How to raise fund as a diaspora organization?
Governmental institutions (national ministries, regional governments, municipalities etc.), private foundations, intergovernmental organizations, international organizations (IOs), international non-governmental organizations (INGOs), development agencies, embassies and consulates of foreign countries as well as corporations in the private sector are some of the traditional donors through which diaspora organizations can obtain financial support from.
However, overreliance or dependence on a single source of funding may jeopardize the long-term sustainability of organizations in the case of donor withdrawal. The financial vulnerability of many diaspora organizations, particularly that of those small-scale which operate with project-based funding, calls for an incentive to explore new methods and innovative approaches to fundraising, such as crowdfunding campaigns or engaging in commercial activities.
Through the DRC Fundraising Toolkit for Diaspora Organizations, you can familiarize with yourself with a diverse range of funding sources and receive guidance on how to establish successful fundraising mechanisms and access opportunities for diversifying sources of financing. The toolkit contains three sections:
- Overview of the funding landscape for diaspora organizations
- Step-by-step in developing a fundraising strategy
- Online crowdfunding method
Apart from concluding recommendations, this toolkit also provide lists of links to useful online platforms, funding opportunities (both public and private) across the world, and a template for donor profiling.
Download the toolkit today by clicking "APPLY HERE" and let it boost your organization's fundraising endeavor!