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Non Traditional Fundraising

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Submitted By autismmom116
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Consider the following scenario in your assigned discussion group: Phoenix Homeless Agency (PHA) needs funds to continue providing job counseling to qualifying recipients. Discuss with your assigned group how nontraditional sources of funding might be used to solve the funding problem for the PHA. Be creative. Determine the strategies from your discussion group that you feel solves the funding needs for PHA the best. Write a 200- to 300-word summary detailing the three fund-raising strategies you employ. Post your final answer as a Microsoft Word attachment

The first form of non-traditional fund raising is Crowd funding which is the collection of finance from backers or the "crowd" to help fund an organization and usually occurs on the internet. The organization could be a nonprofit campaign (e.g. to raise funds for a school or social service organization), or a charitable campaign like an emergency fund for a sick person. Crowd funding models involve a variety of participants. They include the people or organizations that propose the ideas and/or projects to be funded, and the crowd of people who support the proposals. Crowd funding is then supported by an organization which brings together the person who initiates the program and the crowd.

Another form of non-traditional fund raising is selling of assets. This is where the organization sells the furniture and equipment that it doesn’t use to generate monies to help run the organization. This is beneficial because the other option is to get rid of it and not make any money on it, it’s like a yard sale, you may not get full price but you can make some money on it.

The last form of non-traditional fund raising that I chose is client donations. This is usually overlooked because it is a human services agency that is helping the homeless, people who don’t have anywhere to live. The idea is to ask them to contribute, even a very small amount, to the organization. By doing this it helps them feel like they are not taking hand outs and contributing to their successes.

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