As non-profit organizations continue to pursue their respective missions, fundraising often proves to be a challenge. It’s essential to establish diverse fundraising strategies to ensure that the organization continues to operate and grow.
One way to do this is by creating a fundraising contract. This document outlines the terms and conditions of the fundraising effort to ensure that everyone involved understands their role and responsibilities. It also protects the interests of both the organization and the fundraiser.
Here are some examples of fundraising contracts in the non-profit world:
1. Sponsorship Agreement
When it comes to fundraising events, sponsorship agreements are common. The agreement outlines the terms and conditions of the sponsorship, including the length of time, the amount of funding provided, and the benefits of the sponsorship. It can also include details about how the sponsor’s logo or name will be used in the event’s promotional materials and on-site signage.
2. Grant Agreement
Non-profit organizations can receive funding from different sources, including grants. A grant agreement outlines the funding terms and conditions, including the grant’s purpose, the budget, and the timeframe for completing the project. It also includes a progress report, which outlines the project’s milestones, expenses, and results.
3. Fundraising Consultant Agreement
Some non-profits seek the assistance of fundraising consultants to help them develop fundraising strategies and plans. The fundraising consultant agreement outlines the scope of work, the fee structure, and the timeframe for completing the project. It also includes a confidentiality clause to protect the organization’s sensitive information.
4. Crowdfunding Agreement
Crowdfunding is becoming an increasingly popular fundraising method for non-profits. A crowdfunding agreement outlines the terms and conditions of the campaign, including the fundraising goal, the crowdfunding platform used, and the rewards or incentives offered to donors.
5. Auction Agreement
Auctions are a popular fundraising method, especially for larger non-profits. An auction agreement outlines the terms and conditions of the auction, including the items to be auctioned, the bidding rules, and the payment and delivery terms.
In conclusion, creating a fundraising contract can help non-profit organizations establish clear guidelines and expectations for their fundraising efforts. Whether it’s a sponsorship agreement, grant agreement, fundraising consultant agreement, crowdfunding agreement, or auction agreement, having a written contract can help ensure that the organization and its fundraising partners are on the same page.
