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The Business Behind Fundraising

The Business Behind Fundraising

53 episodes — Page 2 of 2

S1 Ep 2Nonprofit Budget Best Practices

"Do your donors actually know that you need more money?" "Of course, Sherry. We're a nonprofit!" Well, not so fast. There are so many things that get in the way and keep donors from understanding your nonprofit's true financial need. And, sadly, it's often the things we do, say, and imply that block donors from giving their best gift to our missions. The good news? You can set up the systems and structure that attract and lead investment-level donors to give greater gifts every year. And in this episode, I'll be teaching the fundamentals that reduce the number of questions a donor has in their mind and prevent them from giving larger gifts. Tune in to learn more 🎬 watch the full episode of The Business Behind Fundraising — Funding Your Nonprofit's Strategic Plan with Sherry Quam Taylor. What You Will Discover: ✔️ Tell donors your TRUE financial need. Be honest with yourself first. Are you presenting a squeak-by budget or being upfront with what you want? One will lead to an investment-level ask and decision. ✔️ Spend equal time planning your income path AND expense projections. When you focus on both sides of the coin, you'll be able to inspire and drive your team and board beyond your annual budget. ✔️ If you dream of raising millions in a year, create a financing plan before you decide what fundraising activities you should do. Fully outline the month-to-month activities per donor segment that empower you to reach or exceed your annual target. ✔️ Events and appeals must play a specific role in your organization, but not the lead role. Are there time-intensive activities that you need to stop doing so you can start more strategic and relationship-based activities to make every second of your staff's time count? Download The Ultimate Checklist: Does your team create a fundraising plan or financing plan every year? Only one will fully fund your nonprofit https://mailchi.mp/456ca47c3b12/financingplan #nonprofits #scaling #fundraising #money #boardofdirectors

Mar 8, 202216 min

S1 Ep 1Funding Your Nonprofit's Strategic Plan

We're jumping right into the deep end for our first topic. Right now, I'm working with a client who has amazing growth dreams for their organization: 25% every year for five years. The catch? They've been in the red, struggling to start raising the type of dollars that their big ideas require. If you're stuck in a funding plateau, it's time to do something different to move past it and start raising the right money. Tune in to learn more 🎬 watch the full episode of The Business Behind Fundraising — Funding Your Nonprofit's Strategic Plan with Sherry Quam Taylor. What You Will Discover: ✔️ Irrational frugality and growth can't co-exist. And this conflicting mindset is hindering you from attracting donors who would fully fund those ideas. You're not alone, tons of other leaders have a hard time breaking out of it. ✔️ Attract flexible and unrestricted gifts. Ensure that you're leading your stakeholders to the right kind of revenue that allows you to invest in infrastructure, making your plans a reality. ✔️ Your staff can make or break your fundraising plans. Equip your staff with the skills and confidence to answer the toughest questions when having investment-level conversations. ✔️ Get to the root of your funding problems. As a leader, you may be expected to know how to bring in investment-level gifts; or, you're waiting for your board to connect you to the right network. Does your team know how to attract and solicit for major gifts? ✔️ Recognize what your strategic plan needs. Fight the fear of spending more by being honest with what it requires. Nothing should stop you from reaching that dream number. ✔️Speak the language of your donors. Entrepreneurs, business heads, community leaders - they've had their fair share of pitching investments, just like you. Win them over by getting over the fear of talking to them. Enjoyed this episode? Learn How Sherry's Client Added 7-Figures of Gen-Ops Revenue to His Bottom Line. Without adding more events, appeals, or grant applications. Download the Case Study at https://mailchi.mp/32f117c7f07a/7figures #nonprofits #scaling #fundraising

Mar 8, 202215 min

Introduction to The Business Behind Fundraising

Calling all nonprofit CEOs who are killing the game. We see you - a visionary leader, growing and scaling. You have overhauled programs, built your board, and are raising millions every year. But what's stopping you from next-level growth? The need for more money. Not just any type of money – the cash you can invest in gen-ops, overheads costs, and the infrastructure to grow even bigger. Did we get your attention? Tune in to learn more 🎬 watch the introduction episode of The Business Behind Fundraising with Sherry Quam Taylor. What You Will Discover: ✔️ Know the fundamentals behind the business of fundraising. How do we ensure that your plans allow healthy revenue generation every year? Find out how to set them up to propel your organization and help you secure larger amounts of unrestricted revenue. ✔️ Create a true financing engine that drives fundraising. Uncover the ways to finance your mission year after year. Learn to set your entire staff and up to reach and even exceed goals by aligning every hour and dollar they spend fundraising with maximum results. ✔️ Go against the growth-hindering misconceptions of transactional and traditional fundraising. Prioritize activities that attract investment-level donors, establishing them as stakeholders so you can secure their best gift every single year. Enjoyed this episode? Learn How Sherry's Client Added 7-Figures of Gen-Ops Revenue to His Bottom Line. Without adding more events, appeals, or grant applications. Download the Case Study at https://mailchi.mp/32f117c7f07a/7figures #nonprofits #scaling #fundraising

Mar 7, 20224 min