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SERVICES

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Feeding the Community

Maintaining a Food pantry for those less fortunate in the community is a noble contribution. Especially given the rising cost of food in our post pandemic economy.

Nonprofit Bootcamp

Your Board of Directors should be dedicated to the success of your Nonprofit it’s essential to maintaining your vision, meeting your goals and accomplishing your mission.  In doing so understanding and implementing IRs rules and regulations as it relates to staying in compliant is vital to the success of your Nonprofit.  CSF offers a Bootcamp that will test the knowledge of and assure a comprehensive understanding of the ever-evolving tax law as it relates to Nonprofits. 

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Fundraising

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No matter what, try not to rely on only one type of fundraising, especially if it means depending on sources that could dry up all at once, such as government or foundation grants. By the same token, scattering your efforts and trying every type of fundraising method simultaneously can lead to trouble. The wise nonprofit will carefully plan an array of fundraising methods to employ in the coming one to five years, based on its internal strengths and assets.

Individual donations

Individual donations may come in the form of cash, pledges, company stock, property and more. You might approach potential donors through tactics such as face-to-face appeals, phone calls, direct mail, newsletters, social media or events. Once you develop a donor base, keeping donors engaged maximizes the chances of subsequent donations.

Your nonprofit is more likely to succeed at obtaining individual donations if your work is relevant to the community. This method might be more challenging, however, if your work is difficult for the average person to understand.

Online crowdfunding

Online crowdfunding allows your nonprofit to use social media to raise money, with typically small donations coming from a large number of people. What makes crowdfunding different from other fundraising methods is that it leverages the social networks of everyone who participates in the campaign. This enables connections with potential new donors that might never have been otherwise established.

To make crowdfunding work for your nonprofit, visit crowdfunding sites and look at successful campaigns. On your fundraising webpage you’ll need to tell a compelling story about your mission that people will want to share — and that will encourage action. You’ll also need your supporters to share their participation through their own social networks.

If you don’t engage your supporters, a crowdfunding campaign may flounder. Your organization will need to plan several pushes in marketing to get the momentum started, keep it going and meet your fundraising goals. This requires planning and creativity.

Gifts from major donors

Gifts from major donors, people able to give thousands of dollars or more, can go a long way toward helping your nonprofit meet its fundraising goals. But direct mail, phone calls and emails aren’t likely to help you secure this kind of donation. For this fundraising method to be effective, your leadership and development team must develop strong relationships with possible major donors.

To ask for a sizable gift request a formal meeting to explain what need the gift could meet and how the donor will be recognized. You might also be able to attract major donors by hosting special events, such as a trip or gala. If these kinds of events are beyond your capacity, look for something exclusive you can offer, such as a behind-the-scenes tour of a special aspect of your work.

Capital campaigns

If your nonprofit needs to raise money for a large capital project, such as the renovation of your facility, a capital campaign may be a smart option. This fundraising method may bring in a lot of money, new supporters, and make your nonprofit more visible in the community. A capital campaign can also bring together your board, staff and volunteers as you work toward an exciting goal.

But make no mistake, capital campaigns require intense planning. Before you start this type of fundraising initiative, leadership must examine the feasibility of the campaign and increase the visibility of your organization. You’ll need commitments from your board members to donate major gifts and encourage others to do the same. Other musts are a strong financial base, donor support, committed leadership, dedicated volunteers, and a database or other system to effectively track the details.

 We help you explore t the different types of nonprofit fundraising methods and when they’re best used.

Grants

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Wikipedia defines grants as: “…non-repayable funds or products disbursed or given by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual.” MacKenzie suggests a broader definition, where grants are evaluated not solely by what they are but also by what they can do. “Grants are an opportunity for non-profits and government agencies to obtain the funding they need to reach their goals and measurably impact the target sector they serve,” she says. 

Different Kinds of Grants

Various entities offer grants, including federal, state, and local governments around the world as well as private, public, and community foundations. Opportunities abound, but it’s essential to read the fine print when searching for a grant that might fit your needs. Grants often list requirements about location, mission, and population served. In addition, the grantor may specify how funds should be used. According to this article by Ilma Ibrisevic on Donorbox, “Every grant-giving organization will have different requirements and those can also depend on the country in which your nonprofit is registered.” g

The Upsides of Grants

The clearest upside is that grants are not loans; you do not have to pay them back. In addition, since foundations and governments often furnish grants, the amount of funding can be larger than what individual donors might provide. Grants also can get you on the right path to growing awareness and enhancing your reputation within the non-profit community. This piece in Society of Nonprofits   lists three great reasons to consider seeking a grant::

  • You can receive generous amounts of money. 
  • Once you have obtained one grant, you are more likely to receive others.
  • Receiving grants is a good way to build your organization’s visibility and credibility.

The Downsides of Grants

Incorporating grants into your funding model shouldn’t be taken for “granted.” Some of the drawbacks of grants,  include:

  • Grants can take a significant amount of time. It first takes time to develop grant-writing skills that actually win grant proposals, it takes time to write a winning application, and then it can take time for you to see the funds.
  • They come with specific conditions attached. These conditions apply to things like how exactly you can use the money. They also have specific reporting requirements that you should consider before applying. The conditions can also be related to particular outputs or outcomes or achieving agreed milestones.
  • Grants are meant for specific short-term purposes, not to be a permanent nonprofit revenue stream.

While grants can be a good option for those willing to put in the effort, can your organization afford the amount of time and resources needed?

Volunteer

Giving back to the community in which you are apart is very rewarding. We train our clients how to create and maintain a Volunteer Management system, which is vital to their efforts in assisting the community in their needs. Volunteers are a very important aspect of any Nonprofit and understanding all the intricate moving parts that make Volunteers systems work is vital. Alongside with training on how to maintain and organize them is just as important.

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