Plan, Postpone, or Cancel: Fundraising Events & COVID-19

By Holly Wong, Holly Wong Consulting

In the midst of revenue shortages and quickly changing program demands, many nonprofits also face a challenging question: What about our fundraising event? Making event decisions is even more difficult due to the extreme uncertainty we face. We don’t know when events of any size will be deemed safe again – next month? Next year?

As organizations and leaders, we must accept the uncertainty in front of us and move forward anyways. Our job right now is to take the available information and make the best decision we can for our organizations. So let’s gather our teams (staff, board, committee) and figure it out.

Step 1: Information Gathering

Invite your committee/board/staff to discuss these questions and gather information, without attempting to make a decision yet.

 Step 2: Decision Time

 Step 3: Build a back-up plan (or several)

If you continue to plan your event for its original timing or a postponed date, come up with a solid Plan B. Focus on your top goals – what makes the event successful? What makes it special for attendees? Options:

No matter what decision you make, communication and connectedness are key right now:

I truly hope this helps. And if your organization is in financial danger due to missing one year of a fundraising event, I encourage you to put “revenue sources” on your next strategic planning agenda. Events are not the best way to raise funds and this is a good year to rebalance your fundraising focus.

 

Holly Wong’s passion is to enable & equip nonprofits to host successful events without burning out staff and board members. She has 12+ years’ experience in events, communications, and fundraising, and has managed events for 10-1,000 attendees including galas, golf tournaments, celebrity luncheons, industry conferences, board retreats, culinary competitions, team cycling events, and more. She is a member of the Nonprofit Consultants Network and the Impact Foundry, a volunteer with Yolo County CASA, and a board member at the Junior League of Sacramento. For more information, visit her website at www.hollywongconsulting.com.

The Nonprofit Consultants Network (NCN) is a collaboration of consultants who serve nonprofit organizations in the Sacramento region by convening, engaging, and inspiring them in professional development and growth. The information and opinions shared in this article do not necessarily reflect the views of NCN or its other members. You can access a directory of local consultants who are ready to support organizations during the COVID-19 crisis here.

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