Today I’m excited to share with you an article written specifically for The Nonprofit Collective from Clay Harmon at Aplos. If you haven’t checked out Aplos, here is a link! Fund Accounting – What is it? All nonprofits use it. Fund accounting is an accounting method nonprofit organizations use that focuses on accountability instead of profitability.
This week I’m excited to have Sean Kirby, a grant writer, here on the blog to talk to you about developing dynamic thank yous. Sean Kirby (@seanmkirby) is a grant writer and blogger who lives in Buffalo, New York. He focuses on helping nonprofits and municipalities gain funding through dedicated research and compelling copy. When he’s
Face-to-face solicitations are the most effective form of fundraising. In fact, when solicitors meet with people they know, the response rate is above 50%. That is quite high compared to other solicitation response rates such as direct mail or telephone. So. Today I want to talk about the best practices of face-to-face solicitations. I also
“The Tipping Point is that magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire. Just as a single sick person can start an epidemic of the flu, so too can a small but precisely targeted push cause a fashion trend, the popularity of a new product, or
Donor Retention Did you know that a typical charity will lose 50 percent of its cash donors between the first and second donation? Donor cultivation is too important, to expensive, and too time consuming to lose 50% of first time donors every year. In this article we will discuss the current findings of donor retention
How to Turn a Working Board Into a Fundraising Board First off, let’s define a working board and a fundraising board: A working board is common in small nonprofit organizations. The board is heavily involved in running the organization day-to-day.Working boards are not heavily involved in fundraising for the nonprofit organization. A fundraising board
Are you looking for new fundraising ideas for your nonprofit organization? Perhaps you do the same events every year and you are looking for something a little different. Maybe you are just getting started and want to find some great ideas to use for your staple events. Here is a list of 50 fundraising ideas,
It’s here! The Grant Writing Master Class is up and running! Thanks so much to everyone who has purchased their copy of the course! The course will continue to sell in the shop, so don’t worry if you weren’t able to purchase it during the pre-sale. As a conclusion to this launch, I want to
Gala Checklist A lot of planning goes into a gala, and you don’t want anything to slip through the cracks. Based on your specific gala, you will have additional or different items than what are listed on the following checklist, but here is a list to get you started! Checklist Dinner [ ] Catering for
You’ve just formed a nonprofit and now you are in a bit of a rut. You are really passionate about the cause, you filed for 501(C)(3) status, but now you aren’t really sure how to get the money to get things moving. Honestly, you might have even thought that it was going to happen naturally…
Nonprofit galas are a great annual fundraising event for every organization, but it can be a lot of work. There are so many things that your organization has to think of in order to pull off a wonderful event. In order to help, I’ve put together a bunch of questions that you will need to
Today we are going to talk about how to make a cold call. First we will discuss what a cold call is, and then we will go through tactics to make cold calling more effective. Your nonprofit organization is trying to find sponsors for their annual gala and you are asked to make some
Let’s talk about how to build an endowment fund. So, your organization has recently decided that they would love to have an endowment fund. Either you don’t want to spend quite so much time each year fundraising, or you have realized that it would be nice to have an “income” that you can count on
Telling your nonprofit’s story is key to increasing your sphere of influence. People connect with stories. People remember stories. People share stories. This is why I have been on a bit of a story kick lately, because stories are powerful. For instance, have you read The Hiding Place by Corrie Ten Boom? (If you haven’t,
Stories are important. Whether we realize it or not, our lives are driven by stories and telling stories. Think about when you go home after a long day at work. Do you tell your family and friends all of the numbers and facts that you learned about throughout the day, or do you go home telling stories?
Have you ever been confused while writing a cover letter for a grant application? Each application will have different requirements for what you might include in the cover letter, but here is an example I have made for an organization applying for overhead funds. Sample Cover Letter Date Contact Person at Foundation Foundation Name Address
Sometimes the best fundraising ideas are not the typical golf tournament or 5K run. Sometimes you can do more than raise funds, you can create an experience that people will remember. The Rummage Romp In high school we did a fundraiser that could be adapted for any cause.
We have all heard comments about nonprofit overhead… “I won’t donate to nonprofit overhead.” “Don’t donate to that charity, they have a large overhead ratio.” “They spend too much on fundraising.” “Their Executive Director gets paid too much.” “A lot of overhead means that a nonprofit organization is not helping society.” “Nonprofits should be concerned