“Not for profit, not for loss.” That could be the logo subtitle for most of the successful nonprofit organizations still standing after the punishing funding environment of the past few years. It has given new meaning to the importance of building a strong donor base...
Q: What is an acceptable ratio of pledges paid to pledges promised? A: The only good answer is: better than last year. There is no rule of thumb here, because the right metric depends on your history, your donor base, how passionate they are about your mission,...
Q: When we add hard costs and soft costs (staff time) some of our special events don’t make money at all. Do you think we should cancel them? A: That really depends on two things: what your development staff would do with that freed up time, and how important those...
Q: We’ve been told fund raising starts with planning. We don’t have a strategic plan. How can we get started planning for our fund raising needs? A: No strategic plan doesn’t mean you don’t plan. It just likely means you don’t look very far into the future....
That’s the official title of the audio conference I told you about last week. Three very strong experts on raising money for nonprofit organizations will be on the panel with me to talk about getting more support from the businesses that support your mission and...
