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multiple revenue streams

Mixing Business and Charity

SUSTAINABILITY. That’s been the buzzword around the nonprofit space for over a decade. Organizations everywhere are looking for ways to build-in revenue streams to supplement, or even replace, traditional donations. The reality is, no matter how appealing the idea is,…

nonprofit policies and procedures

6 Operating Policies Your Nonprofit Must Have

Whether you are talking about a commercial business or a nonprofit, every organization runs more smoothly when it has solid operating policies.  Way too often, however, these are an afterthought, and you find yourself needing to refer to a policy…

fundraising

6 Ways New Nonprofits Should NOT Raise Funds

So you want to start a new nonprofit. Great! Now how do you pay for it? Starting and operating a new organization is not easy… or cheap. And, how do you convince people to give to an organization that doesn’t…

Effective Budgeting for Nonprofits

Effective Budgeting for Nonprofits

A common mistake made by both businesses and nonprofits alike is the failure to budget income and expenses.  Far too often, it’s a see-what-comes-in mentality that rules the day, with no attempt to plan, manage, or adapt to changing financial…

Fiscal Sponsor Payment by Check

What Is a Fiscal Sponsor?

Sometimes, those operating a charitable activity do not wish to fully formalize what they’re doing into an actual 501(c)(3) nonprofit entity. The reasons for this vary, but often the services of a fiscal sponsor is needed. Properly setup, fiscal sponsorships…

How to Incorporate Planned Giving into Your Capital Campaign

How to Incorporate Planned Giving into Your Capital Campaign

The following is a guest post by Amy Einsenstein from Capital Campaign Toolkit. If your organization is heading toward a capital campaign, this might be a perfect time for you to think about establishing a planned giving program. Planned giving…

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