A needs statement is a brief summary of an organization’s most pressing needs and the reasons why they are important. It is typically included in grant proposals, fundraising appeals, and other types of requests for financial support. A strong needs statement can help convince potential donors or funders that their support is urgently needed andContinue reading “What makes a Great Needs Statement?”
Tag Archives: grant funding
5 Ways to Tell Your Nonprofit is Grant Ready
Applying for grants can be a valuable source of funding for nonprofit organizations, but it’s important to ensure that your organization is “grant ready” before embarking on the grant application process and hiring a grant writer. Here are a few key considerations to help determine whether your organization is grant ready: Strong mission and programContinue reading “5 Ways to Tell Your Nonprofit is Grant Ready”
How to Connect with Donors and Funding Partners
Building relationships with donors and funders is a crucial part of fundraising for nonprofit organizations. These relationships can provide valuable support and resources for your organization and help you achieve your mission. Here are a few tips for connecting with donors and funders: By following these tips, you can effectively connect with donors and fundersContinue reading “How to Connect with Donors and Funding Partners”
What’s a Capital Campaign?
The best thing a nonprofit can do is bring in diversified capital and donations. At the core, a capital campaign is a drawn-out extensive fundraiser. On a complex level, a capital campaign is a concerted effort to raise a substantial amount of money for a specific program in a specific time frame. They require supportContinue reading “What’s a Capital Campaign?”
The Good and Bad of Fiscal Sponsorship
Fiscal sponsorship, at its core, is when a nonprofit organization extends its tax-exempt status to select groups engaged in activities related to the organization’s mission. Most often, fiscal sponsorship is used by organizations, individuals, or collaborations who are doing charitable work but who want an alternative to becoming a 501(c)(3) organization with the IRS. InContinue reading “The Good and Bad of Fiscal Sponsorship”
How to Make Board Meetings Work
Running board meetings on a monthly basis can be at times overwhelming. However, it is a necessary and much-needed routine meeting that has to occur. Meetings, in general, can be full of pitfalls and nonproductive efforts that may lead to frustrated board members. Creating a Meeting Strategy is one way to get your board onContinue reading “How to Make Board Meetings Work”
The Importance of Building Relationships with Funders
A nonprofit organization is like any other business in that it must stay financially afloat to succeed and prosper. Nonprofit organizations are often advised to diversify their funding and make sure that it is coming from a myriad of sources like membership fees, the sale of goods and services, and donations. More often than not,Continue reading “The Importance of Building Relationships with Funders”
