Types of Fundraising

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1 Introduction Raising funds for charitable causes is not an easy task. One needs a lot of patience, effort, and ingenuity in coming up with ideas that can help generate funds fast. Apart from producing funds, fundraising activities aim to introduce the organization handling the event in the hope that sponsors will often participate in activities and causes sponsored by the organization. For this assignment, the focus of the discussion is on various types of fundraising options, specifically, special events and internet fundraising activities. Defining Special Events and Internet Fundraising A special event fundraising is a popular vehicle to raise financial support for an organization's objectives and causes. It ensures that projects intended for charitable causes are well-funded and will have continuous monetary support in the future. Also known as fundraising benefits, these social gatherings must ensure that the "money raised … [are] spent for the non- profit group's purposes" (Wyman, p.10). Would-be donors are turned off by the fact that there are unscrupulous individuals and organizations that use donated money for their personal gain. Internet fundraising is another form of fundraising. Similar with special events, the aim is to help causes that benefit individuals, groups, or institutions. The major difference is the number of people that have access to internet fundraising because most of these organizations have "developed an online presence" (McGavin & Gouin, 2009, p.8). Research by McGavin & Gouin (2009) reports many organizations use internet solicitation to raise funds and make known their fundraising campaigns considering there are millions of people who use the internet every day. As such, the reach is wider and there is no need to spend too much on marketing the organization's projects and causes (McGavin & Gouin, 2009, p.8). How It Works Fundraising

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