How to Host an Effective Fundraising Gala?
Posted on 23 November, 2020 at 14:55
By Kudakwashe Ngoma
As a non-profit sector player, you're probably aware of the many benefits hosting a fundraising gala can offer. This classic event is often more formal than other fundraisers, with guests like corporate supporters, major donors, community leaders, and board members. With so many important people in one place, your non-profit has the opportunity to state your cause in a compelling way and excite your donors to continue supporting your mission. As a result, fundraising galas require extensive planning to get right. Everything from the venue to the seating arrangements to the check-in process has to be organized well in advance to ensure the success of your fundraiser.
For social entrepreneurs looking to upend
the status quo and solve the world’s big problems, holding a fundraising gala
may seem archaic or even offensive. Still, non-profit organizations have been
holding galas for generations—because they work. Of course, a gala won’t work
for every cause or organization. To begin with, your social enterprise must be
a non-profit. You need to understand the nature of your cause and cross-examine
it with the fundamentals of fundraising gals. In this issue, we shall look at
some key points to take note of when planning to host a fundraising gals for
your non-profit.
1. Craft A Program
That Focuses On Your Fundraising Gala Goals
Your goals are what set the foundation for
your gala; without them, you won't have a clear direction or a way to assess
your event's success. Whether your goal is to gain funds or gifts from major
supporters or celebrate the support and achievements of a recent project, your
goals should be an essential part of the planning process. Keep your goals in
mind as you plan out the program for your gala. Having a clear understanding of
what you want to achieve will help you structure your program to focus on those
main objectives. Let's say that your organization is planning a fundraising
gala to launch your capital campaign. One of your main goals might be encouraging
guests to contribute, thus your whole program should be centred on getting your
guests to understand how the funds will actually help change the communities
for the better.
2. Decide On Your
Fundraising Gala Theme
A fundraising gala theme can add to your
event's personality and make the experience more enjoyable for guests. Plus,
planning will go faster once you've determined your theme. Think about it this
way: you can narrow down your options when picking food, decorations, and venue
locations if you have a very distinctive fundraising gala theme in mind. The
following ideas can help spark your creativity on working around to create a
perfect theme:
·
Black
Tie Event — Keep your event simple and classic by sticking to a black and white
colour scheme. You can get as creative or unique as you want with this theme as
long you keep the contrasting colours constant.
·
Holiday
Celebration — If your event is near the holidays, this theme is perfect to get
your guests in the giving spirit. Create a comforting environment using rich
reds and greens.
These are just a few of the themes your
organization can choose. Feel free to create your own theme or pick something
that directly relates to your cause.
3. Create A
Fundraising Gala Budget and Stick to It
As with every fundraising event, having a
definitive budget is crucial if your organization wants a return on investment.
A well-thought-out budget should include both estimated and actual costs of
expenses as well as your projected fundraising goal. Everything from the
decorations to the sound equipment to the catering to the event management
software should be documented on your budget with estimated costs for each
item. Of course, unexpected expenses or situations will arise; you might have to
pay more than you predicted for the venue or you didn't consider the expense to
hire a sound crew. Either way, it's important to have a section in your budget
dedicated to unexpected circumstances. Predicting the amount of funds you'll
spend will help you determine if seeking out corporate sponsors is necessary to
stay within budget.
4. Determine
How You Will Accept Donations During Your Fundraising Gala
While registration fees and admission costs
may be some of the main ways you generate funds from your event, they shouldn't
be the only ways. You should encourage guests to make contributions throughout
the event and incorporate other fundraising ideas (charity auctions and
raffles) to generate even more funds. Since there is a wide variety of giving
methods available, your organization should incorporate multiple options so
that there is a preferred process for everyone. Three popular donation methods
for events include:
·
Donation
Kiosks — These portable donation tools allow guests to contribute using their
credit cards. They're often simple and fun to use and perfect for smaller
gifts.
·
Text-to-Give
— Since it's highly likely that every guest will have their phones,
text-to-give is a convenient option that allows guests to give donations of
virtually any size in confidence.
·
Mobile
Donation Forms — Guests are probably most familiar with using mobile-friendly
donation forms. The process is generally short so guests can get back to
enjoying your event.
These forms of giving are great ways to
encourage donations because they're easy for guests to understand. Make sure to
have multiple giving options available as this will increase your chances of
reaching (or exceeding!) your fundraising goal.
5. Speakers and
Entertainment
Putting on a program that is as fun and
memorable as it is inspirational is a key to getting the right people at the
event and for getting them to open their wallets once there. From the start of
the evening, consider the guest experience for all donors. It is equally
important to respect their time, have auctions filled with items that appeal to
their tastes, provide a well-timed program and post-event entertainment. Speakers
should have a connection to your cause. In fact, your program beneficiaries
make great speakers particularly because they can provide the all-important
testimonials that can speak to the donors on how worthy your cause is to them
and the greater societies. You’ll want to choose those who are willing to
accept coaching to ensure that the whole event is flawless.
6. Follow Up
After planning for your big event for a year or more, it is tempting to think of the day after the event as the first day of vacation, but experts caution that following up after the gala is a critical part of the event. Start as soon as possible. If you've thrown a successful event, your guests will be engaged and excited to speak with you. Call and email the next morning. After the gala, ensure that all guests are acknowledged for their support and that they are aware of updates of future gala dates using email and social media correspondence. It is imperative to note that everyone who buys a ticket or attends the gala provides some contact information; and your team should follow up with everyone through sending letters to everyone who attended, expressing appreciation, reporting on the total raised and crediting them with the event’s success. The follow through really needs to continue throughout the year, updating guests on the use of funds, progress made and plans for the next event. It is also encouraged to share photos of the event on your website and social media. Tagging guests in their photos can help them feel appreciated in the days following the event. The faster such photos are posted, the better.
Good luck with your fundraising.