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Fund Accounting Fundamentals: Bottom Line for Fulfilling Nonprofit Missions

What sets nonprofit organizations apart from for-profit businesses? The answer is simple. Each has its own criteria for financial success.

For-profit organizations focus on profitability, whereas nonprofits use fund accounting to focus on accountability. Success for nonprofit organizations is determined by fulfilling its mission. To accomplish this, nonprofits must raise money and be accountable to funding sources.

Contrary to a for-profit, a nonprofit has two bottom lines. One is to fulfill their stated mission while the other one is having the necessary funding to support their mission.

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Choosing a Capital Campaign Consultant: 6 Expert Tips

If you’re looking to hire a capital campaign consultant, then you probably know that they can be a valuable asset to your campaign.

However, finding the right professional for your nonprofit isn’t always easy.

Picking the right consultant can be critical to your campaign’s success because they can help shape everything from your case for support to your marketing materials. Therefore, it’s important to know how to select a professional that can give you the most assistance.

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Choosing Nonprofit CRM Software (Expert Advice)

Any nonprofit who’s been through buying new CRM software can attest to the fact that it can be a long and overwhelming process. With so many choices and features to consider, finding the right software for your organization can feel like searching for a needle in a haystack.

But finding software that’s an excellent fit couldn’t be more important. With the wealth of benefits that CRM software affords, you can streamline your operations, better identify and cultivate prospects, and practice more successful fundraising all around.

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Picking a Fundraising Consultant for Major Gift Fundraising

If you’ve decided to go with a fundraising consulting firm to improve your major gift fundraising, that’s great news! They can give you assistance so that you don’t have to hire someone full-time or do the research yourself.

Since every consulting firm works differently, finding the right one for your nonprofit will involve a lot of research. You’ll also need to have a good understanding of what you want.

Luckily, finding the right consultant isn’t as hard as it sounds. We’ll go over six tips to help you find the right nonprofit consulting firm for your needs.

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From Call Reluctance to Call Enthusiasm: A 7-Step Approach

Prospect research is useless if nobody makes the call.

Development professionals have it so easy in the twenty-first century! Or so you’d think. They’ve got access to technology nobody even dreamed of last century, like social media, specialized donor-management platforms, and the coolest, most insightful prospect research services ever.

In spite of it all, the industry still suffers from a lack of productivity. In fact, Bristol Strategy Group’s long-term study of fundraising productivity, the Leaky Bucket Assessment for Effective Fundraising, with over 1,000 responses from every size of organization, sector, and continent on the planet, shows a median score of somewhere around C minus-D plus.

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3 Peer-to-Peer Giving Tips (Plus 2 Ways to Maximize Donations!)

You may have heard that peer-to-peer fundraising is one of the best ways for nonprofits to:

  • Raise more money.
  • Acquire more donors.
  • Strengthen existing supporter relationships.

The rumors are true! Peer-to-peer fundraising is one of the most cost-effective ways to raise money from your supporters while involving them in the fundraising process.

We’re going to take you through the top three tips for peer-to-peer giving and offer two additional ways that you can maximize donations.

  1. Start planning early.
  2. Prepare your fundraisers.
  3. Follow-up with supporters and donors.

Click here to check out the two ways you can maximize donations during your peer-to-peer campaign.

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Fundraising Compliance & Building Meaningful Relationships

You’ve mapped out an online strategy that engages donors and makes the most of your relationships, boosting annual giving and catalyzing major gifts. Your cultivation efforts are honed in on capturing the hearts, minds, and giving spirits of your donors so that they not only invest in your annual fund, but also make a multi-year commitment to your capital campaign. You’re talking about your mission, building on the clarity of your vision, and launching cost-effective strategies for making all of this happen online.

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Tips to Make Your Year-End Appeals More Appealing

This post is brought to us by Victoria Dietz, Vice President of The Curtis Group. Learn more about The Curtis Group at the close of this article. 

As you probably know, 40% of giving occurs in the last four months of the year. Of course, December remains the prime time for when those gifts are actually made.

Does your fundraising plan include month-by-month steps for year-end giving? If you haven’t already started your year-end campaign, you’re behind. But if you act quickly, there’s still time to bring in some sizable donations. Ideally, your year-end fundraising will follow this timeline:

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