It seems like almost every cost in our lives can be offered as a subscription service, so why not charitable donations? Recurring donations allow your donors to give to your non-profit organization on a monthly basis, making it more convenient for them to give. For your non-profit, recurring donations represent predictable revenue and donors you can grow over time.
Silent auctions are a popular element of fundraising events. They allow you to carefully curate the items in your live auction and offer opportunities for your more reserved donors to bid on items without calling attention to themselves. If done correctly, silent auctions can raise vast amounts of money for your organization's mission and even attract new donors to your fundraising events. Here are 7 tips to maximize the success of your silent auction.
Non-profit organizations always want to raise more money. More money means they can do more for their cause. So whenever we work with non-profits, whether helping them structure their board or plan their fundraising for the year, we always give them a little bonus by giving them three tips to raise more money at their next fundraising event. These tips can help you raise an extra $10,000 - 25,000 with minimal additional effort and can be used at a fundraising event as early as next week.
If we could give every single non-profit preparing for a fundraising event one piece of advice, it would be this: Don’t underestimate your silent auction. Something we see a lot of non-profits do is treat their silent auction like an afterthought or a bargain bin for donated items that don’t fit into their live auction. They’re leaving a whole lot of money on the table. With the right strategy, silent auctions can earn just as much or ever more than your live auction.
We work with non-profits to help them raise more money for their cause, and here are the 5 easy-to-implement strategies that will turn your silent auction into a major revenue generator.
Jason Ledlow, Trevor Nelson, and Amy Meyers sat down at the end of 2022 to answer your questions about non-profit fundraising. They discussed working with a board, nurturing donor relationships, and how to maximize revenue from galas.
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At HGA, we're dedicated to helping nonprofit organizations Raise More Money through coaching, auction items, and auction software.