Succeed in Your Nonprofit Funding Partnerships

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Succeed in Your Nonprofit Funding Partnerships

A funding partnership is about more than just raising money. It is about knowing how much to raise, when, and how. It is about making choices on which funding partnerships to pursue so that you can maximize your efforts. Fundraising is about keeping your organization in business so it can continue to make the world a better place. It is about sustaining and growing mission. In this In the Trenches manual, Joanne gives you the tools to plan a fundraising strategy that will raise the revenues your agency needs to not only survive but thrive.

Funding partnerships are about more than just raising money. It is about knowing how much to raise, when, and how. It is about making choices on which funding partnerships to pursue so that you can maximize your efforts. Fundraising is about keeping your organization in business so it can continue to make the world a better place. It is about sustaining and growing mission.

In Succeed in Your Nonprofit Funding Partnerships: Analyzing Their Costs and Benefits, Joanne Oppelt tells you how to think clearly about your organization's finances. She shows you:

  • How to create budgets that keep you in the black
  • How to know if a program is carrying its weight
  • What kind of fundraising activities to focus on, getting the most bang for your buck
  • How to make sure you can pay your bills from month to month

In this In the Trenches manual, Oppelt gives you the tools to plan a fundraising strategy that will raise the revenues your agency needs to not only survive but thrive. Fundraising is not just about raising money—it’s about what, when, and how, too. Just as important as increasing revenues is what costs you’re incurring in raising those funds, when you expect the funds to come in, and how you decide which fundraising activities to undertake.

Succeed in Your Nonprofit Funding Partnerships shows you how to calculate costs so you raise enough funds—total costs, not just direct costs. The book shows you how to calculate return on investment so you know which fundraising activities bring the greatest return on each dollar you spend. And, it shows you how to calculate profit margin so you know what percentage of revenue is costs. In addition, Oppelt shows you how to take into account the timing of when revenues come in and expenses go out so that your organization remains continuously viable.

The concepts presented here can be used daily as you set budgets, develop a calendar of events, and plan your fiscal year. Using the principles described in this book can help you build up your revenues, to exceed total costs and increase net income. You will be able to make informed decisions about competing fundraising activities and use your time to maximum benefit. You will have more complete information, which can help you make better decisions. You can make choices knowing their effects on your financial returns.

So, if you’re a development director creating next year’s fundraising plan, an executive director worried about meeting payroll, or a board member wondering if the staff is on the right track, this book is for you. You get good, solid, practical advice, clearly presented, that you can start using today.