The 5 Pillars of Fundraising at a Glance
If you're in a hurry, here is the short version. The details, initial steps, and realistic returns for each pillar follow later in the article.
- Sponsorship: Advertising in exchange for funds. Effort: high | Timeframe: medium.
- Crowdfunding: The community funds a specific project. Effort: medium | Timeframe: short.
- Donations: Financial support without expecting anything in return, often with a receipt. Effort: low | Timeframe: ongoing.
- Grants and Subsidies: Funding from government bodies, associations, or foundations. Effort: very high | Timeframe: long.
- Membership Fees and Self-Contribution: The predictable baseline pillar. Effort: low | Timeframe: ongoing.
Definition: What actually is fundraising?
Fundraising is not just a fancier term for sponsorship. The term encompasses all methods a club uses to secure financial resources. This means that fundraising includes everything from your standard membership fee to a six-week crowdfunding campaign for new training balls. Sponsorship is therefore just one of several pillars, not the whole picture.
This distinction is more than just linguistic nitpicking. Those who equate fundraising with sponsorship usually only have a single lever in their toolkit. If the main sponsor pulls out – due to a change in ownership, a downturn in business, or a disagreement on the board – the largest item on the income side is suddenly gone. Clubs that think strategically therefore build their funding on multiple pillars. If one collapses, the others continue to support the weight.
By the way: if you want a compact guide to the five pillars for your next board meeting, you’ll find our fundraising cheat sheet available as a free download at the end of this article. A single A4 page with all the essential initial steps, ready to print.