Diversifying Nonprofit funding: The Business Considerations May not be What You Think! скачать в хорошем качестве

Diversifying Nonprofit funding: The Business Considerations May not be What You Think!

On July 10th, NFC will conclude our groundbreaking 8-part series on nonprofit business models with a novel session focused on how to judge the revenue sources that might best complement your predominate source, whether it be government funding, individual donations, earned income, membership dues, or foundation/institutional funders. There is a systematic way to look at pairing sources to get the right amount and the right mix of money types for your particular purposes and growth stage. Among other things, we will examine the following: What benefits a revenue concentration strategy can have What the good and not-so-good reasons are for revenue diversification What are the mix-and-match considerations you should take up before starting up a new revenue line What a good business plan includes for revenue diversification. Additionally, we will do a serious review of the board’s important due diligence role in taking on new revenue sources so bring those board members.