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I recently implemented a Paypal Community Pool into one of the communities I run which is 100% donating driven.   I have to tell you that it has been quite successful so far and we are collectively able to pay for a few months into the future..  If you have a paypal account, it takes about 5 minutes to set it up.   

After setting it up, simply create a broadcast email to all of your members and let them know what you are pooling money for and include the link.  I also shortened the link so that I could track how many clicked but didn't contribute so that I can modify my message the next time I remind them.  Also remember to add a button to your sidebar or footer for members to make a contribution on the fly.

BONUS TIP FOR ADDING THE BUTTON:
When you add your link, add class="button" to the code like so:

<p><a class="button" href="http://yourpoolurl" target="_blank">Donate to Community Pool</a></p>

A couple of features that I especially like about this:

Contributors can leave a comment with their donating....great for community and for thanking contributors

You can upload a cover photo to your pool.

Members feel secure about making a donation

One Drawback:

Contributors can only use Paypal and so those who need to use a credit card will still need to use another method.  If you have trouble with this one ask and i have some other solutions for that.

More Information About Community Pools

Let me know if you have any questions or need help with any aspect of your Ning Community..  happy to help!

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