Management Features

Management Features (323)

Boost Year-end Fundraising

The end of the year, which is the most important time for fundraising, is finally here, and it is about time you begin thinking of how you can make the most out of this season. Whether you have been trying hard to come up with strategies that will assure you success during this season or you are currently putting together a quick campaign to boost the amount of money you get, the goal is always the same- to get the best out of season and attract as many donors as possible, mainly the new ones and their donations before the year comes to an end. Here are a few ways you should adopt to boost your year-end fundraising and get more donors and donations to fund your cause.

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Understand These Issues before Your Next Fundraising Event

Getting a fundraising event right can get you and your nonprofit a lot of money to fund a specific cause and build an excellent relationship with the donor. In contrast, a poor event can cost your nonprofit money and deny opportunities and donors who would be willing to give for a specific course. Here are some mistakes that many nonprofits make that you should avoid in your fundraising event.

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Address These Fundraising Challenges

The past few decades have been difficult for nonprofits and charities. With the demand for charity now rising more than ever before, the already strained budgets are facing immense pressure. One of the biggest challenges to nonprofits is the changes that take place in the nonprofit environment, such as taxation regimes. Public trust is also reducing, and it is now time for nonprofit leaders to innovate to ensure that they protect their mission and offer services regardless of the changes in the environment.

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What is Your Nonprofit's Funding Model?

Money is a crucial necessity that keeps any nonprofit in operation. It is for this reason that this is the leading topic of conversation among professionals in this sector. Among the key points of discussion is where money can be obtained for, why there is less money and how much money is needed to fund a particular cause.  These questions become even louder in tough times like we are today. The answers to these questions cannot be obtained easily. As a nonprofit leader, here are some nonprofit funding models that you need to acquaint yourself with to maneuver the ever-dynamic charity landscape.

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Don't Struggle With These Issues - Resolve Them

From poor fundraising strategy to bad causes and initiatives, nonprofits always face numerous challenges in the modern world where running a successful charity requires concrete strategy and aggressiveness. Despite many successes that you might encounter in the beginning as a nonprofit leader, the road might not always look as easy as it might appear at the start. While you might have the money to fund your project in the beginning, expansion will lead to many other financial challenges that can affect your operations. Here are issues that you must resolve to keep your nonprofit going.

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Finance Tech Helping Communities Impacted by COVID-19

The coronavirus pandemic hit rural communities hard, and the number of confirmed cases in those regions are rising steadily. Though there are benefits to living in a less populous area during a pandemic, there are several unique challenges: economic and financial vulnerability, limited resources, and most people living in rural communities are blue collar workers and likely lost their jobs at the onset of the shutdown or are risking their lives to go to work every day.

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The Most Generous Companies and Individuals

Donations are incredibly valuable to charities, and giving to charity is part of the missions of some of the biggest companies and CEOs around the world. We’ve taken a look at the several data sets on charitable companies, philanthropists and individuals around the world to find out who is the most generous when it comes to sharing their profit or wealth with others.

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Raise Funds for Your Nonprofit by NOT Doing These Things

From the success and failures of nonprofits, it has become clear that successful fundraising is both an art and science. It requires a lot of hard work and dedication and the ability to read the changes in the environment for the right fundraising programs to be developed. While these are the most critical aspects that are needed for a nonprofit to survive, you have to know the dos and the don’ts if you are to survive the fast-changing nonprofit environment. However, the most crucial part is to identify the things that you should avoid for you to succeed.

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Are You Addressing These Nonprofit Management Issues?

Nonprofit organizations are facing many challenges now than ever before. Some of the challenges that they encounter are associated with the changing nonprofit environment and regulations. However, the most notable issue involves failure to execute five areas of great importance properly. These areas are mission focus, succession planning, nonprofit board of governance, development, measurement of performance, and raising funds. These are the areas that successful nonprofits have mastered well, but those who fail, on the contrary, have failed to crack, leading to perennial issues in their organizations, that in the end bring them down.

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Cryptocurrency Marks a New Path for Nonprofits

The digital revolution is making its way into nonprofits and is inspiring charitable giving. All this began in the past decade, that saw diverse giving channels and donation options that were guided by technology. According to a report by Blackbaud, online giving has increased from 6.4% of all giving back in 2013 to 8.5% in 2018. Among online giving methods that have been adopted widely by nonprofits are cryptocurrencies. Hundreds of millions of dollars in cryptocurrency have been donated to many nonprofits. This includes the notable ones such as Fidelity Charitable and Wild Life Fund, that received $100 million and $4 million in cryptocurrencies respectively.

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