Funding a Nonprofit in a Distressed Economy

Course Description

Nonprofit organizations are experiencing the same crises that for-profit businesses are encountering in this difficult economy. While the demand for philanthropy is growing, the funding supply is decreasing. There are presently more than 1.9 million nonprofits seeking grants, gifts, contributors, members, and volunteers.

People who once had excess money to give away have seen their jobs disappear, their retirement funds dwindle, and their homes’ values plummet. Foundations’ endowments are not being replenished at a time when more and more entities are asking for funding. This unique course offers insight into the crisis, tools, and techniques for growing an organization as well as ways to stretch funding through the proper use of budgeting and nontraditional means of seeking support.

The following topics are discussed in detail:

• The current state of philanthropy, with more people and organizations needing help but less money to fund programs.
• The role that board members play in fundraising.
• IRS- and state-permissible fundraising practices.
• Funding a small, specialized program.
• Introduction to developing a strategic plan.
• How to inspire and keep donors.
• Conducting effective fundraising events.

Learning Objectives

Upon successful completion of this course, participants will be able to:

• Understand ethical fundraising practices.
• Reduce fundraising needs by using existing resources more effectively.
• Understand grant writing procedures and the current status of grant solicitation.
• Apply tools and techniques to create sound budgets.