fun: amusement, enjoyment or pleasure.

fundraising: an event undertaken to get money for a particular activity, such as equipment for extracurricular sports programs, or to defray laboratory costs (salaries) for research of a cure for a particular disease.

e.g. This year's fundraiser will be a walk-a-thon.

fun-raising: an amusing, enjoyable, or pleasurable event undertaken to get money for a particular activity, such as equipment for extracurricular sports programs, or to defray laboratory costs (salaries) for research of a cure for a particular disease.
Let's go to a supermarket and buy some packages of Nestle Baby Ruth fun size candy bars, so that we might go do some "fun-raising!"
by Pseudonymthewild@gmail.com December 26, 2012
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