13Nov 2017 by William Simi No Comments
Are you ready for Giving Tuesday?

Are you ready for Giving Tuesday?

Not For Profit
Studies have shown that many nonprofit organizations receive ⅓ or more of their annual contributions and giving during the month of December, and as much as 10% during the last three days of the year. That fact alone argues strongly for a well-coordinated year-end fundraising campaign. Since the launch of “Giving Tuesday”, nonprofits have another compelling reason to engage in year-end fundraising. Started in 2012 by New York’s 922nd Street Y organization, and supported by the UN Foundation, the “Giving Tuesday” movement has become a nationwide and global phenomenon. In just a few short years, the event has drawn huge interest and participation from individuals, for profit business, nonprofit organizations, schools and other community groups. In 2016, $168M was raised from over 98 countries (source). As stated by the organizers…
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16Nov 2016 by Fred Crooks No Comments
Why budgeting is essential to success

Why budgeting is essential to success

Business Advisory, Fundamentals
Whatever stage your business or organization is at, it’s important to have the best possible overview of your costs and cash flow. If you’re going to track and measure your overhead, you’re going to need to set a clear budget right from the beginning – and that means putting serious thought into your budgeting from day one. Budgeting is one of the fundamentals that can often be overlooked by business owners, or non-profit CEOs, whose focus is pushing forward the next goal on the horizon. But when you neglect your budgeting, you’re setting a highly unstable foundation stone on which to build the rest of your business plan. Why is budgeting so important to the health of your organization? And how can a more proactive approach to budget management improve…
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