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Strategies for Diversifying Funding

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Strategies for Diversifying Funding

  1. 1. Why? v. Why not? Where are you now? Why change? How to change?
  2. 2. Why? v. Why not? Control revenue Reduce reliance on single source Utilize resources Donor stewardship
  3. 3. What does yours look like?  Lots of government $  One large Foundation? A few good donors?
  4. 4. Giving in America Source: Giving USA http://www.aafrc.org/gusa/ways.cfm
  5. 5. Questions…….
  6. 6. Balanced Revenue Focus on individuals More control over cash flow Show donors you are committed to stewardship Offers many points of entry for donors
  7. 7. It’s a Process Commitment Plan Pro-actively seek new money
  8. 8. Commitment Board engagement Annual giving Major giving Cultivation Solicitation Time/Commitment
  9. 9. Questions…….
  10. 10. Cultivation Raise awareness Communication Events Ask
  11. 11. Solicitation Annual ask Special events One on one Ask others to help
  12. 12. Keep Trying Don’t give up Use many channels Engage in social media
  13. 13. Questions…….
  14. 14. Thank you! barbara@3talisman.com 3talisman.com Talisman Blog Making a Difference Radio @BTalisman Facebook

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