Blog #8: Formulate an event sponsorship program
Creating an event sponsorship program for a non-profits’ annual fundraiser event is a huge task. An annual fundraiser can raise a lot of money for a non-profit, and of course you should try to recruit as many sponsors as you can. A sponsorship program should have different levels of sponsorship. Depending how much money the sponsor donates, the sponsor receives that level of recognition at or before the event. Levels usually range from Gold (being the highest) to Silver, to Bronze, so on and so forth.
If the organization is large enough there can be national sponsors which usually consist of large companies that are willing to donate a large sum of money to the cause. National sponsors can be limited to just a few chosen companies, and those companies will in turn be a part of the marketing, promoting, and advertising for the event. Of course for a potential sponsor there must be enough value included with the marketing, and promoting of their company for them to donate to the organization.
Each company has a different outlook on what value is to them. Value could range from brand building, opportunities to sample, the audience, or media coverage. Each of these things can be included in the different levels of sponsorship.