April 26, 2013
Nonprofit managers who launch organizations and decision-makers who have been around for a while often struggle with the same thing: Fundraising. It's the nature of the industry that makes it hard for nonprofits to consistently gather capital. Organizations often rely on donations from businesses and individuals to stay float and continue operations, but the economy has made it difficult for nonprofits to acquire the necessary funds. Here are some tips from npENGAGE to help nonprofit managers become better at fundraising:
Take part in webinars
Nonprofit managers should always look for new ways to improve fundraising, and what better way to learn about the industry than by listening to experts in an online presentation? Webinars are a great way to expand a knowledge base, because attendees have the opportunity to see slides created by the speaker, as well as listen to their overture from the comfort of their own computer chair.
Attend networking events
Industry events are a great way to not only glean insight from experts, but also meet new people who may be interested in the organization. Nonprofit managers trying to garner funding should attend at least one local networking event or conference each quarter where they can meet new people and spread the word about the organization. Forming relationships with other leaders can be a great way to boost awareness and fundraising efforts.
Hold fundraising events
Nonprofits are often created around a cause people believe in and want to help, and the cause serves as a great opportunity for nonprofit managers to hold fundraising events. However, before creating plans for a number of different occasions, it's important for decision-makers at nonprofits to remember that less is more when planning events. Having a party, fundraiser or gala once of twice each year will be more beneficial than hosting a monthly event.
Read about the industry
Nonprofit managers can never learn enough about how these organizations work, and the more they learn about the industry, the better chance they will have to be successful. By reading at least one article, book, magazine or whitepaper about how to improve fundraising each day, decision-makers will be better equipped – and inspired – to bring more money into the organization.
The Ensight Skills Center has enjoyed working with First Nonprofit for several years. We are enrolled in their Unemployment Savings Program and although we have not required a lot of intervention, there have been a few times. I know others have dealt with the same problem of unemployment fraud over the last year and in our case, a call to First Nonprofit (they actually answer their phones) cleared up the issue. They also sent us a letter to send to all our employees telling them what they needed to do to prevent this in the future and protect themselves. What a relief! Over the years if I have questions or concerns, they are happy to listen, advise and help if they can. Another BIG advantage of using First Nonprofit is that all the money that is paid into the Unemployment Savings Program lives on my balance sheet as an asset. The money continues to be Ensight’s not the governments. First Nonprofit has certainly given me peace of mind.
Visually Impaired Preschool Services has been a client of First Non-Profit since it was first offered as a benefit of VisionServe Alliance. We completed a thorough evaluation of cash savings to our agency before taking advantage of this wonderful benefit and it has been a very wise decision. Our experience with the processes from accounting to claims have been professional, expeditious and easy.
NYCON members who use First Nonprofit’s programs enjoy enduring savings and improved efficiency. Our association knows that success, because from the beginning, we achieved the same great benefits. Great savings, seamless technology, and responsive service. NYCON highly recommends First Nonprofit’s remarkable unemployment solutions.
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Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.
Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.