annual fund
Recurring donation drive
An annual fund is a yearly fundraising campaign, typically conducted by nonprofit organizations, schools, or universities, to raise money for ongoing operations rather than specific projects or endowments.
Unlike capital campaigns targeting buildings or major initiatives, annual fund donations support general expenses: The university's annual fund helps cover scholarships and faculty salaries.
Donors often give repeatedly, making it a reliable revenue source.
- fundraisingSoliciting money for organizations
- donationVoluntary charitable gift
- givingTransferring to another
- campaignOrganized effort toward goal
- pledgeBinding promise given
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