Essential Fundraising Tips for Nonprofits

It can be helpful for your nonprofit organization to learn effective tips and tools for all that goes into fundraising from a wide variety of sources, such as sponsorship to peer-to-peer campaigns and everything in between. This is valuable knowledge that can make all the difference in keeping your operations afloat. Here are a few of the top fundraising methods.

Stelling Your Story

How well does your organization get its story across? This will directly and significantly impact the amount of money raised. When telling your story, don't solely focus on what you do. Elaborate on why it really matters as well.

Engage the Board

Engaging a nonprofit's board in fundraising has been a challenge for many organizations, but when done right can be very powerful. It is worth learning how to more effectively implement the board member agreement in your organization.

Ban Submitting Cold Grants

Grant proposals should always be submitted based on a real connection. Submitting to foundations that the organization has a personal connection with will greatly increase success.

Specific Asks

People are not inclined to give if they are not asked directly. Work on improving the number of individual donors and being as specific as possible with asks.

Speak about Donation Impact

Most donors will want an idea of how their gift is being used and how it will make a difference. Prove to your funders that their donations truly matter. When there are discrepancies on this, NJ Nonprofit Insurance may be your saving grace.

Make it Easy to Donate

Making a donation is just a click away. Take advantage of the ability to raise money online. You will see donations rise exponentially by catering to ease of use. If you do not already have one, consider including a "Donate Now button" on your website.

Emphasize Gratefulness

A single thank you can go such a long way to making long-term relationships with donors. Remember that keeping your current donors is much easier than trying to get new ones. However, losing these relationships can happen very fast so always be sure to show your appreciation.

Understand the Social Capital Market

Reconsider how you are sustaining your income. Make sure all the earned income is mission-driven and that there is a real business opportunity. Keep in mind there will not be any money to be made without a need or want for something.

About David G. Sayles Insurance Services

At David G. Sayles Insurance Services, we help our clients decide which of these options is best for them based on their current situation and risk factors.  Contact us at 1-855-977-1842 or insureme@dsayles.mysites.io for a consultation!