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A budget is more than just a financial document. It’s a reflection of your mission, vision, and goals. It helps you allocate your resources, measure your impact, and communicate your value to your stakeholders. Creating a budget is not a one-time event. It has a dynamic lifecycle that involves constant monitoring, evaluation, and adjustment. Because…
Do you remember that huge wooden horse that the Greeks left outside the gates of Troy during the Trojan War? If not, here’s a refresher: The Greeks and the Trojans were fighting a bitter war. The Greeks pretended to withdraw and sail away from Troy, leaving an enormous wooden horse behind. And the Trojans, thinking…
Understanding and leveraging donor motivation drivers To effectively connect with donors and create lasting relationships, it’s essential to understand the different drivers that motivate them. These drivers can be categorized into emotional, social, psychological, and rational motivations. By recognizing the nuances of each type and tailoring your strategies accordingly, you can create deeper and more…
This is a great month to do something you’re proud of. And to support others who are showing their spirit and pride. Actually, every month is good for these things! Which, as it often does, brings me to share a bit of wisdom from the sage Seth Godin. Simple five step…
The best fundraising strategies are constantly changing, adapting to meet new patterns in giving preferences and engagement opportunities. As best practices shift, ensure that you’re following them. A stagnant fundraising strategy can cause roadblocks, such as falling behind on fundraising goals, missing key support, and even causing donor attrition. To keep up with innovative fundraising…
The average amount of money that you would have to spend, on a Heart Transplant, is INR 14,59,000. This might change depending on the hospital you choose, and how long you will have to stay in the hospital for recovery. Even if you do have health insurance, there is no guarantee that the entire amount…
The latest Giving USA annual report is out, and it’s packed with insights that can supercharge your fundraising strategy. What’s So Important About Giving USA 2024? This report is known for its reliability and respect in the philanthropic world. We like it because it offers a deep dive into charitable giving trends and giving statistics…
Volunteer grants, also known as “dollars for doers” programs, are a form of corporate giving that rewards employees’ volunteerism by providing monetary donations to the organizations they support. These programs supply an invaluable source of funding for nonprofits and schools—however, identifying, pursuing, and managing funding through the programs can be challenging without the right tools…
Over the past year, I’ve spoken with more than 100 heads of schools and industry leaders about the independent school business model. Two clear themes emerged: Everyone recognizes that we’re operating under a challenge model Every head reported that hiring and staff retention is one of the most acute challenges they’re dealing with right now…
Imagine the curtain falls on a successful performance by your theater company with record attendance. The applause ringing out around the theater is not just for the performers on the stage, but also for the behind-the-scenes heroes—your staff members—who made the show possible. For arts and culture organizations like yours, it’s essential to have a…