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12 Easy Practical Tips for You to Run a Successful Charity this Year
Posted: Jan 24, 2023
Running a successful charity requires a lot of planning and preparation, as well as dedication and commitment.
Here are some tips on how to run a successful charity:
- Develop a clear and realistic goal;
- Recruit, train, and manage volunteers;
- Focus on financial management;
- Put in strong financial controls;
- Avoid chasing the money;
- Good governance, Good governance, Good governance;
- Find a great team and use the right tools;
- Leverage the power of social media;
- Approach fundraising as a marketing project;
- Send updates to participants;
- Create a fundraising plan; and
- Utilise branding, flexible payment options, recurring gifts and gift matching.
Let's elaborate on them a bit:
1. Develop a Clear and Realistic Goal:Setting clear and realistic goals for your charity is important to ensure you stay focused and motivated. Consider your resources, strengths, and weaknesses when setting goals. Start by determining your charity's mission and objectives, and then develop a plan of action to achieve those goals. Your plan should include measurable milestones and timelines. You should also consider the budget and resources you will need to reach your objectives.
2. Recruit, Train, and Manage Volunteers:Volunteers are essential for running successful non-profits and especially smaller charities that cannot employ a large team. It is important to recruit the right people for the job, provide adequate training, and manage volunteers effectively. When recruiting, consider the skills and experience of the volunteers, as well as their motivations for volunteering. After the team is in place, provide them with adequate training and support and ensure they have a clear understanding of their roles and responsibilities.
3. Focus on Financial Management:Strong financial management is essential to ensure the charity stays viable. Monitor expenses, revenue, and cash flow on a regular basis to ensure the charity is financially viable. Consider investing in financial software solutions to help you manage the charity's finances and ensure you are making the best use of your resources.
4. Put in Strong Financial Controls:Create strong financial controls to ensure the money is spent in the right way. Have a clear budget and accounting system in place. This cannot be stressed enough. Financial management without strong financial control does not work. Your financial management measures will help you have a strong budget and accounting system in place while a strong financial control system will ensure there are sufficient checks and monitoring of expenses, revenue, and cash flow on a regular basis.
5. Avoid Chasing the Money:Focus on your core mission and don't get distracted by chasing money. Most non-profits forget their goals in the race to raise funds and do the good work. Instead, focus on delivering the best services and providing meaningful support to those in need.
6. Good Governance, Good Governance, Good Governance:Put in place the right policies and procedures to ensure the organisation is governed well and operates in a responsible and ethical manner. Review your documentation on a regular basis to ensure they are up to date. Involve your team members, volunteers and even your donors to get feedback and formulate coherent roadmaps and guidelines.
7. Find a Great Team and Use the Right Tools:Have a great team of people and use the right tools to help you manage the charity efficiently. Recruit a great team of people with the right skills and experience. Use the right tools to help you manage the team efficiently. Consider investing in software solutions that can help you manage employees and volunteers and even track donations and streamline administrative tasks.
8. Leverage the Power of Social Media:Utilise social media platforms to spread awareness about your mission and engage with supporters. Use social media to share updates about your charity's activities and promote upcoming events. Make sure to respond to comments and messages promptly and engage with your followers proactively.
May charities are unable to understand the channels properly and do not know where to focus their energies. Ideally, they should not focus on more than two and choose only those two where their supporters are more likely to be found.
9. Approach Fundraising as a Marketing Project:Most charities do not approach fundraising as a marketing project, which they should. Having detailed fundraising packs that have all the necessary information helps potential donors get all their queries answered and increase the chances of a contribution. Including a clear and concise summary of the charity's objectives, case studies of your work, a list of ways supporters can contribute, and a thank you note to show your appreciation go a long way. Non-profits can always raise funds using a subscription model. This helps people who would not otherwise contribute do so in smaller chunks which in time add up to much more than what larger donors would have contributed as a single donation.
10. Send Updates to Participants:Keep potential donors and participants informed by sending frequent updates and offers. Ensure the updates include information about upcoming events and ways to get involved. Make sure to include a call to action and provide links to donate or sign up for events.
If the donors have contributed to a specific cause, keep them updated on the latest happenings, work progress and other updates that help them feel connected to their cause. This simple act of keeping the donor updated increases involvement and engagement and furthers your chances of creating a long-term support partnership. Use online marketing techniques such as SEO to promote your brand. The expense you incur pays off handsomely after a year.
11. Create a Fundraising Plan:Create a detailed fundraising plan with measurable goals and timelines. Include a breakdown of the budget, the target audience, and the resources you will need to reach your fundraising goals.
Fundraising can prove difficult when you are starting out and having people in your network fund the initial expenses always helps. Use your charity website to collect donations. It is cheaper and more effective in the long term than ads or cold calls. Talk to businesses that offer online marketing or make websites for charities on how to go about it.
12. Utilise Branding, Flexible Payment Options, Recurring Gifts and Gift Matching:Utilise branding, flexible payment options, recurring gifts and gift matching to maximise donations and donor engagement. Invest in tools that allow you to accept payments online and offer recurring payment options. Leverage gift matching programmes (where a sponsor's contribution matches what regular donors contribute) to increase donations.
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