Themost effective fundraising strategies for the mission in a homelessshelter include membership dues, donors, special appeals, specialevents, and earned income. The first method, membership dues, isparticularly helpful in planning for a year’s missions because itbrings a predictable sum of money every year. The method will involveall the members contributing an agreed upon amount of money yearly.
Donorsare great sources of revenue, as they can bring in large sums ofmoney. The strategies to win donors to the mission of the homelessshelter include building relationships with them through regularvisits to them to ensure they know the shelter and its mission well.
Intimes where there is an urgent need for large amounts of money,special appeals are the best way to raise it. Such needs may arisedue to natural disasters such as floods and earthquakes that lead toloss of shelter. At this time, the unaffected people feel sympatheticand wish they could help them. The best response will come from massmedia adverts, as many people will see it at once, leading tosignificant donations.
Specialevents can be particularly effective in two ways, which arefundraising and friend-raising. The former is a situation wheredonors contribute resources to a mission, while the latter means thatthe organization introduces itself to potential donors, who may laterbecome major donors. The fundraising team must ensure that the eventis beneficial in these two ways, due to the great effort, time, andresources involved in holding it (YouTube,2017).
Finally,the fundraising team can seek to earn income by starting businessesthat will raise revenue for the shelter, improve the lives of thehomeless, and promote activities and behaviors that enable them toachieve financial independence (YouTube, 2017). This income reducesthe organization’s dependence on external donors.
YouTube(2017), Neiheisel-April 6.Retrieved from https://www.youtube.com/watch?v=v3asUgY_Xd8,Accessed on 6 April 2017Topof Form
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