Tag Archives: nonprofit fundraising

Old school fundraising

Online giving, viral campaigns, large grants from foundations, funding from government agencies. These are some of the popular revenue streams for nonprofits. Those with earned revenue also secure funds from tuition, fees, sales, leases, rentals, licenses and other sources. All sources provide the money needed to make the missions of nonprofits come to life. There is also another important revenue source: “old school fundraising” or “passing the hat.” Old school fundraising is all about reaching into your pocket – and into your community – to collect money to give to a nonprofit you believe in. It is the process of rubbing nickels together to make magic. It means looking to your neighbors and friends and asking, asking, asking. Not for $1 million but for $10 and $20. Depending on your […]

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If you can’t raise it, save it

If you can’t raise it, save it

We recently heard the phrase “small up.” It means to look wisely at your resources and find ways to live with less while retaining your focus on what’s important. While the phrase is being used within the context of personal finance, it is one that can have value to a nonprofit. Fundraising often focuses on securing the funds needed to operate a nonprofit. Another aspect of fundraising is securing in-kind gifts and services. This means asking individuals, organizations and businesses to donate those things you would ordinarily have to purchase. This can reduce operating costs, and fundraising needs. You can also look at these gifts as expanding the impact of your fundraising: you can dedicate a larger percentage of funds raised to service, advocacy, performances or classes. If you are […]

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What the CFRE??##!!?

Special note for Mid-South readers: CFRE Review Course will be held Saturday September 9th In the nonprofit world money is almost always an issue. Where will it come from? When will it arrive? Is it restricted or unrestricted? These questions are accompanied by others such as “how are we implementing our fund development strategy?” and “will we meet our fundraising goals?” Fund development and fundraising professionals live and breathe these questions and more. Those who have earned a CFRE credential have a wealth of knowledge and experience they can draw on when working with leadership, staff and volunteers to sustain and grow nonprofit resources. “What’s a CFRE?” you may ask. We are here to fill you in. A CFRE is a Certified Fund Raising Executive. These are individuals who are […]

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Money Is Not Enough

Money is not enough

Nonprofits play a critical role across the country. They represent, serve and advocate for a great diversity of individuals, families and causes. They are joined in this work by foundations and corporations who provide money, resources, connections and technical assistance. In many cases it is through the work of nonprofits that foundations and corporations live into their missions: nonprofits are one way that the actual work gets done. Nonprofits and funders are natural partners. Yet there is always the reality that nonprofits solicit and funders give. This is one of many dynamics involved in the solicitation and granting of funds. Other dynamics include who gets to define the impact a nonprofit makes; how many nonprofits a community needs; and the reasons behind why some organizations are funded and others aren’t. […]

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10 ways to refine your fundraising readiness in 2017

10 ways to refine your fundraising readiness in 2017

Part Two of a Two Part Series Are you ready for a successful fundraising year?  Are you already involved? Before you go full force in the marketplace – whether with cultivation or solicitation – stop and review your fundraising readiness status. Here are 10 business processes we have found impact fundraising. Take a moment to review, and consider scheduling a staff meeting to discuss. 1 – Customer service. Do we have a system in place that provides donors with the information or interaction they requested? Have we created a culture that ensures people who interact with our organization leave feeling informed and good about giving? 2 – Recognition and acknowledgement. Do we have a donor recognition program that seeks to make our donors and volunteers feel special and appreciated? Have […]

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The FUNdraising Doctor is in - 2

The FUNdraising Doctor is in! Part Two

Part Two of a Two Part Series The financial health of an organization is often attributed to the board of directors. The composition of the board, its actions, the level of giving, and the recognition of individual members all impact financial health. Part one of this series provided information on nine symptoms of board health. This article discusses eight symptoms of compromised health. Use the following list to see if your board needs to improve its health. Community members and stakeholders cannot identify the organization’s leadership. When individuals, foundations and granting agencies consider making a gift they often look at the board to see if it represents the constituency served; and if it includes local or national leadership, thought-leaders and individuals of financial means. Some donors look at the board […]

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The FUNdraising Doctor is in!

The FUNdraising Doctor is in!

Part One of a Two Part Series The board of directors of an organization is responsible for its financial health. What does this mean? How do you measure the fundraising health of the board? We at Saad&Shaw suggest a visit to the FUNdraising doctor. A check-up may be in order. Below you will find symptoms of board health. Use these to evaluate the health of the boards you are involved with. Join with your fellow board members to evaluate how healthy you are as a group. If you need to improve your health, you can. The following are symptoms of FUNdraising health Board members represent a diverse cross section of individuals with power, wealth and influence. The participation of people who can make a difference in the financial health of […]

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Donor Retention and Attrition: How effective is your fundraising?

We know you want to meet your fundraising goals. We also know some readers may be anxious wondering, “how will the calendar year end? Will we be in the red or in the black come December 31st?” While we don’t have a magic wand we do want to suggest two aspects of fundraising management you should keep an eye on. Donor retention. In 2015 the donor retention rate was 46%. This means that 46 percent of those who made a gift in 2014 made a gift in 2015. Using these numbers, if you had 1,000 donors last year, you may end up with 460 this year if you don’t take proactive measures. Related to this, for every 100 new and previously lapsed donors who gave, 96 donors were lost through […]

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Avoid the special event pitfalls!

Avoid the special event pitfalls!

Many nonprofit organizations and institutions rely on revenue from special events. If you check any calendar of events you will find many to choose from: 5k and 10k runs and walks; galas with dinner, dancing and awards; concerts; luncheons with nationally recognized speakers. With strong competition for the philanthropic dollar we want to help you make sure your event is on track for success. Here are five objectives for your consideration. Your event should create awareness for your organization; serve as an avenue for involvement; expand your donor base; create excitement and “buzz” for your nonprofit; and last but not least, it should generate in-kind services and financial support. If you focus on these during the planning process you can improve your outcomes – and net revenue. We want to […]

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Ingredients of a quality meeting

Ingredients of a Quality Meeting

We recently received a request from a reader wanting to know how to get the most impact from meetings with her supervisor. “Each week, I am given full responsibility for what is discussed. It is the one opportunity where I have my supervisor’s undivided attention and think I should be more strategic in our discussion.” We are glad you asked, here are our suggestions. In advance, know how much time is allocated to the meeting. Ask if anyone else will be attending. If you think someone else should participate, make the suggestion. Most importantly craft a draft agenda and send it to your supervisor in advance. Here are suggestions for your agenda. Highlights of your last meeting including status of action items. A progress report summarizing your accomplishments for the […]

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