This posting is a continuation of the email exchange that began last Tuesday. “I am happy to step down and then go through the hiring process, I just don’t understand how it works. When, specifically, do I step down from the board? Is it when we have enough money to pay staff or as soon …
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 …
By now, CFC charities know the numbers and total dollar amount of the gifts pledged to them during the CFC Fall campaign. So, if you’re in the CFC, have you asked yourself if you’re satisfied with the results of your last CFC campaign? If yes, great, if no, let me share a few tips that …
The following is the first part of an email exchange with a reader: “My partner and I are creating a non-profit organization, and we will serve as Executive Director (me) and Deputy Director (my partner) as well as, of course, founders.” Executive Director and Deputy Director are titles of functioning roles. Founder is a description …
Neither of these questions is easy to answer, so I did a little research before writing this post. When I Googled “grant win rate,” I came up with a lot of grant writing consultants that advertized win rates of 75 – 95%. I also came up with a post by Jayme Sokolow, contributor on this …
Well… actually you can, if you’re asking your friends and relatives; but, if you ask foundations, corporations, major donors, or the general public, you’d likely be wasting your time and resources. Sometimes, especially with new nonprofits, people don’t realize that the mere existence of an organization is not sufficient justification to ask others for money. …
My previous posting discussed the planning and organizing processes. This time, we will address steps three and four – writing, reviewing and rewriting. Write the first draft quickly • Work from your notes and worksheet. • Write heading and subheadings first and use them as a guide. • Begin with the easiest parts of your …
Some time ago, I got a note from a reader asking, pretty much, that question: My question to you is — I have donated to a small organization, for a year, in my town to help poor children. I have never received an explanation on how the money is used. Should I expect that and …
