Management Features

Management Features (294)

What is Your Fundraising Model?

Developing a funding strategy for a nonprofit is a challenge that is sometimes hard to surmount. For a nonprofit to be successful, it must have a proper funding model that ensures it is liquid and can fund its operations, mission and vision. These models do not have to be general to be useful. A funding model is a methodological and standardized method of building a reliable revenue base to support an organization's core programs and services. Although many nonprofits seek funding from various sources, research has shown that 90 percent of the largest embraced funding models built around a single revenue source. Here are a few funding models you can consider for your nonprofit.

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The Critical Shift in Corporate Gifting

The past decade has brought on a major change with corporate gifting, how companies perceive gifts, and the types of gifts their employees, vendors and clients enjoy. The proliferation of data through social media has helped refine superior methods to approach relationship management and how corporate gifting fits into this new paradigm. Here are five things companies need to consider with corporate gifting in 2022:

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Nonprofits Need Strategic Planning

A strategic plan for a nonprofit is the formal process created by nonprofits to accomplish their goals and objectives set up at the beginning of the year. It is a guiding document that organizations use to convert their goals into actions. Accordingly, this tool helps you define where your organization intends to go and the actions that can be taken to reach the destination. While most people associate strategic planning with for-profits, nonprofits too must have a strategic plan to help them define where their organizations want to go and what they should do to achieve their mission statements. Here is the process of creating a strategic plan for your nonprofit.

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Nonprofits Are Able to Make Money

The term nonprofit makes many people assume it means “no income.” In fact, this term has often led to a stereotype of workers working for little to no compensation because of the notion that all they do is for passion for the charities, hence always struggling for cash. This myth is untrue. Many nonprofits are capable of making money, and most of them intend to do so. Money is useful in propelling an organization to greater heights. Therefore, if a nonprofit wants to grow and help other causes in society, it must find ways of getting money or generating some on its own. It is only with adequate funds that a nonprofit can effectively grow and champion its cause. However, although there are ways they can make money, they are limited in one way or another. Therefore, this article provides insight into how nonprofits can make money and the limits set on their earnings. If you are aspiring to start a charity, this article might be the right starting point for you.

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Big Ideas for Your Nonprofit Board

When starting and operating a nonprofit, a lot is at stake. As a leader of a nonprofit, the activities involve trying to raise awareness for issues that do not get the proper attention. Furthermore, any nonprofit leader has an intention to make the world better through the provision of services to people in need. An individual cannot achieve this. Rather, it requires collaboration with employees, communities and other parties whose work is to organize nonprofits and ensure they are well run.

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You Can Make a Difference

Volunteering is not just a term or a resume item that one can put on a CV- rather, it is an essential part of any functional society. While some may take nonprofits lightly, their benefits to society reach far and wide and have ripple effects that start at an individual level to the larger communities. They benefit everyone on their way and make a lasting impact, not only on an individual but on society as well.

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4 Unique Tips for Marketing Your Nonprofit

Currently, hundreds of global nonprofits are working to raise awareness about their cause and find support to change the world for the better. Even though it is great that so many organizations are trying to make the world a better place, it does not change the fact that it is more difficult than ever to stand out from the crowd.

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How nonprofits can improve IT practices through partnership — and support their mission

Solving technology shortcomings is an uphill battle — especially for nonprofit organizations (NPOs). NPOs operate within strict budget parameters. Dollars are often earmarked for specific outcomes, making it challenging to allocate funds for internal tech upgrades. In many cases, it’s also difficult for employees to prioritize technology innovation when it means leaving mission-critical work unattended.

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Watch Out for These Mistakes

Nonprofits are some of the most valuable organizations in the communities, regardless of the country. They see a need in their communities and try to solve it by creating a mission, spending time, energy and effort to ensure their mission is fulfilled. However, the level of the positive impact that a nonprofit can make is limited by how it is run. For a nonprofit to operate at the right levels, those running it need to identify the opportunities and choose to go in a direction that will reach more people. Furthermore, they must identify mistakes and address them accordingly. Here are some mistakes you need to watch out for in your nonprofit.

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It Isn't too Early to Plan for Fall Fundraising

It Isn't too Early to Plan for Fall Fundraising

It is that time of the year again when great fundraising initiatives take place. With fall here with us, it is about time you start thinking of the fundraising ideas for your organization. As the head of a nonprofit organization, this is the perfect time to cash in all the positive vibes, generosity and coziness that come with fall by organizing an event. As you plan to host events, here are some helpful tips to help you make it worthwhile.

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