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Reading Donor Signals for Events: Knowing Who to Invite and When

Qgiv

Examples of direct donor signals include: Surveys Conversations with donors Direct messages or tagging your organization on social media Indirect signals are a bit less obvious, but no less valuable. Typically reading donor signals that are indirect requires some sort of software tools to gather that data.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization. If you aren’t including indirect costs—such as salaries or rent—into your funding requests or program planning, you are setting yourself up for stress later in the year. Watch an on-demand product tour today.

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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Budget A detailed account of the financial resources needed, including direct and indirect costs. Indirect Costs : These include overhead expenses that support the project but are not directly charged, such as utilities or administrative costs. Sustainability Plan Information on how the project will continue after grant funding ends.

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4 Tips for Organizing a Nonprofit Auction That Drives Impact

Pamela Grow

The competition with other supporters is indirect, but participants can bid on as many items as they want at the same time. Social media. Silent Auction Silent auctions allow participants to take the event at their own pace as they browse your item catalog and enter their bids on printed or digital bid sheets. Email marketing.

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How to Calculate Net Gain from Your Nonprofit Event 

GiveSmart

Along with expenses connected directly to the event, there are also indirect costs to account for, such as staff salaries. To figure out the event’s net gain, or how much the programming brought, nonprofit staff must subtract its direct and indirect expenses from the total proceeds.

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. In addition to the media attention surrounding MacKenzie Scott’s remarkable giving , there are other movements that also highlight the importance of unrestricted funds.

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Treat Your Website Project Like an Investment Rather than an Expense

Tech Soup

Open-source software differs from other platforms in that it doesn't cost anything to license and use. This means that when a new social media platform becomes popular, for example, the community can create an integration within a matter of days or even hours. Make Integration-Focused Software a Priority. Own the technology.