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Learning from peers to refine your nonprofit funding strategy

Candid

In this article, well outline a three-step process adapted from our report Finding Your Funding Strategy: Benchmarking 101 , tailored to U.S.-based Define your funding strategy peer set First, identify five to 15 organizations that resemble yours in mission, size, and geographic scope. based nonprofits. How did you arrive at that mix?

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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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Is There An Inequality Tipping Point for Nonprofits?

Blue Avocado

The wealthy have already begun their exit from supporting societal crises through funding the government. As smaller donations continue to decline, the philanthropic system is at risk of catastrophic failure if high-net-worth individuals, driven by natural human fears, feel a need to give less and less as insurance against a dangerous future.

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

While forming a nonprofit can be a long and stressful process, we hope this list brings some clarity to what costs you will need to set aside to adequately fund your nonprofit venture. This will include money for payroll, benefits, payroll taxes and contract employees. The work done by nonprofits is inspiring and so important!

Insurance 113
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How to Build a Better Nonprofit Budget in Less Time and with Less Stress

Blackbaud

Review funding history, including donations, grants, sponsorships, or program income, to determine which sources can be repeated for the budget year, what areas have room for growth, and where diversification is needed. These are set costs like headquarters rent, insurance, and administrative salaries.

Budget 119
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Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

These funds are often depleted quickly, so act immediately when opportunities are announced. Speak with your accountant to explore what “contract positions” entail. It might be possible to keep staff members on a contract basis until your organization can sustain employees long-term. Funding For Good, Inc.

Budget 98
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How to Improve On-Time Tuition Payments

Blackbaud

Private and independent schools rely on tuition to fund operations. Without the steady cash flow of tuition, schools might not meet budget, payroll may need to be sourced from other funds, and the ability to maintain academic and extracurricular programs may suffer. Funds are placed in FDIC-insured custodial accounts.

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