- Personal Finance
How To Receive Charitable Donations
Not many people see donations as part of their finances. This may be because when people are asked to donate it always seems like it is for a charitable cause. When these words comes together, charity and donation what pops into many people mind is some broken old senior citizens home needs refurbishing or someone is ill and is in dire need of some kind of medical help. Yes, donations are normally geared towards these main categories, but receiving charitable donations could help you build wealth and increase the credit ranking under your personal finance. I know many people who are reading this article may wonder about how charitable donations will increase your personal finance, but don't go thinking that I am speaking about creating an unscrupulous scheme to defraud anyone out of their hard earned money. I am talking about legitimate needs and people who will donate to see those needs filled. Let's delve deeper.
What Is a Donation?
A donation is basically giving away any tangible or non-tangible asset to help fulfil the needs of a person, organization or business. Well, in my own words that's what I believe it means anyway. When we donate, we usually give away something that is tangible in most cases. Whether it be food, clothing, donating cars, donating money etc. The Intangible donation are efforts given to help fulfill a particular need. So someone may donate their entire day in helping saving some animals or distributing foods to the needy. Donation of time can be quite important. Another intangible way in which people donate is by flexing their power. What I mean is simple things like granting access to an area free of cost, providing free use of equipment and things like those. But the donation which most people will look forward to is the financial donation, even though the money may have been given to fulfill a bigger picture. The use of the funds can be very flexible to suit smaller needs which are part of the bigger needs.
Getting a Donation
You can't just get up one day and tell yourself that you will need a donation to help finance the finishing of your First Degree or rebuilding of your chicken coup and go outside with a sign saying "Donate Here” and believe that you will get anywhere at all. Getting charitable donation takes much more than a sign over your neck and a tin cup jiggling with coins. I am sure in today's scavenging like society where people are busy with selfies you will not be recognized. So what are the steps in receiving charitable donation then you ask? Well, just read below and let's get started.
Steps To Receive Charitable Donation
1. Setup a Good Cause
What cause are you seeking donation for? Is it to buy all the M&M's in the world or is it to provide funding to kick start your next Technological breakthrough? People will simply not give you the time of day if your cause for soliciting donation is as lame as a horse being ridden across a desert.
2. Speak To the Right People
Sometimes we try to seek donations where the same people we seek donations from are seeking donations themselves. When you craft your donation cause properly, you have to speak with people like minded who have some kind of interest into what you are about or what you are doing.
3. Don't ask for an Arm and a Leg
What I mean is don't get too greedy when begging. Try to solicit a few from a lot instead of a lot from a few. People will tend to give easily when it doesn't seem like you are breaking their backs.
4. Get the Word Out
No one will know that you are seeking charitable donation if you keep your mouth shut. You have to go out there are let your presence be felt. Speak with a radio station if possible. Let social media be your next best friend. Easily setup a free website with your cause so people online can find your site and act accordingly.
5. Setup a Crowdfunding Account (Online Donation)
Crowd funding is basically a bunch of online people who donate to certain causes. So let’s say you create a funding account on saving 100 puppies from a puppy mill. This will require vet care, food and other necessities which you will need help with. People on these crowd funding sites will donate to your crowd funding page to help with this project of saving those 100 cute puppies from puppy mills.
6. Setup a Donation Center
You could contact people who can at least help you with setting up a temporary area or building to be used as a donation center. Where people can walk in with whatever they have to contribute, whether it be goods, services or money.
7. The Good ol' Donation Box
If you want to collect cash. Then get a box which specifically tells people that you are seeking cash. Donation boxes are normally setup inside donation centers. Some of these boxes include Large food and clothes boxes, while the smaller and more secured boxes are for cash. Get yourself a could of these donation boxes and place them in stores, etc so they can collect those donations on your behalf.
Have You Ever Received a Donation?
Charitable Donation Increases Your Personal Finance Standings
When you receive the money from donation, if you squander it off by flying off to Jamaica and partying and having a good time well you will never increase your personal finance standings. But if you put that donation money to use and let's say complete a research or finish school, the long lasting effect is immeasurable.
When people donate they expect results, they expect to see some kind of final resolution once projects or other activities are funded. When you receive this charitable donation and use it in the right way, it can help to jump start your career in ways you may never had dreamed.
So you see, soliciting help in the form of donation is far from simply begging. It could mean the difference between, saving a life and even saving your future.