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 […]
Tag Archives: philanthropy
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 […]
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 […]
Part One of a Two Part Series As 2016 came to a close there was an avalanche of well crafted requests to give to nonprofits. These came in the US mail and via email. They were on TV, radio, Facebook, Twitter… everywhere! So many were compelling. They combined emotion with […]
Creating a culture of fundraising Part two of a three-part series Fundraising is the process of attracting people and resources. Yes, it’s about raising money. But it’s also about “how” you raise money. We believe that fundraising should be infused into all aspects of an organization’s culture. It needs to […]
One of the positive attributes of who we are as Americans is our generosity. We believe in helping our fellow man. Giving is the backbone of our culture, manifesting itself in so many ways. We give our time, expertise, and skills. We share our resources and connections. We give money […]
Here’s a stereotype to bust: Philanthropy is about large gifts from the rich and the powerful who give to organizations and institutions that serve those in need. Here’s an expanded definition: philanthropy includes everyday African Americans who give freely of their treasure. So much of African American philanthropy is impactful, […]
Some nonprofits create a “boiler plate” proposal and send it out to as many foundations and corporations as possible, hoping to “get a hit.” That’s one strategy, and sometimes it is appropriate. Making small modifications to a standard proposal is efficient, particularly when seeking to secure sponsorships and smaller grants. In general, we suggest a more targeted approach.
Here are three things to consider:
- What percentage of your revenue do you project will come from foundations or corporations? We recommend building diverse revenue streams. This is important for long-term reasons such as having other revenue streams should foundation/corporation giving contract. A shorter term reason to diversify your revenue is that it signals financial health to foundations who are reviewing your proposal.
This is what we’ve heard – when a butterfly flaps its wings it can start a hurricane on the other side of the world. The idea being that a tiny movement can initiate unanticipated activities. We hope you will join us in a burgeoning butterfly movement of unintended positive consequences.
Here’s the back story. We were watching the show CBS Sunday Morning when we saw a segment of Chris Rosati of Durham North Carolina. He is living with ALS and chose – on a whim – to give two girls at a restaurant $50 each. He asked them to each do something kind for someone else. It was a no-strings gift to girls he might not ever see again. The girls gave the money to a village in Sierra Leone where they knew villagers were fighting ebola. And, they shared their experience with Rosati, who had never thought he would hear from them. He was so delighted he has announced plans to give out butterfly grants – $50 each – to kids who want to change the world. (more…)