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 …
An email began: A chapter of Catholic Charities is set up as a single-member corporation, that member being the diocese as represented by the bishop. The board is convinced that they are really just an advisory board and have no right, authority, or need to question the actions or expenditures of the CEO, and are …
You may be an experienced, knowledgeable development professional, and you may know/discover what is it that a (prospective) client needs, but a basic concept of the consulting business is that you can only sell a nonprofit what it wants to buy. The larger the NPO, (usually) the better they understand the elements of the development …
That was a question that recently found my email inbox, along with the explanation that one of those organizations has a medical focus, the other is in the arts. My immediate thought/response was, simply, “Yes.” You just have to be sure that both organizations have a signed agreement as to how the expenses will be …
It may get old, hearing the same thing over and over again, but it’s still worth starting a posting with a reminder that “Development” is about relationship building … with the intent that the relationships that are built will result in (financial) support for the nonprofit organization. Development Communications function in helping to build those …
There is an old saying in the development field, that a person soliciting a major gift can only ask for a gift equal to or less than the gift he/she has made … with three exceptions: a person of the clergy, a prominent community figure/politician and a nonprofit Executive Director (or whatever the title held …
First, going back to the definition of “development,” it is the creation, nurturing, and maintaining relationships that (ideally) engender charitable contributions. If that is a Development Officer’s basic role, how does that apply to the various roles that they play ?? So, let’s start with the Development Officers who function in a limited arena – …
Note, I used the term “fundraisers” in the title, not Development Officers. It is an important distinction. Maybe, also, the title should be “Why Fundraisers Shouldn’t Be Staff Members.” Development officers plan/design and evaluate development programs. They work with board members and volunteers to identify potential donors. They work to develop plans for the cultivation …