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Which Number Of Fundraising Platforms Does Your Non-Profit Really Require?


As organizations grow, many find themselves adding new tools instead of replacing them. Your fundraising portfolio can grow until it is too big. And then, you're wondering who is managing all of this technology and how much time being devoted to your main passion, your cause.

As our team thinks deeply about the needs of nonprofits to be efficient but at times, we're in the dark about how many free fundraising platforms does your non-profit really need?

Let's begin with the basics. First, let's review fundraising platform basics. Then we'll dive into how finding a central platform to handle many functions can help your organization stay focused on its cause.

What is a crowdfunding platform?
A fundraising platform is what you employ to manage any fundraising event. It lets you accept donations and develop numerous forms for various campaigns. It also lets you manage donor data and run reports.

As you are aware, fundraising online fundraising sites like gofundme that don't charge is essential for every nonprofit. Furthermore, in the last few years, online fundraising has become more than a simple form to gather credit card numbers. An online fundraising platform is now the primary place that donors can interact with your nonprofit. Offering a wide range of options will keep donors engaged for longer.

Let's break down each of the essential features of what a platform is supposed to assist in:

Accepting Cryptocurrencies and Credit Cards
Online giving is the norm although you might have used to accept payments in person or by mail. Forms of fundraising make use of payment gateways that accept donations via credit cards. Five years ago you needed the merchant account of a bank to do this. The good news is that accepting online donations today is a lot simpler.

Making Numerous Contribution Types
Many non-profit organizations have multiple online campaigns best crowdfunding sites for personal. It is possible that you have a lengthy campaign with general goals, and smaller, time-specific campaigns that address specific requirements. For instance, a camp for youth camp may have various campaigns to raise funds for maintenance and building expenses, special projects as well as a scholarship fund to support the expenses of a camper.

You are able to control how many donation forms you can create. There's not a lot of freedom on every platform that permit this kind of flexibility. Some platforms free fundraising platforms offer the same degree of flexibility. A nonprofit cannot assume that all platforms will offer the same benefits when looking at fundraising platforms.

Using Funds and Designations
Because you're likely to run several campaigns running at once It's also possible to allow donors to specify where they'd like their money to go as well. You could, for example, add different fund designations to each local chapter if you have a nonprofit organisation. Not all fundraising platforms have this option.

Including Peer-to-Peer Fundraising Campaigns
Peer-to peer fundraising is an excellent way to increase revenue over the long term. This allows teams to form and raise money for your business. This is one place where fundraisers may use a third (or third) fundraising platform. While there are many peer-to-peer crowdfunding sites, you'll have to incorporate another platform to your fundraising strategy.

Managing Your Benefactor Data Source
Management of donors is an essential element of every fundraising platform . You should be able to determine who has contributed to your campaigns, and how often. A donor database allows you to look deeper into your database and establish deeper donor relationships.

At at a minimum, your donors database must be able to:

Find out who your supporters are and the best way to contact them.
See the amount of donations that you and your contributors have made and
See their entire history of giving

This will allow you to pinpoint those who deserve to be honored for their generosity and also identify those who might need a bit of encouragement.
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