The association program offers many useful tools for institutions that want to increase their income. The power that keeps associations alive is to correctly direct a group that sees the association's goals as their own. As a result of correct direction, the participation of the group can be ensured by providing manpower or financial contributions. At this point, association software can be an important aid in solving many issues such as conducting preliminary work, following up on processes, and more. So what are the methods of increasing financial opportunities for your association? Let's explain this issue together...
Sponsorships
Sponsorships are usually long-term partnerships that occur when various institutions provide in-kind or cash support for your association to achieve its goals. Of course, you can find many sponsorships without exception. For example, sponsorship agreements for an event you organize for any purpose are short-term sponsorship agreements. You can use various methods to find a sponsor. If your association is a well-known and accepted association, you will not have difficulty finding a sponsor, but finding a sponsor for a relatively new association can be a difficult and long-term process. If your association meets the second definition, it is very important to inform the association's board of directors, members and acquaintances that you are looking for a sponsor. When companies sponsor an association, they care about its past activities, number of members, demographic structure of its members and the association's financial situation. You can easily obtain all the data by using the association program with a few simple operations.
Events
Events are usually important activities organized for associations to declare their names and goals to the society. Events such as fairs, concerts, symposiums and similar events are designed to mobilize the targeted audience. In this way, you can ensure that your targeted audience gathers at one point, learns detailed information about your association and takes action to support your association in achieving your goals. Even if no additional support is received, you can charge a ticket fee at the entrance to the event. You can use the communication modules of the association software to inform your audience about the event, send an e-mail or text message. In this way, you can reach the entire audience in a cost-effective and fast way.
Grants
The non-refundable support that governments or institutions provide to associations, foundations and NGOs to achieve their goals is called a grant. Since grants are sector-, settlement- or program-oriented, it is necessary to examine grant programs accurately and in detail and then apply. The program acceptance process can be as long and painful as the application process. In grant programs, issues such as the association's financial structure, number of members, and how it will use the cash support it will receive as a grant should be reported in detail. The association program can simplify this process for you. It easily handles the paperwork on your behalf, such as financial structure and member data.
Donations
Donations are an essential source of income for an association. Members or donors can provide support in any amount they want. As for fundraising methods,
1- Online Donation
If you have a website that works integrated with the association program, you can accept donations through your website from those who want to support your association's activities. It is an extremely effortless and safe process with developing technology.
2- Monthly Donation
One of the important benefits of online fundraising is to receive regular monthly donations by recording the donor's card information with his/her consent. Credit card information is recorded in the payment institution's database and each month, a withdrawal is made on the date and amount determined by the donor and transferred to the association's bank account.
3- Individual Fundraising
Make your goals so clear that your donors will be motivated enough to find their own sub-donors! Let your donors inform their own social circles about your association and mobilize their own micro-groups to donate on your behalf…
In this article, where we tried to touch on the methods that an association can apply to increase its income, we also tried to talk about the importance of the association program and association software that works integrated with your website. If you do not have detailed information about association software, we recommend that you examine the extraordinary features offered by Aidango or reach us without wasting time.