Do you need to find revenue for your nonprofit organization? This brief video outlines the six nonprofit revenue streams that fund the sector. Can you guess the top three streams that provide 75 percent of the sector’s revenue? Most people, even experts in the sector, are surprised!
If you have any advice on how to grow nonprofit resources and revenue, please leave a comment under this post to share them with others.
Why You Need a Giving Policy? How Can You Write a Good One?
Getting too many requests for donations? Failing to get intriguing applications? Here are just three, of a half dozen, reasons why a giving policy, will help you to solve these challenges and more.
The process of making a policy invites you to clarify your values without dealing with specific individuals or causes at the same time. Using the policy will improve your decision making. As you review proposals, you’ll think, “We love this, and it fits with our …
What Does Money Have to Do with Nonprofit Entrepreneurial Leadership?
Less than you think.
But, still a lot.
Money is a tool. You need money to buy resources to support and further your entrepreneurial efforts.
Creating change is not free. If you’re an entrepreneurial leader, you need more resources than leaders satisfied with the status quo.
Money is Also an Outcome of Nonprofit Entrepreneurial Leadership
Revenue growth results from entrepreneurial leadership. Sometimes your income improvement is direct: you sell a …
Do Me First! The Critical First Step in Developing an Income Strategy
Most nonprofits know where they want to go. Like New Englanders in January, everyone agrees, they want to go south in February. Likewise, your nonprofit may agree that your “south” is to improve the quality of the bay water, the readiness of children for kindergarten or the lives of people with developmental disabilities. While you may know the direction, effective planning demands that you stop and clarify the coordinates of your destination. After all, Miami, Tucson, and the Caribbean are …
Better than Discounts: How to Boost Your Nonprofit Customers into a Higher Orbit
Many of you ask me about the best ways to help your nonprofit customers. You often share that you give discounts. Discounts represent just one option of how you can support these customers. The suggestions below offer fresh ideas to supplant or enhance discounts.
Vendors that Grant. Help your nonprofit customers to access your vendors that give grants. Many law firms, CPAs, banks and others offer nonprofit grant opportunities. Since you do business with these entities, you can recommend and …