Summertime is a great time for nonprofit fundraisers that sustain organizations throughout the year. Of course, this year looks a little different for a lot of folks. Rest assured, if you’re relying on a big event but don’t yet feel comfortable hosting it, you’ve got options. A lot of organizations hold auctions, which are a relatively straightforward way to fundraise. And, while the fanfare of an auctioneer is fun, it isn’t necessary for a great event.
When the economy begins to struggle or donations remain otherwise low, many nonprofits choose to work together. We’re seeing this in higher numbers now, as resources are more scarce or spread apart and the future remains somewhat uncertain. For nonprofits, who are already experts at making due with limited resources, collaboration is a natural (and helpful!) process. No matter your industry, chances are that you could benefit from some thoughtful, mutually beneficial collaboration.
For many nonprofit organizations, Covid-19 has altered the way business is done. We're living in a strange new time of generosity--folks eager to help out where they can. But, as unemployment increases and the coronavirus haze wears off as cities reopen, many nonprofits wonder if and how they’ll survive. As people return to a version of life as usual, nonprofits should plan to take an active approach to staying relevant and reminding people that the need for donations is as strong (or even stronger) than ever.
When people hear the word audit, they aren’t typically thrilled. Audits sound scary, and they can be, if you’re doing something wrong. For most of us, audits don’t pose a threat, and, while they might feel somewhat inconvenient, there are plenty of ways to prepare. For nonprofit organizations, an annual audit can be a beneficial experience that strengthens your organization. Talk the talk To get the most out of an audit, you’ll need to focus on communication throughout the year.
No matter what you call it, a gift is a gift is a gift. In the nonprofit world, there’s a lot of terminology for the same thing, though there are some differences between things that may seem the same. It can get confusing. A contribution is often called a donation, membership, gift, grant, pledge, or in-kind donation. Still, all refer to a transaction between nonprofit and donor in which the donor offers money or assets to an organization with no conditions.