Denali Chamber Economic Development Proposal - Flipbook - Page 33
applicable), merchandise sales, and other
earned income sources. This income can help
support the organization's activities.
6. Events and Fundraisers: Hosting fundraising
events, such as galas, auctions, or charity runs,
can be an effective way to raise funds.
Additionally, online crowdfunding platforms
can help nonprofits reach a wider audience.
7. Membership Dues: If the organization has a
membership structure, it can collect dues from
members to support its work. In return, members
may receive benefits such as access to
resources or exclusive events.
8. Grassroots Fundraising: Engaging volunteers
and supporters to fundraise on behalf of the
organization can be a powerful way to raise
funds. Peer-to-peer fundraising campaigns and
donation drives fall into this category.
9. Endowments:
Some
nonprofits
establish
endowment funds, which are invested to
generate income over the long term. The
earnings from endowments can provide a stable
source of funding.
10. Collaborations and Partnerships: Partnering
with other organizations, both nonprofit and
for-profit, can lead to funding opportunities.
Collaborative
projects
or
joint
grant
applications can be successful in securing
resources.
11. Corporate Sponsorships: Companies may sponsor
specific programs, events, or initiatives of your
nonprofit in exchange for visibility and