Nonprofit financial sustainability is necessary for organizations like yours to develop lasting strategies that help you not only maintain your current standing but also grow.
CharityProud’s article on sustainability explains that economically sustainable nonprofits “operate within their financial means and use their inherent resources responsibly. Your resources include both tangible (donors, technology) and intangible (staff skillsets, community partners) things.” [...]
Have you ever heard the saying “what gets tracked, gets measured?” I like to add my own spin to and say that “what gets tracked, gets measured. What gets measured, gets results!” When nonprofits begin focusing on donor engagement, they have to take into account that their engagement plan must include gathering and tracking data, as well as how to put it to work to make educated decisions.
Before we jump into how to track engagement, let's [...]
If you are employed by a relatively new nonprofit that has grown steadily since its founding, congratulations: you are on the path to success. You established your board, vision and mission statements, engaged an initial group of donors, hired your core staff and created community impact through your programming. What’s the next step? In a word: VOLUNTEERS.
Besides financial contributions, the gifts of time and talent are the most important donations that supporters can make to your [...]
Let’s face it. Sometimes whether we want to or not, life forces us to delegate. It may be incredibly hard to relinquish control—you want everything to be said and done in the professional and timely manner that you would bring to the table. By using fundraising committees you may be able to free up some of the precious hours of your day as a fundraiser by letting super-passionate volunteers do the outreach for you.Building your committee.
Committees can be a great way to br [...]
Sometimes I’ll hold my breath before I, almost apologetically, admit that I am…a millennial. (Gasp!) And if there’s one consistent annoyance I hear sitting in on countless conference sessions about how to deal with my generation, it’s that we’re not loyal to our employers and bounce from job to job like we’re at one of those indoor trampoline parks.
Some will say—“it’s not their fault! It’s the society they were raised in! They t [...]
Sometimes, fundraising feels like trying to carry water in a leaky bucket. Donor retention remains at about 60 percent and there are high rates of employee turnover at many nonprofit organizations. The push to fundraise from a donor-centric perspective has proven beneficial but in order to raise more money in support of the mission, keep our donors and employees and create meaningful change we need to take our approach a step further. Nonprofits must be sustainable.
A good fundraiser recog [...]