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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 …
That was the subject line in a recent email in which the writer asked: “We have a skilled fundraiser who wants to do an event for us. She is willing to do it for 10% of profits after expenses. She is passionate about our cause and has worked hard for us for a couple of …
… in the Combined Federal Campaign… is to run a stealth CFC campaign. If a nonprofit has done all the work to become admitted to the CFC, and then they keep it a secret, it shouldn’t be a “surprise” when the results are not as good as they hoped. With apologies to Jeff Foxworthy, You …
An email asked if I know of any resources for designing an “Ask Package” The writer explained: “I’ve found lots of general rules such as ‘include your mission statement’ and ‘specifically outline what their donation will cover’ but I can’t find any templates for designing one. Are there any websites you could recommend? “We’re a …
If you’ve started down the yellow brick road to nonprofit foundations funding, then get set to meet some different characters (foundations) along the way – specifically: Private, Corporate, Family, and Community Foundations. Much of the information below comes from the wizards at the MIT Office of Foundation Relations; I’ve added the bulleted items in italics. …
Not long ago, we received an email with a “programs-vs-finance” question…. “Finance is telling me that once a grant is approved it should be listed in the GL immediately because it becomes a liability not to do so. “We have always waited for the grant award letter to be returned before actually marking the grant …
Good government grant proposals tell a compelling story. To tell a compelling story you must have strong Win-Themes because they help reviewers understand why you can provide the best solution to the problem identified in the grant guidelines. When you start your proposal, first create your Win-Themes. Developing compelling win-themes for government grants proposal is …
An email raised the question as to whether “Major Gifts” should be counted in the total for the “Annual Fund.” I can’t help it. I have to say it, “I really hate the term, ‘Annual Fund.’” (See: The Annual Fund Is Obsolete.) OK, now that I’ve gotten that off my chest…. By a literal definition, …