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Financing & Loans

What Does “Six Figures” Mean & How Can You Earn It

Earning six figures refers to making between $100,000 and $999,999 annually. This income range is often seen as a milestone in financial success, symbolizing comfort and greater opportunities. For many, reaching this salary level represents financial stability, allowing for more discretionary spending, investment opportunities, and freedom to enjoy a better lifestyle. It’s frequently viewed as …
Last month I went deep into Bequest Promotion Channels. This month, Stewardship. The donor who has included your charity in their will can change their mind and undo their gift at any time. Why does that matter? It matters because you need to steward your bequest donors well, so they don’t change their minds. You …
In every fund-raising campaign, toward the end of the drive, we always must address any number of proposals and presentations which were made seeking donations, but for which we’ve still not gotten a definitive response. We were not given a “Yes,” or a “No.” Mostly we were told, “I’ll let you know,” … or something …
It’s been my honor to have served as board president of two nonprofit organizations – a synagogue and a music society. I learned a lot during my terms with these organizations, but perhaps my most important lesson was the need to acknowledge people and express my personal appreciation of them, to them. That is something …
A Guest Posting by Sue Smith An issue was raised in a listserve: “As someone more used to working with the clients, I have become more and more concerned about the exploitation of clients and ‘their stories’ as fundraising tools. I am constantly being asked to ‘provide a client or two’ who are willing to …
In a previous post, I introduced “A Four-Step Process for Effective Grantsmanship,” including: (1) prospecting for foundation funding, (2) cultivation, (3) grant proposal development, and (4) grant management and stewardship. (See Chapter Five in my ebook: Grants & Grantsmanship) So far, I’ve provided a lot of information on steps one through three, as well as …
On first reaction, you might think that title would evoke a “Ya think?” response. Not so fast. Too often, those seeking “major gifts” for those major campaigns, settle for what are really small gifts, not at all in keeping with the size and scope of the donations needed to meet those larger goals. While an …
An email raised this question: My organization is in the process of developing a Fundraising Committee. Three of our Board members are on this Committee and we are trying to determine other non-Board members who we could invite to join as well. We have one major gift donor who began to fund us at the …