Understanding the 80/20 Rule in Fundraising: Maximizing Your Charity Efforts
The 80/20 rule, or Pareto principle, is a fundraising strategy suggesting that 80% of results come from 20% of efforts. Applying this concept in fundraising can lead to more efficient and effective charity events. By focusing on the top contributors and high-impact actions, organizations can maximize donations and community impact. This article explores practical tips and strategies to implement this rule successfully in fundraising initiatives.