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fundraising

noun C1 Formal

Meaning

Fundraising refers to the organized process of soliciting financial contributions from individuals, corporations, or institutions to support a specific cause, project, or organization, often involving strategic planning and communication to effectively en
💡 While "fundraising" is commonly associated with non-profit organizations, it can also apply to various sectors, including political campaigns and educational institutions; however, it is important to distinguish between different types of fundraising approaches and their respective audiences.

Example Sentences

Fundraising plays a crucial role in supporting nonprofit research projects .
The company organized a fundraising event to support new projects .
The fundraising event helped support the local community center's programs .
The fundraising event successfully gathered substantial donations for the charity .

Word in Context

The community committee gathered in the old school hall to plan a fundraising event for the town library's refurbishment . They discussed which activities would attract families and how to allocate the modest budget for advertising and equipment . Marta , who had organised similar events before , outlined a schedule and emphasised the importance of clear roles for volunteers . One challenge was securing a suitable venue at short notice , so they agreed to contact local businesses for in - kind support and small donations . To persuade residents to come , the group drafted a simple publicity plan that combined social media posts with leaflets delivered to nearby streets . On the day , the relaxed atmosphere and transparent accounting helped build trust , and the organisers felt confident they would reach their modest target .

Common Phrases

capital campaign philanthropic initiative donor engagement strategy

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