COFFEECUP

 ADDED VALUE
  Sustainable income & innovation to get you there                        www.kedconsult.com


September 2011
Warm September Greetings! When is a gift to your organization better than cash? When it is an in-kind gift that is exactly what you would buy with the money.

 

"In-kind," one of seven nonprofit income sources, is an unexplored wonder of the nonprofit world. Some organizations, like food banks, earn tremendous in-kind gifts. Others earn tiny amounts, such as vendor discounts. Since all nonprofit income sources are vital, this month's lead article explores opportunities to earn in-kind.

 

To take advantage of this material, read and share it. Follow the links to learn more about other nonprofit income opportunities. Then, help your nonprofit even more by following the Tip of the Month dealing with grants, listening to the podcast about running great charity auctions, and reading recent blog entries on board leadership, rational fundraising and how fundraising success can ruin an organization.

  


A Gift By Another Name:   

In-kind Income     

 

Twice a year, Clothes to Kids, headquartered in Clearwater, Florida, provides thousands of low-income school-age children with five outfits. These school outfits include tops, bottoms, shoes, jackets, and accessories. Everything the children receive, except socks and underwear, is donated. Like Clothes-to-Kids, your organization may depend upon in-kind donations or it may involve only small but essential resources, like the volunteer labor of your board.

 

If you have been reading this series about nonprofit income sources, you may be surprised to find in-kind on a nonprofit income source list. After all, in-kind is not cash. Yet, its impact is huge. More importantly, looking at in-kind as a source can help your nonprofit to think differently. While money will work to solve your need, what you really need are the resources that money buys. Obtaining the right in-kind allows you to skip the cash step and obtain your need. (See the second equation below.) This article invites you to look at in-kind in fresh ways as a first step to maximizing it.


process visual in=kind   

Figure 1: Gifts of Money vs. In-kind

 

1. What is in-kind "income"?

In-kind is nonprofit jargon for gifts-in-kind. In-kind represents goods or services you receive for little or no cash. In some cases, in-kind includes resources you cannot buy, like the endorsement of a media star. All nonprofits receive this source of support, often in the form of donated goods, discounts, and services.


Read the rest of the article here ... 

 

More Funding Resources

This is the last article in this series about the seven sources of nonprofit income. Consider doubling back and re-reading the earlier issues (Added Value). Then, mix and match the sources to help your nonprofit develop its own answer to the challenge of nonprofit income sustainability.    


For more on nonprofits and funding opportunities, listen to our collection of audio downloads, especially:

Money-tastic #2: Nonprofit Income Opportunities   

Money-tastic #3: Creative Revenue Streams for Your Nonprofit.    

Both are great ways to learn new income ideas to help your nonprofit.

 



Money-Tastic Tips 
From the Grants Section      

 

# 22. Vendors Help With Grants? For possible grant sources, check your vendor's website to determine if they have a grant program for which you qualify.   

    

With our series of tips booklets Grant-tastic!, Time-tastic! (Nominated for the Terry McAdams Award,) and Money-tastic!, you can improve the the way you write grants, save time and earn more money at your nonprofit organization Order copies today.     


 

Kathy The KingDo You Like to Listen

and Learn?   

Karen Eber Davis Interviews Auction Expert Kathy Kingtson 

 

 

Can an auction help your organization to raise money? What items make the most? Learn the answer to these questions and more as Karen interviews Kathy Kingston. Kingston is a national leader in fundraising auctions, professional auctioneer and consultant. Kingston, CAI, BAS has raised millions of dollars for non-profit organizations across the country for over 24 years, specializing in benefit auctions. Kingston was the recipient of the prestigious "Rose Award" from the National Auctioneers Association.

    

 Mission Brilliant Podcasts

In This Issue 
A Gift By Another Name
Money-Tastic Tips #22 on Grants
Mission Brilliant Podcast on Charity Auctions
Blog Posts on Boards and Fundraising

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Upcoming Presentation

 

January 12

Lunch N Learn

Rollins College 

 Winter Park

     


What's New with
Advancing the Non Profit Sector
Blog? 

 

Boards - Your Chief Adminstrator Wants You to Learn and  Practice CEO Evaluation  

    

Rational Fundraising and Income     

 

Ruined By Success? The Danger of Windfalls  

 

An Open Question to Board Chairs--Do You Dare to Lead?

 

Read and comment on these posts today 


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