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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 …
I take the strong and unwavering position that members of the board of trustees and other volunteers are the people who must raise all or most of the money for a non-profit organization. These days far too many boards and eager-to-please development professionals are starting down the slippery slope of relying on staff to be …
CFC Special Events & Resources In my July 11th post I talked about what a “culture of philanthropy” is, and the value of establishing one in your non-profit. The point is that CFC workplace giving campaigns provide many opportunities that smart non-profits can use as a “practice field” for many aspects of professional development, including …
Unlike all of the other planned giving mechanisms, a bequest program doesn’t require major technical expertise and specific financial instruments. It’s easy, it’s fast, it can pay off substantially, and the dollars from bequests comprise close to 90% of all planned gifts. Many non-profit organizations refuse to get into planned giving because of the perception …
I’m taking a hiatus from bequests to help you get IRA gifts for your year-end appeal. Passed on January 1, 2013, the American Taxpayer Relief Act of 2012 renewed charitable giving from individual retirement accounts (IRAs) for those 70-and-a-half or older. This gift opportunity ends on December 31 so the remaining months of the year …
There comes a time when some non-profit development professionals begin thinking about saying goodbye to their organizations and hello to the world of fundraising consulting. They want to know what it takes to be a consultant, and how to find clients. Although the consulting profession may seem attractive, the leap into this hazardous arena requires …
Although everyone knows that benefits are extremely important in government grant proposals for nonprofits, I am constantly astonished at how many proposals are all features and few, if any, benefits. This is a serious omission because the lack of explicit benefits almost always means that the proposal will be unpersuasive to reviewers. Everything in your …
My response to an email from an Executive Director…. You indicated that it is your “goal to eventually turn over all operations to [your VP] and assume a position as Board Chair … [so] that [you] might be able to continue to form the basic direction of the intended purpose of the organization.” Non-profit organizations …