Fundraising Business

Fundraising Business Success Stories [2024]

Pat Walls

•

Updated: October 10th, 2024

Hosting charitable events and navigating donations comes with incredible potential. A fundraising business focuses on organizing campaigns and events to gather financial support for causes or organizations in need.

Your primary role involves collaborating with nonprofits, schools, or other groups to design and execute effective fundraising strategies. You'll need to be adept at engaging potential donors and sponsors, devising innovative campaigns, and managing the contributions received.

While the work can be demanding, it offers a fulfilling opportunity to facilitate meaningful change. You’ll tackle tasks such as event planning, marketing, and communication, ensuring that every campaign reaches its full potential. This business not only requires a knack for logistics but also a genuine commitment to the causes you're championing.

If you are driven by the desire to make a tangible difference, starting a fundraising business could be the path worth exploring.

In this list, you'll find real-world fundraising business success stories and very profitable examples of starting a fundraising business that makes money.

1. ConnectionPoint ($1.8M/year)

Daryl Hatton, the founder of ConnectionPoint, came up with the idea for his crowdfunding-as-a-service platform, FundRazr, while coaching his son's lacrosse team and struggling to get players to attend practice. He wondered if he could use Facebook to get them to pay their registration fees, which led to the core idea of using social media to facilitate funding for important projects. After investing a quarter of a million dollars and navigating some challenges with changes to Facebook's API, Hatton successfully launched FundRazr in 2009 and has since helped almost 200,000 projects raise over $200 million.

How much money it makes: $1.8M/year
How much did it cost to start: $600K
How many people on the team: 20

How I Started A Crowdfunding-As-A-Service Platform That Helped 200K Projects Raise Over $200M

ConnectionPoint's founder and CEO, Daryl Hatton, shares his experience of launching an enterprise-class crowdfunding-as-a-service platform that has helped almost 200,000 projects in 40+ countries raise over $200 million, and offers valuable insights on taking a focused approach to growth and pivoting the business to solve customer problems.

Read this case study

Read by 6,452 founders