Over the last four years American nonprofits have benefited from unprecedented amounts of federal funding.
The impact of the Covid pandemic on our lives, our society, and our charities and nonprofits, was unimaginable. Nonprofits had to find ways to address community needs in new and different ways.
Topics: finance, financial management, federal funding, government funding
Have you ever wished that property abutting one of your current locations would come on the market? What if a for-profit service provider in your community wanted or needed to exit a facility that was perfect for a service expansion? What if the undeveloped parcel that fits your long-term strategic plan suddenly became available after years of cultivating the owners?
Would you be in a position to close? The timing doesn’t always line up, and it’s possible that you wouldn’t be. But instead of walking away, consider the often-overlooked source of bridge funding: the friendly buyer. The friendly buyer purchases and holds the real estate with the intention that at some future date, your organization can and will purchase from them.
Here are three scenarios that we’ve seen play out in real life.
Topics: Capital Campaign, Capital, Capital Fundraising, finance
As the new year rolls in, many nonprofits are embarking on a brand-new budget, with clean slates, fresh aspirations, and strategies poised for success. You may also find your organization with a new class of volunteers on your board of directors, fresh faces on committees and perhaps even new staff members on your team.
Topics: Leadership, Volunteer, Volunteer Leadership, Board Development, Volunteer Management, Nonprofit Leadership, Board Management, Board Leadership, finance
I recently joined a meeting with a new client that is about to embark on his first capital campaign. He asked a great question, “What do you wish you would’ve known before your first capital campaign?”
Hindsight is usually 20/20 so I was grateful for this great question and the ability to help this client avoid some preventable pitfalls.
A few tips came to mind:
Topics: Capital Campaign, Goals, Financial Development, Capital Fundraising, finance, financial management
When thinking about ways to use real estate assets to further a nonprofit’s mission, we often focus on underutilized real estate and how we might turn those into cash. However, as nonprofits seek ways to use contributed and earned revenue dollars more efficiently, it may also be a good time to rethink how you use your office space.
Topics: Nonprofit Management, finance, financial management
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As the year comes to and end, we are highlighting our best posts and the nonprofit practices that we should all carry into the new year. |
Topics: Leadership, Fundraising, Best of DBD, finance
Topics: Leadership, Nonprofit, finance, financial management, Inclusion
Autumn has arrived and the end of the year is much closer than the beginning. The fourth quarter can make or break your financial results and there are a number of things your organization should be talking about right now to help ensure the greatest possible success.
Topics: Vision, End Of Year, Planning, Security Blanket, Debt Reduction, Nonprofit, finance, budget, financial management
By Brian Keel and Bruce Berglund
Topics: Fundraising, Financial Development, Capital Fundraising, finance
Throughout the past few months, conversations with clients from around the country have centered on one basic question:
Topics: Philanthropy, Nonprofit Management, Nonprofit Leadership, Financial Development, Fundraising Campaign, Nonprofit, Resource Development, finance, financial management