The Relief India Trust NGO is a renowned organization working extensively in the rural and urban parts of India. Their operational activities are dependent on the provision of funds which they get from private and as well as government donors. The need is to have consistent funds so that there is no delay in the provision of welfare work in the community by the NGO. The Relief India Trust NGO organizes several fundraising programs and also approaches the donors directly to contribute in the charitable work by providing funds.
Fundraising sources of NGO:
The NGOs have several fundraising sources. Some contribute generously and some contribute with smaller amounts. As the NGOs are doing social work for the benefit of the society, so they should consider every penny contributed towards their cause. A lot of large scale NGOs overlook the importance of small funds, but that is totally a mistake that they commit. The reason is that most of the small donors are wealthy individuals who spread their wealth by contributing into the help of several NGOs. If the NGOs are doing good work and have good convincing power, then they can also convince those small donors to participate with their funds on a larger scale. Following are some of the sources of NGOs as devised by the Relief India Trust NGO in order to raise funds for their social welfare cause:
NGOs generate a good amount of money by selling some of their products and services that they have. A lot of government sectors hire the services and products of NGOs in various disaster and emergency situations.
NGOs also generate handsome money by the membership dues paid by the members of the NGO.
The several bodies of the United Nations also have funds for the NGOs. Further a lot of wealthy individuals also donate generously to the United Nations and then they either spent the money themselves or give it to the other NGOs where they feel that money is needed for the relief and the betterment of the community.
The local individual donors generate generously if they see that the NGO is doing a good work in empowering the local community. In order to generate the funds from the locals, the members of the NGOs should have to approach these wealthy individuals themselves with a concrete plan of their future projects.
The government also offers good grants to the NGO. The government grant system works in a systematic way. The NGOs are required to submit a proposal to the government. The proposal should have all the information about your past projects and what are you looking to do in the future. The government grants can take several weeks, but once the money is granted, it is normally good enough to cover a good part of your ongoing or the future project.
There are a lot of philanthropic foundations working in most of the countries these days. They can also be approached by the NGOs in order to get grant.
Fundraising sources of NGO:
The NGOs have several fundraising sources. Some contribute generously and some contribute with smaller amounts. As the NGOs are doing social work for the benefit of the society, so they should consider every penny contributed towards their cause. A lot of large scale NGOs overlook the importance of small funds, but that is totally a mistake that they commit. The reason is that most of the small donors are wealthy individuals who spread their wealth by contributing into the help of several NGOs. If the NGOs are doing good work and have good convincing power, then they can also convince those small donors to participate with their funds on a larger scale. Following are some of the sources of NGOs as devised by the Relief India Trust NGO in order to raise funds for their social welfare cause:
NGOs generate a good amount of money by selling some of their products and services that they have. A lot of government sectors hire the services and products of NGOs in various disaster and emergency situations.
NGOs also generate handsome money by the membership dues paid by the members of the NGO.
The several bodies of the United Nations also have funds for the NGOs. Further a lot of wealthy individuals also donate generously to the United Nations and then they either spent the money themselves or give it to the other NGOs where they feel that money is needed for the relief and the betterment of the community.
The local individual donors generate generously if they see that the NGO is doing a good work in empowering the local community. In order to generate the funds from the locals, the members of the NGOs should have to approach these wealthy individuals themselves with a concrete plan of their future projects.
The government also offers good grants to the NGO. The government grant system works in a systematic way. The NGOs are required to submit a proposal to the government. The proposal should have all the information about your past projects and what are you looking to do in the future. The government grants can take several weeks, but once the money is granted, it is normally good enough to cover a good part of your ongoing or the future project.
There are a lot of philanthropic foundations working in most of the countries these days. They can also be approached by the NGOs in order to get grant.
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