Finance/

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 …
Guidelines & Resources for Consulting Action Planning In my June 6th post, I discussed the preparation of financials for grant proposals and introduced the team members integral to this effort. This month’s post will continue with a review of budget templates, and details on what to include in budget narratives and budget justifications: Budget Templates: …
During a board meeting, many years ago, an influential and highly respected trustee declared, “What we need is more endowment. We ought to have a $20 million endowment campaign.” Being a trustee of influence and affluence, all heads nodded in agreement with him. Hearing that declaration made with no justification, and no warning, I was …
CFC Special Events & Resources There are many/various types of CFC special events that are held before and during the solicitation period of a CFC campaign. The best known are the CFC charity fairs, but other special events and resources that a CFC charity should be aware of are: Speaker’s Bureaus Loaned Executives Open Houses …
In July, I explained why bequests are the most popular planned gift. See the Planned Giving Series. This month I’m going into detail on why most bequest donors decide not to tell you that your charity is in their will. I’ve seen estimates that between two-out-of-three and seven-out-of-eight donors will keep their charitable bequests to …
…OR WHATEVER YOU WANT TO CALL IT !! Most non-profit organizations have (or surely should have), standing committees for finance, investment, marketing & PR, nominating and evaluating board members, and (where needed) building & grounds. From long experience, for some unknown-to-me reason, there is not usually a fundraising steering committee in place devoted to ensuring …
I recently finished a government grant proposal that had only a two-week deadline. Of course, it required many hours, day and night, and over the final weekend to complete. And, as you may have guessed, it was submitted at 2:00 am on Monday. It would be nice if I could take sole credit for this …
Selected Unique Factors about CFC Fundraising The CFC charity itself does not make the direct solicitation. It’s the federal CFC campaign volunteers who do this, and the ones who are making the direct solicitation are called “keyworkers.” By law, every U.S. Federal agency holds a CFC campaign each fall, including at overseas facilities. More than …