NGO Funding: 5 Ways To Raise Money For A Good Cause

These days NGO funding in Udaipur has become a very tactical and typical type of job which requires some politeness in the way you connect to the donors and along with that sophistication too. At the same time, it also needs specialized skills along with dedicated people and a whole team.

While talking about raising funds for any of the organisations, dedication and commitment are the primary requirements. If you know the right way of raising funds along with the right dedication in yourself, then only your organization can lead to a successful funding proposal.

The next thing that comes when we talk about NGO grants, is undeniably the reputation of the organization which comes through accountability, transparency and at the same time trustworthiness of the organization.
Now, if we talk about fundraising for NGOs, then it can be categorized into 5 main ways which are mentioned below:

Government Grants

The government gives grants to NGOs for certain causes on fulfilling some specific conditions.

Institutional funds

There are many of the trusts and institutions that also grant funds for some of the causes. The NGOs which are seeking grants had to meet some certain conditions and requirements in order to successfully secure the financial support that they desire.

Foreign grants

At the same time there are some international countries too which disburse grants for some causes to improve their image in order to build credibility and acceptance.

Individual donations

There are also some of the individuals who donate or sponsor NGOs for good and healthy causes.

Rewards and prizes

The NGOs who work incredibly well receive many awards and prizes for their hard work. If you need funds then you need to find a funding agency as per suitability and requirement of your cause and here are some ways related to that too.

1. You may try to approach the appropriate government departments in order to seek their support. Government gives the support in women and child related programs, awareness programs, also gives the support of divyaangs, and old age people etc.

2. You can also count on international funding agencies if you want some kind of support for your cause. For example, Helpage, Bill and Melinda Gates Foundation, cry, save the children seeks partnership at the field level. Fours foundation and some of the others also fund NGOs for certain kinds of activities.

3. If you want you can also contact nearby trusts or industry for CSR funds collaboration, this will turn out to be helpful for both parties:NGO as well as the market and the industries.

4. The award and prizes that are given by the government domains and many of the awards are given by private and government agencies and public trusts for good works. You need to keep a check on their advertisements in newspapers etc.

5. If you are someone who is working for a cause which has a capacity to touch the heart of the audience, then you can go seek individual donations like orphanages, animal protection, and the street children.

6. Currently, crowdfunding sites offer a new way to raise funds for some specific reasons which have mass appeal and can directly touch the hearts of donors and investors. This is a relatively new and fresh way and more appealing to the young tech savvy generation which is very much excited in this matter.

So, now you may choose your cause, look for which is a more suitable funding source for your cause. At the same time you can be conversant with guidelines of the funding agency. You need to prepare an appealing and solid project proposal that should be realistic and should have achievable goals.