Is your organization leveraging data for high-value donor strategies to the best of its ability? Remember, in fundraising, there are few things more important than the donor pyramid, and making sure you’re donors are making their way up it.
Labor Day marked the unofficial end of summer. For nonprofits managers, it should be a reminder that to shift into high gear your year-end fundraising campaign because you’re already behind.
The credibility of the applicant is critical in winning grants. Funders must be convinced that the applicant knows what it’s doing and can deliver what it promises. “New organizations face special challenges in this area,” said Barbara Floersch, executive director of The Grantsmanship Center in Los Angeles. “But even new organizations have a history, and many have already made a difference in the community. You’ve got to make the most of what you’ve got.”
Email is not all that different than mail — and not just because of the letter “e.” But seriously, sometimes even boring or basic is better, at least when it comes to crafting your organization’s email messages.
When it comes to grants, funders are looking for organizations that can deliver what they promise. “You’ll either gain or lose credibility in every section of the proposal,” said Barbara Floersch, executive director of The Grantsmanship Center in Los Angeles. “You’ve got to prove that your organization is a serious player.”
The time to experiment or test a radically new brand is not during your nonprofit’s year-end fundraising campaign. Peter Genuardi makes the analogy to a marathon runner: On race day, you don’t try something new — whether new sneakers or a new food.
Everyone considers the traditional subjects of insurance: property damage, workplace injuries, employee dishonesty and management liability.
One type of retirement plan that is popular with many nonprofits is the 403(b) plan.
If you build it they will come — unless they don’t.
It’s OK for nonprofits to draw upon their reserves. It’s not uncommon but it’s also important for organizations to think about implementing a reserves policy long before they tap their rainy day fund.