8 min
Why You Should Invest More MONEY into Overhead (Fundraising Staff) The Business Behind Fundraising
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- Non-Profit
Welcome to Season 3 of The Business Behind Fundraising!
For this season, we’ll be going in-depth on a few of the factors impacting the Great Resignation that I want you to reflect on.
Today’s episode will be all about why you should invest more money into overhead, especially your fundraising staff.
Spoiler: No new grant appeal, board member, or celebrity shout-out is going to fix your insufficient overhead cash. It’s all about solid groundwork and being honest with our needs and numbers.
Tune in to The Business Behind Fundraising — Why You Should Invest More MONEY into Overhead (Fundraising Staff) with Sherry Quam Taylor.
What You Will Discover:
✔️Spend enough money to generate the dollars you need. Are you raising the same money every year? More fundraising activities won’t fix this. What you need is more gas in the engine. Sometimes even a different engine!
✔️ Start with the math. It’s only until you’ve been honest with yourself and created a true needs-based budget that you will be able to craft an accurate financing plan for your fundraising team to reach or exceed.
✔️ Spending mistakes to avoid. Ever feel like you can’t afford to hire fundraising staff? Too often, you’re spending too much on programs, and that’s keeping you from investing enough in staff and overhead.
✔️ Answering the tough questions yields growth. Consider these:
What is the true financing plan? How can you raise or exceed a truly balanced budget? How can you design a funding model that supports your true need? What should your team be doing? Does your team have the right skillset? ✔️Never cut corners. Organizations that lean into risk tend to make consistent revenue leaps. Be brave when spending money to RAISE more money.
Subscribe to my YouTube for weekly updates:
https://www.youtube.com/channel/UCbjEu276-YQ0TeurphD62pA/
Download:
The Big Fundraising Secret (How Traditional Nonprofit Fundraising Blocks Your Overall Growth and Keeps You from Fully Funding Your Organization Every Year): https://mailchi.mp/a533c0ab59cf/2021-whitepaper
Or, subscribe to The Business Behind Fundraising podcast on any of your favorite podcast apps!
Welcome to Season 3 of The Business Behind Fundraising!
For this season, we’ll be going in-depth on a few of the factors impacting the Great Resignation that I want you to reflect on.
Today’s episode will be all about why you should invest more money into overhead, especially your fundraising staff.
Spoiler: No new grant appeal, board member, or celebrity shout-out is going to fix your insufficient overhead cash. It’s all about solid groundwork and being honest with our needs and numbers.
Tune in to The Business Behind Fundraising — Why You Should Invest More MONEY into Overhead (Fundraising Staff) with Sherry Quam Taylor.
What You Will Discover:
✔️Spend enough money to generate the dollars you need. Are you raising the same money every year? More fundraising activities won’t fix this. What you need is more gas in the engine. Sometimes even a different engine!
✔️ Start with the math. It’s only until you’ve been honest with yourself and created a true needs-based budget that you will be able to craft an accurate financing plan for your fundraising team to reach or exceed.
✔️ Spending mistakes to avoid. Ever feel like you can’t afford to hire fundraising staff? Too often, you’re spending too much on programs, and that’s keeping you from investing enough in staff and overhead.
✔️ Answering the tough questions yields growth. Consider these:
What is the true financing plan? How can you raise or exceed a truly balanced budget? How can you design a funding model that supports your true need? What should your team be doing? Does your team have the right skillset? ✔️Never cut corners. Organizations that lean into risk tend to make consistent revenue leaps. Be brave when spending money to RAISE more money.
Subscribe to my YouTube for weekly updates:
https://www.youtube.com/channel/UCbjEu276-YQ0TeurphD62pA/
Download:
The Big Fundraising Secret (How Traditional Nonprofit Fundraising Blocks Your Overall Growth and Keeps You from Fully Funding Your Organization Every Year): https://mailchi.mp/a533c0ab59cf/2021-whitepaper
Or, subscribe to The Business Behind Fundraising podcast on any of your favorite podcast apps!
8 min