Learning Objectives Understand club fundraising guidelines. Learn the characteristics of a successful fundraising project. Understand the importance of continuity in ongoing fundraising activities. Select team members who will enable the club to pursue fundraising goals effectively.

Responsibilities Raise money to sustain and expand club projects and activities. Ensure broad participation by club members in fundraising activities. Carefully manage the finances associated with fundraising activities.

Key Elements of Fundraising Activities Planning Volunteer coordination Financial management Promotion Evaluation

Planning a Fundraising Activity Assess financial needs. Determine the purpose. Set a goal. Assess volunteer resources needed. Apply lessons learned from past fundraisers.

Setting a Fundraising Goal What project will benefit from this fundraising activity? How much money is currently available for the project? How much additional money does the project require? How will the money benefit the project? Are there external sources that could support the project?

Coordinating Volunteers Form working committees with defined duties. Encourage regular meetings of those responsible for the fundraising activity. Ensure that volunteers have clearly defined tasks and follow up with them. Solicit feedback from volunteers.

Managing Funds Responsibly Handle finances in a businesslike way. Determine a fundraising budget. Establish a separate account for moneys associated with the fundraiser. Carefully account for all expenses paid and donations collected. Issue reports on the distribution of money. Consult an accountant. Purchase insurance.