Before you begin fundraising for your project, make sure you have a clear idea of your projected budget. Consider all of the different people that can benefit from your work, as well as the organizations that would support the goals of your vacant lot project. What is the best way to work with those people and organizations to fundraise for your vacant lot? There are four common ways that you can raise money for your project, including crowdfunding, applying for grants, and requesting donations, and getting sponsorships. For instructions and resources for each, follow the links below.
Crowdfunding: Crowdfunding is a way of raising money by collecting small amounts from many people, typically via the internet.
Grant: A grant is an amount of money given to a person or organization that does not need to be returned at any point. A grant typically requires an application and some follow-up reports.
Donation: A donation is simply an amount of money that is given in charity.
Sponsorship: Funds given to an organization or group in return for access to the commercial potential associated with that organization and/or event.