Practical vision on Micro fundraising, This is not a academic definition.

We are not going to discuss about Micro finance here. Just Micro fundraising. "Little drops of water makes a mighty ocean" several of you have heard this slogan in your old school days. In fact many of us are not following the same.

Micro fundraising plays a major roles in emergency times. Those who has the habit of savings are familiar with micro fundraising. Lets think about it in a practical way.

How micro fundraising can work out for NGOs ?

1. Local small donation collection with proper receipt and credits. Do not go for CHIT fund like collection. It will put you in hell on a day. Be frank to public, donor or social activists about your cause and requirement.

2. keeping Donation box in public places for a real cause. Several public places like Bus-stands, Railway stations, Petrol Bunk, Medical Shops, Pan shops, Cinema Theater shops, Tea shops, Hotels shall permit you to place your Donation Box. You cannot monitor is daily but you can get help to keep those box in such public places under some one care and open it weekly once and save it for real cause.

Collection is different from savings. Micro fundraising is COLLECT & SAVE Process. When you collect such money straight away deposit in your organization's bank account

3. Seek the help of Auditors. Because they can help you to collect such micro funds from their clients who submit income tax returns in annual basis or half yearly basis. They can suggest to donate their clients to your organization when they file tax returns, which may help them to get some exemption under section 80g.

4. Publicity for a cause in public place under a temporary umbrella will help you to get micro fundraising. During this action, you should not propaganda about any spiritual or religious based slogans. Your cause should be real social cause which should draw the attention of every one to donate even small amount.

5. Keep hoarding and banners in pubic place about your micro fundraising. Do not waste your money by giving news paper advertisements. It will not work out for micro fundraising. Only local people support will be the main role in micro fundraising.

6. Approach Government officials during month beginning towards your social cause, they can help you with small amount of donations.

7. During the process of Micro Fundraising, several may not give small amount, they may think to do big. So explain them to participate to contribute in event sponsoring for Micro fundraising. Means to print banners and bit notices which may raise more funds. to meet those expenses, request them to sponsor.

8. Contact corporate company staffs during their PAY DAY. Make a schedule and make awareness about your social cause program to them. They will help you. For this you need to seek the help of management of the corporate concern, they will suggest their employees to help you through their notice boards.

9. Some organizations are selling their own handicraft products and raising micro funds by displaying it in public stalls and market places which was manufactured by their own volunteers or beneficiaries.

So Little Drops of Water makes a mighty Ocean.

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Useful NGO Books for NGO Management

Handbook for NGOs by Nabhi Publications

NGO Handbook (In Hindi)by Nabhi

Formation and Management of NGOs: Non Governmental Organisations by Anita Abraham

Formation and Management of NGOs (Non Governmental Organisations) - Universal Publication

How to start promote and manageNGO by Xcess

Handbook for NGO's and NPO's by Taxmann Publications Private Limited

NGO & Training Centre in India by Mantri Pragada Markandeyulu

NGOs in India: The challenges of women's empowerment and accountability (Routledge Contemporary South Asia Series)

Management of NGO's by Laxmi Publications

Interesting Issues on Charitable Trusts or Institutions NGOS & NPOS a Complete Guide to Frequently Asked Questions by CA N Suresh

NGO Management: With Case Studies by Surendra Publications


Useful books for TRUST formation and Management

Formation & Management Of A Trust by Nabhi's

Formation and Management of Charitable and Religious Trust Educational and Medical Institution under Income Tax Law by Universal Law Publishing co

All About Charitable Trusts - Formation, Registration, Management & Taxation of CHARITABLE & RELIGIOUS TRUSTS (With Free CD) by CA Virendra K. Pamecha , CA Rakesh Nahar

Formation and Management of a TRUST along with Tax Planning by Nabhi Publication



Useful books for Society formation and Management

Formation and Management of Societies (Telugu) by Pendyala Satyanarayana

Formation & Managements Of A Society by Nabhi

Formation & Management of a SOCIETY by Nabhi New

Formation and Management of Societies by Y. Kameshwara Rao

Formation and Management of a Co-operative Society alongwith Multi State Co-operative societies Act & Rules by Nabhi Board Of Editors


Useful books for NGO fundraising

Funding of NGOs: How to Manage by Mahaveer & Sons

Taxation of Trusts & NGOs by Taxmann

How to Start & Promote NGOs & NPOs in India Starting, Management & Funding of NGOs /NPOs Covering Schemes of the Ministries of Government of India by Xcess Infostore Pvt. Ltd.

Nonprofit: Starting a Charity - How To Successfully Change Lives, Give Aid & Build a Community (Contribution, Not For Profit, Fundraising, Startup, Donation, Volunteering, NGO Book 1)

Fundraising: 10 Tips to Raise Money for Ngos, Small Business and Non-profits

NonProfit Crowdfunding Explained: Online Fundraising Hacks to Raise More for Your NonProfit

Fundraising Techniques and Financial Assistance to NGO by Anmol Publisher

Guide To Fundraising and Public Relations For NGOs and Non Profit Organisations by CSIM




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