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This can be a quandary or at least an ongoing topic of debate in nonprofits. Some feel asking their board members to give a specific amount and recruit a specific amount of funding from others is instrumental.
As the kids go back to school and college, we know it’s a sign that fall is approaching with welcome cooler temperatures. Labor Day weekend is next weekend and I don’t know where the summer went. Every year seems to zip by faster and faster and only the seasons remind us of what happens next…..chili, pumpkin flavored everything, football and apple picking.
Diversification on the Board of Directors is a key to the success of any nonprofit. For instance, if a board’s members look the same, are all the same age and gender, their influence on the organization’s leadership, vision, and strategic direction might be similar. Input from board members with varying backgrounds, locale, age, gender, and ethnicity creates a more nuanced vision. It’s also important for a board to look like the communities it serves.
Successful fundraising is based on five Fundraising I’s of the donor cycle: Identify, Investigate, Inform, Involve and Invest. It is important that a prospective donor be taken through the entire cycle before a solicitation is made. Sometimes we forget some of these steps and jump to “the ask” and then wonder why a prospective donor did not make a gift. Let’s take the Five I’s and discuss each one.
Whether you’re ready to expand your organizational capacity and move forward with purpose, or just want to talk shop, we’d love to connect.
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