Project Description

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Scope of the Project: 

1. Objective:
- Develop a comprehensive fundraising plan to achieve specific monetary goals within a set timeframe for a charity.

2. Target Audience:
- Identify potential donors including individuals, corporations, philanthropic foundations, and community organizations.

3. Fundraising Goals:
- Define both short-term and long-term fundraising targets.
- Specify the financial goals required for operational costs, specific programs, and emergency funds.

4. Strategies and Donor Management:
- Identify various fundraising methods like events, online campaigns, social media outreach, and grant applications.
- Craft a compelling narrative that explains the charity’s mission, vision, and needs.
- Develop strategies for donor acquisition, retention, and engagement.

Approach for the Project:

1. Initial Research:
- Conduct a SWOT analysis to understand the strengths, weaknesses, opportunities, and threats.
- Analyze past fundraising activities and outcomes.

2. Strategy Development:
- Develop a strategy draft from your research
- Tailor strategies to different segments of the target audience.
- Specify the type of funding sources, the amount you want to raise
- Outline a story that highlights what makes the organization special and why people would want to donate money to them.

3. Validate and Refine The Strategy:
- Develop a detailed action plan specifying tasks, responsibilities, and timelines.

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What you need to submit

For Phase One, you must create an A3, PDF poster to outline your idea or project. This poster should include the following information: 

• What is the problem statement
• What the idea is
• How does it solve the problem outlined in the problem statement
• How scalable is it
• What resources and timeline do you need for your idea
• How is your idea different from other solutions

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Deliverables

Judging Criteria

• Creativity: How creative is your proposal?
• Impact of the project: How many people can benefit from your proposal?
• Feasibility: Is it an idea that could replicated in real-world conditions?

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