Thursday, April 10, 2014
Challenges and Benefits of Nonprofit Event Fundraising | GuideStar Blog
Challenges and Benefits of Nonprofit Event Fundraising | GuideStar Blog: pring is here and so is the event fundraising season! Events that raise money for causes and nonprofits can take many forms from 5k runs and walk-a-thons to endurance bike rides. In recent years, nonprofits have expanded these activities to include mud runs, polar plunges, even head-shaving! But just like any large undertaking, planning a fundraising event has its benefits and challenges. They can bring in a lot of revenue for the organization, but can also put tremendous strain on a nonprofit’s resources. The operations and logistics can test your organization’s limits; however, the reward can certainly outweigh the risk if executed correctly.