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Measuring Overall Fundraising Performance evaluation financial management fundraising

When a company is trying to realize more revenues from sales, there are two factors that affect the outcome: price and volume. To make more money, either more people will buy the product, or people will pay more for the product, or some combination of the two. The same principle applies in...

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Measuring Your Fundraising Costs evaluation financial management fundraising

As we said in Measuring Overall Fundraising Performance, net income is a better indicator of monies raised than gross income. Net income takes into account the costs associated with raising the funds while gross income doesn’t. You can increase net income by either increasing your revenues...

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Measuring Your Marketing Endeavors communications evaluation fundraising

Fundraising and marketing are similar to each other in many ways. Fundraising is concerned about building donor relationships that result in charitable contributions. Marketing is about building customer relationships that result in sales. Both are concerned with the interactions that result in...

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You Have to Measure Data Too evaluation fundraising

Data collection may not be the most exciting part of fundraising but gathering and analyzing it is crucial to fundraising success. Data is used in budgeting, evaluating, goal setting, benchmarking, and problem solving. It is data that tells us what is going well and what isn’t – and...

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Building Donor Relationships: Foundations grant writing relationship building

In my blog Building Donor Relationships: Individuals, we talked about how to approach and retain individual donors. This blog will address how to build foundation relationships, shore up your foundation fundraising strategy and get more donations from foundations.

Approaching Foundations

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Building Donor Relationships: Government Funders grant writing relationship building

We’ve previously discussed building relationships with individual donors, foundations, and corporations. We now turn our attention to building relationships with government funders.

Let’s start with what’s the same.

Just like with other types of donors, a relationship with a...

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What Foundation Reviewers Want to Know, Asked or Not grant writing

Grant funding is a crucial part of many nonprofits’ fundraising strategies. According to the Fundraising Effectiveness Project, 18 percent of all charitable giving is given through foundations. Foundation also tend to give bigger gift amounts than many individuals, often in the $5,000 to a...

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Grant Writing: Answering the Question What Need Will You Meet? grant writing

Last week in What Foundation Reviewers Want to Know, Asked or Not we presented the eight questions grant reviewers want answered. Today, we discuss how to present the needs your proposal is describing.

 

Your needs statements are the crux of your proposal. What needs you choose to meet...

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Grant Writing: Answering the Question How Will You Meet the Need You Described? grant writing

In What Foundation Reviewers Want to Know, Asked or Not we presented the eight questions grant reviewers want answered. Last week we explored the question “What Need Will You Meet?” Today, we discuss how to write about the program you want to implement that meets that need. In other...

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