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2. Fundraising Goal:
In conjunction with the event host committee, organization staff, and
key fundraisers, you must decide what amount of money you plan to
raise at the event. If this is truly a fundraising event, then everything
in the event plan will be geared to raising this specific amount of
money. The amount you choose should be what you hope to net, that
is, the amount you plan to raise after expenses are deducted. You
should develop a goal based on the team members and tools available
to you. Start with a humble goal and an aggressive plan. It is always
better to adjust the goal higher than it is to lower it as the event moves
closer.
3. Budget:
Every fundraising event plan should contain a complete budget listing
all of the expenses that will be required to hold the event. The cost of
an in-person event can increase steadily as the number of attendees
goes up. Hosting a virtual event can help keep food, space, and
materials costs from getting out of control and allows for a lower
registration fee. Your budget should include staff, print materials,
space rental, catering, entertainment, transportation, security, utilities,
and anything else that will be required to make the event a success.
Your budget should take into account your fundraising goal, ensuring
that you raise an amount of funds above and beyond all expenses. Be
sure to leave a little extra room in your budget for unforeseen costs.
4. Leadership:
As part of your fundraising efforts, your event will most likely have a
“host committee” and one or more “host committee chairpersons.”
These people are responsible for contributing substantial amounts to
the event and encouraging other attendees to do the same. The host
committee is generally composed of wealthy donors, leaders of local
businesses, or local celebrities. The host committee and chairpersons
are not responsible for actually running the event but are integral to
ensuring that you reach your guest and fundraising goals. The host
committee helps with peer-to-peer fundraising and follow-up.
6. Set-Up:
Your event staff should plan the event set-up well in advance. The set-
up includes all of the particulars of the actual event: Where will it be?
Will food be served? Will there be entertainment? What kind of dress
will be required? What is the itinerary for the event?
Virtual events have things to set up, too. The first decisions involve
online services, what fundraising or streaming services do you plan to
use. Do some supporters need special privileges on the day of the
event? What graphics need to be prepared. Do auction items need to
be photographed.
7. Marketing:
Just like a new product, your charity event needs to be aggressively
marketed to your target attendee. You need to convince your
supporters that your organization and event are worthy of their time
and money. Make sure they know how the funds will improve
someone’s world.
If you are hosting a virtual event you need to do a dry run with the key
people on the equipment they will be using during the event. If you
are using any special tools to auction items, count donations as they
come in, use a chat feature, you will need to have a few people
participate as guests will from different types of devices. If you run
into any problems, document the solutions ahead of time and post a
troubleshooting link for guests.