Fundraising during Covid has been a challenge for many nonprofits. Because of social distancing, fundraising events are being cancelled, and nonprofits are forced to find alternative ways to raise funds for their nonprofit. Here are three ways to continuing fundraising during Covid with examples from inspiring nonprofits:
#1 Hold a virtual event
Fundraising during Covid means getting creative. Instead of cancelling your event, move it online! It might be hard for you to imaging at first but here are some ideas:
Turn your gala into an online event
Turn your walk/run into a virtual event!
Canadian Cancer Society ran a ‘Relay at Home’ event.
They also encouraged Relay for Life supporters to use their Fundraising Tools during Covid to take their peer-to-peer fundraising online. Here are some tips:
- Engage with your participants on event day through social media, do live broadcasts using tools like Facebook Live
- Reach out to your most engaged participants about filming a short video of themselves that you can share on event day
- If you had corporate sponsors lined up for event day, reach out and offer opportunities to engage with the virtual event
Third-Party events
You could also encourage your donors help your nonprofit with fundraising during Covid by creating a third party event, sometimes known as a host your own event. If you don’t already have a platform for third party events, your supporters can use a tool like Eventbrite for nonprofits to create and sell tickets. People are now hosting their birthday parties, game nights, and even movie night online so why not turn some of these into third party events
#2 Leverage Other Revenue Generating Opportunities
Fundraising during Covid means shifting our mindset to explore other revenue generating opportunities. If you were planning to hold a fundraising event this year, your donors had already planned to donate to your cause during your fundraising event, so now it’s about directing that generosity through another channel.
Urgent digital campaign
Tell your donors about cancelled events, the impact on your revenue, and the shortfall in program funding this gap creates. Check out this appeal from POWER (The Pennsylvania Organization for Women in Early Recovery) that raised $6,000 over the weekend, so they could continue their services. Read the whole story here.
- Your monthly donors among the most committed people to your mission
- Send monthly donors an urgent appeal that references their generous recurring contributions and that you are reaching out to them specifically because of their dedication
- Encourage your one time gift donors to make their donation monthly to provide sustainable long term funding
Direct mail program Now is not the time to scale back on your direct mail. Revenue is likely to slow, but cancelling your direct mail pieces now is going to do long term harm to your revenues. Check out: Why Direct Mail is Your Best Option to Raise Funds Right Now (With Examples).