Abstract: An exemplary embodiment of the invention relates to systems and methods for conducting online fundraising raffles. An exemplary embodiment may include a method of creating and managing online raffles, which may include, (a) receiving a request to establish a user-initiated raffle from an initiator for benefit of a beneficiary at a central controller; (b) receiving a plurality of entries from a plurality of entrants for the raffle at the controller; (c) conducting a raffle; and (d) awarding to at least one winner and at least one beneficiary upon completion of the raffle at least a portion of proceeds of the raffle.