What are these alternatives?
To help you decide which is best for you, we've developed advice that covers a range of potential funding options.
Click through the tabs above to find out more about the different sources available.
Many will often see all these methods as fundraising, some of them are better seen as raising finance.
The difference may seem like splitting hairs, but it's important when trying to work out what type of funding your organisation needs – and, importantly, how much.
Fundraising tends to refer to raising smaller amounts of money over a longer period of time. It's often for smaller projects or to supplement an annual income on a regular basis. It’s usually seen as raising regular funds to help contribute to the regular day-to-day costs of running the club or providing your activities.
Finance is often used to mean raising capital funding – significant sums of money on one-off projects that lead to a step change in the kinds of activities your club can undertake and the revenue (and impact) you can generate from them. There is potentially more time and effort involved in raising finance – but organisations can also secure more money for bigger projects.