Thursday, April 2, 2015

Save Money with ColoradoGives Fundraising Pages

By Lisa Lujan, Online Giving Coordinator, Community First Foundation
The end-of-year fundraising season is gone with the cold weather. But warmer days bring a different kind of fundraising—summer sports events for charity. Marathons, climbs, bike races, walks and more proliferate in the coming months.  

If you’re thinking about taking part in an event and using it as a springboard to raise money for a favorite charity, check out fundraising pages on ColoradoGives.org. 

Our fundraising pages are similar to "crowdfunding" sites, except ours help you raise money for one of the 1,690 local nonprofits profiled on ColoradoGives.org. Best of all, using ColoradoGives fundraising pages--and encouraging your supporters to do the same--can save you a lot of money in fundraising costs. Below is an example of typical cost savings. 

Sample Fundraising Goal:
Raise $50,000 from 1,000 people giving $50 each


ColoradoGives Fundraising Pages
Fee: Flat 2% per donation (no set-up fees, no monthly fees and no additional cents per donation)
Total cost to raise money = $1,000

Similar Fundraising Site
Fee: 5% of total raised, plus 2.9% and a $0.30 fee per donation
Total cost to raise money = $4,250.
That's $3,250 more in fees than you would pay on ColoradoGives.org. Put another way, you would need to raise an additional 65 donations to equal the amount raised on ColoradoGives.org.

Through ColoradoGives.org you can create a fundraising page as a nonprofit or a donor. As a nonprofit, you can use our Super Campaign feature to group several fundraising pages together. This allows you to show an overall goal and amount, but you can also then share a URL to provide donors with one spot where they can see all of the donor/individual fundraising pages associated with your campaign. Then they can choose the pages they would like to give through. 

Be sure to research all your options and read the fine print when choosing a "crowdfunding" site for your organization's next fundraiser. Visit the Fundraising Page section of our FAQs for more information.

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