Nonprofit 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

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