@GOODINSIGHTS

"I had a dark moment." Those five words capture the internal agony of a popular female celebrity during the COVID-19 pandemic. Adjusting to a new normal was part of her challenge, and in her turmoil, she acknowledged that she wrestled with severe anxiety.

Turning your donors into advocates is one of the key secrets to building a sustainable fundraising base. You fundraising staff brings in new potential donors, but they’ll never be able to reach everyone in your donors’ networks.

Nonprofit founders may wonder if their organization is developing the right mix of volunteers and staff members to help it grow if their organization has the right mission statement and vision, and if their organization is doing enough to fundraise. Usually, within a few months of the organization’s creation, a nonprofit founder begins to wonder, “Should we apply for some grants?”

Mergers can be used strategically by all parties not simply to grow or survive but to accomplish specific mission goals and increase impact.

Many philanthropic and nonprofit leaders agree that not all overhead spending is inherently bad. But no consensus has emerged yet around any alternatives. As a result, charities are tempted to forgo things they need, such as upgrading their computers, to look as lean as possible.

Your dependency quotient measures how much you rely on your top donors. It doesn’t sound that cool, but it’s an interesting metric! It helps you identify if you depend too heavily on your biggest donors, which is a great indicator of fundraising effectiveness and overall financial health.

“What is the biggest contributing factor to the success of a fundraising event?” And I would answer, “Managing time and focusing on a strategy plan that gives you and your team the most amount of time to properly steward and garner sponsorships.”

There are over 552,000 homeless on a given night in America. Roughly 40,000 of them are vets. Mostly single and male, according to the National Alliance to End Homelessness, 54% of them have a mental or physical disability.

These four questions will define commonly mixed-up terms in nonprofit data gathering and help you determine the best outcome measures to tell your organization’s story.

A little less than a year ago (May 2018), I wrote about a nonprofit in Qatar that had been working to empower marginalized youth and women in several Arab countries.

First, let me acknowledge that I am not an expert in this field. I read more than a dozen articles in financial and nonprofit forums and asked advice from colleagues who advise nonprofits on financial planning to gather information for this blog post.

As donations through Bitcoin and other digital currencies become more commonplace and acceptable and assuming the crypto market continues to flourish, crypto-philanthropy will indeed grow. There will also be more testing of smart contracts and Blockchain managed giving and tracking which, if successful, could establish a new norm for transparency in philanthropy.