If there’s one lesson the pandemic taught cultural organizations, it’s the critical importance of planning for sustainability. When COVID-19 shuttered theaters and cultural venues across the nation in March 2020, all forms of earned revenue—primarily ticket sales—ceased overnight. In response, organizations scrambled to reduce operating budgets and increase contributed revenue to stay afloat.
Read More...
The capabilities of artificial intelligence are growing exponentially. As artificial intelligence becomes a more reliable digital tool, organizations who utilize the technology will have an advantage over those who do not. Ninety-seven percent of business owners recently surveyed by Forbes Advisor believe that applications like ChatGPT will help their businesses. Using new technologies can be
Read More...
Conversations about the unique fundraising challenges each nonprofit faces are not always unique. Abbie Fine, Associate Vice President of Client Partnerships has worked with many nonprofits–on staff, as a board member, as a panel grant reviewer, and at a grant writing firm engaging with 100+ clients–and she came to expect certain conversations. What’s hard for
Read More...
Top 5 Strategic Planning Tips – Lessons Learned Over 20 Years of Planning Strategic planning is a crucial exercise that every institution should go through from time to time, typically every five to seven years. A strategic plan establishes the framework necessary for your institution set goals and develop a plan that will help you
Read More...
In the realm of healthcare fundraising, fostering connections with grateful patients and their families forms the bedrock of sustained philanthropic support. These individuals, touched by the compassionate care they receive, often feel compelled to give back to the healthcare organizations that have made a difference in their lives. However, effectively nurturing these relationships and maximizing
Read More...
It may seem unnecessary to hire a search firm to conduct your next search for a leader or development professional. After all, you know your organization well; you know what the position requires. Why not just post the job and interview the top applicants? If only it were that simple! Using an Executive Search Firm
Read More...
Communication is the backbone of a successful development program. Donors want to be assured that their money is going to a worthy cause. They want to feel that their donation has made an impact and that they have made a difference in the health of others. Communicating all of these point is critical for every
Read More...
Planned Giving Best Practices With competition for philanthropic dollars greater than ever before, fundraisers are getting creative with strategies to identify and pursue impactful gifts. While new and innovative approaches are always needed, the answer to larger, more impactful gifts may be in your donor database already: planned gift prospects. Planned gifts represent a significant
Read More...
The new year inspires us to take stock, get organized, and energize the efforts we put toward our goals and dreams. Nonprofit organizations have meaningful, and often challenging, goals, so starting the year off by adopting these four essential fundraising practices to set the pace for a fruitful year ahead. Reflect on Your Challenges Start
Read More...
With razor-thin margins and changing reimbursement rates, hospitals and their health systems are increasingly turning to philanthropy to modernize and build facilities, fund new programs, and recruit and retain talented medical staff. As part of that reality, planned giving should be an important part of any healthcare fundraising strategy. While the landscape is changing, historically
Read More...