As labor and material costs rise, it may seem difficult for smaller organizations to fulfill their missions. But there are ways to maximize resources and minimize expenditures. Nonprofit leaders currently working in the trenches share their tried-and-true strategies.
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Why Nonprofits Should Run Like Businesses
Throughout my career, as a “reformed” lawyer, I have learned that in order to succeed in raising funds as a nonprofit organization, we must think and act like a business. What makes us different is that our bottom line is not just generating dollars, but more resources and, ultimately, more opportunities for the people we serve.
Read More5 Ways to Report Back to Donors on Their Gifts’ Impact
You have no choice other than to report back to donors — not if you want to grow and not if you want to make your donors happy.
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