Proactive Approaches to Tough Times - Recessions, Sequestrations, or Organizational Changes

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The sequestration is but one financial crisis that has and will continue to impact the non-profit world. From the recession to the sequester and even staff turnover can negatively impact your revenue. …

The sequestration is but one financial crisis that has and will continue to impact the non-profit world. From the recession to the sequester and even staff turnover can negatively impact your revenue. Using proactive practices is a sure fire way to be ahead of the curve for any financial crisis your organization will endure. We'll discuss tactics and approaches to diversify your organization's funding streams to help reduce any funding crisis now and in the future.

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  • 1. Proactive Approaches to Tough Times – Recessions, Sequestrations, or Organizational Changes Margaux Pagán April 10, 2013 Twitter Hashtag - #npwebA Service Of: Sponsored by:
  • 2. How This Webinar Works • A link to the slides/materials will be sent in an email after the webinar • If you’d like to ask a question during the webinar, you can type it in the question box of your control panel on the right side of your screen • Chat with us on twitter using the hashtag - #npwebA Service Of: Sponsored by:
  • 3. Proactive Approaches to Tough Times – Recessions, Sequestrations, or Organizational Changes Margaux Pagán April 10, 2013 Twitter Hashtag - #npwebA Service Of: Sponsored by:
  • 4. INTEGRATED PLANNING Advising nonprofits in: www.synthesispartnership.com • Strategy • Planning (617) 969-1881 • Organizational Development info@synthesispartnership.comA Service Of: Sponsored by:
  • 5. Affordable collaborative data management in the cloud.A Service Of: Sponsored by:
  • 6. Today’s Speaker Margaux Pagán Director of Strategic Fundraising DonorFuseAssisting with chat questions: Founding Director of Nonprofit Webinars and Host:Jamie Maloney, Nonprofit Webinars Sam Frank, Synthesis Partnership A Service Of: Sponsored by:
  • 7. Proactive Approaches to Tough TimesMargaux PagánDirector of Strategic InitiativesApril 10, 2013
  • 8. What We’ll Cover Today• 20 Years of Economic Impact to Nonprofits• How Fundraising Has Changed• Tactics to Diversify Funding Streams• Creating Innovative Boards• Bringing Efficiency Through Technology
  • 9. 20 Years of Facing Tough Times
  • 10. Fundraising – Myth or Fact?• Fundraising is a mysterious process that only a very few people know how to do.• Fundraising is only impacted by the organization’s ability to ask for funding.• If you build it, they will come.• Government, Corporations and Foundations give most of the money.
  • 11. POLL: The highest percentage of giving isgenerated from __________?CorporationsFoundationsIndividualsBequests
  • 12. Charitable Giving Today Foundations, 14% Bequests, 8% Corporations, 5% Individuals, 73%Source: Giving USA 2012: The Annual Report on Philanthropy for the year 2011
  • 13. Revenue Dependency Our heavy reliance on Gov’t Grants government andfoundational funding can Bequests Foundations hinder organizational growth. Diversifying revenuestreams will sustain your Partnerships Corporations organization into the future. Individuals
  • 14. What We Can Do Now…For Later Funding Diversification Board Re-Shifting Multi-Channel Fundraising Technology Investments Impact/Social InvestmentsSource: http://www.copleyraff.com/media/files/2013%20CRI%20trends%20to%20watch.pdf
  • 15. BENEFITS of Diversifying FundingReduce the dependency on a few funding sources – create low financial risk before, during, and after tough timesLearn how to communicate your mission to the masses rather than only a segmented groupBroaden and spread your missionIncrease overall revenue!!
  • 16. Diversifying Your BoardBoard Types Executive Associate Advisory Committees Non-profits today are varying their definitions of the responsibilities of these types of boards. Recruit progressively minded members of your board to initiate innovative moves to uplift the organization.
  • 17. INVESTING in TechnologyWhether we like it or not…technologyadvancements are a necessity to our survival.Push the Agenda! Determine which technologies you need and don’t Allot adequate funding for your needs Dedicate time for researching available grant opportunities to support the needs Allocate the necessary resources to implement & sustain Align board and staff for full involvement
  • 18. Multi-Channel Fundraising Online Direct Mail Email Social Media Telemarketing
  • 19. Social Impact InvestmentsWhat is it?Actively placing capital in businesses andfunds that generate social and/orenvironmental good and at least returnnominal principal to the investorHow it can help… Growing interest among capital providers Greater recognition of the need for effective solutions to social and environmental challenges A steady track record with early successes A flock of talent
  • 20. The Proactive AdvantageEXPLORE!Finding YOUR right mix will take duediligence. Through a comprehensiveanalysis of your existing structures – bothprograms/assets and technologies willbring your most optimal opportunitiesforward.
  • 21. Questions & Answers
  • 22. RESOURCESDownload “Investing for Social & Environmental Impact:http://www.impactalliance.org/ev_en.php?ID=47296_201&ID2=DO_TOPICDownload Nonprofit Technology Network’s “2011 Tech Staffing & Investments Report”http://www.nten.org/research/download_it_staffing_2011Additional Inquiries:info@donorfuse.comwww.donorfuse.com
  • 23. Find listings for our current season of webinars and register at: NonprofitWebinars.comA Service Of: Sponsored by: