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Event Planning Guide:
Fundraising is process of collecting money or other resources for a certain cause. It request individual or corporation to support a cause and donate money or resources from their charitable foundation. Usually it is a non-profit activity but it sometimes used for for-profit cause also. Most common type of fund raising we think of are school fundraising for supporting school event and health related camp like break cancer awarness cause.
Most charitable contribution are tax fee or given a special designation by IRS for tax purpose. Please check with your CPA to figure out benefits of 501(c)(3) organization status. Fraternal associations have different IRS designations. Not all organizations are able to raise funds.