One of the advantages of online fundraising and marketing is that the data entry is outsourced to the donor. It’s also one of the disadvantages! When a donor writes a check and mails it to you, you have to pay someone (at your organization, or at a service bureau) to open the envelope, deposit the …
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 …
To stand, to be effective over the long term, a major gifts program needs all three legs: Leaders, Prospects and Involvement of both in the life of your organization. Leadership includes the organization’s CEO, Trustees and (often) key volunteers. It’s their role to define the funding need, take their case to the public, and identify, …
Choosing Your Leadership Development Team: The CFC It’s almost spring, and now’s the time to start planning your non-profit’s CFC campaign for the 2012 campaign season. The best-selling author, Jim Collins, who wrote Good to Great, has five key principles for organizational success; and, in his own words, the single most important principle is to …
Why Not Work on Percentage, Bonus or Commission? I have long and unyieldingly stood against any form of contingent-pay in the non-profit sector — having an organization’s staff development officer working for compensation based on a percentage of funds raised, a bonus, or a commission. Such arrangements, and any variations, are denounced by major “for-the-profession” …
Grant Reports Aren’t Always Required, But They’re (Almost) Always A Good Idea !! Not sure about you, but the dog eating my homework excuse never worked for me. And not turning in a grant report to a funder who requires one is not going to work either. At best, you’ll be given an extension for …
And Some Questions in Response: We are a small 501(c)(3) arts organization with an annual budget of about $25,000 in a small community of about 4,000. We are looking at mounting a capital campaign to buy a building and make it a community arts center. Most buildings of the needed size are selling for $100,000 …
One of the most precious commodities in any government grant proposal effort is the amount of time you have to conceptualize, develop, produce, and deliver your proposal. For many nonprofit organizations, time slips away too easily. Phases of Grant Proposal Development There is a good four-phase rule-of-thumb that can be applied to grants, each phase …
