Thursday 30 October 2008

Meeting your objectives through successful fundraising

Volunteer treasurers are an important part of any committee and if there are insufficient funds to meet the goals of the organisation it can make the job more stressful. This can be overcome by the organisation running successful fundraisers through goal setting.

S.M.A.R.T Goal Setting

Like all successful endeavours, a fundraiser should start by clearly setting its goals. There is nothing like a good goal to help your team focus on the job at hand, and keep the big picture in mind. The most common method for arriving at a goal is to use the SMART technique. That is, a goal should be:

Specific – well defined and clear
Measurable – activity or production should be quantifiable in terms of progress toward the goal
Agreed – all key stakeholders have agreed to the goal, and have some stake in its achievement
Realistic – based on real world estimates and information, and not over-ambitious
Timely – should have a time frame built in.

A well put together goal might read something like:

‘Kindergarten Centre aims to raise $5 000 by 30 June for the construction of new playground equipment’
Or
‘All funds raised from the Club Trivia Night will go toward purchase of new team uniforms’

Without clear goals there could be a lack of understanding among your team as to what you are trying to achieve – which means valuable energy and resources may not be being employed in the most productive way. You will find that your team will also be more cohesive, and experience a greater sense of achievement when your goals are achieved.


This article has been supplied by The Fundraising Directory who provide an A-Z guide to Fundraising Products and Services in Australia.