Category: Profits

June 17, 2015

Fundraising & Expense Ratios and Best Practices

Fundraising is any activity that includes a solicitation of present or future donations of cash or gifts in kind or the sale of goods or services to raise funds, whether explicit or implied. Fundraising expense ratios A charity’s fundraising ratio can serve as a self-assessment tool to see whether the Canada Revenue Agency (CRA) is […]

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May 6, 2013

What is the Triple Bottom Line?

The triple bottom line (also known as 3BL, the three Ps and the three pillars) puts into concrete terms what we already know: there’s more to business than just making money. You could even say that there’s more to making money than making money…at least the traditional way. The three pillars are a key component […]

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January 2, 2013

Should I Give to Charities that Use Professional Fundraising Companies?

You have probably given a donation to more charities that use commercial fundraising companies than you think. Most of the time you have no idea that a for-profit fundraising company is being used by a well-known charity. Almost all big charities do use these companies at some time. Charities depend on quantity to overcome the […]

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September 5, 2012

Nonprofit Organizations: Restricted vs. Unrestricted Income

Nonprofit organizations receive two basic types of income: restricted income and unrestricted income. These two types should be recorded separately and properly filed to avoid legal problems in the future, and if you are considering starting a nonprofit organization, it is imperative that you understand the difference between restricted and unrestricted income. Nonprofit Organizations: Restricted […]

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July 4, 2012

WHAT TYPE OF FUNDRAISING SHOULD I DO FOR MY NONPROFIT OR A NONPROFIT THAT I AM ASSISTING?

I continue to have the pleasure and good fortune to have many clients, prospects, and friends share many great articles and discussions regarding fundraising with me. Just recently, I was shared another article by a kind friend of mine that he saw on Charity Village’s web site and it really resonated with what I hear […]

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June 3, 2012

MONEY IS A CONSTANT TOPIC OF CONVERSATION AMONG NONPROFIT LEADERS: HOW MUCH DO WE NEED? WHERE CAN WE FIND IT?

I was passed on a really interesting Stanford research article by a friend of mine, which research has identified 10 nonprofit funding models that are commonly used by some of the largest nonprofits in the United States. I believe these models would be helpful for nonprofits in Canada as well, whether large or small, to […]

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March 1, 2012

What’s Rave Results being up to?

I am just working on mastering the technology of personalizing my emails, which I understand that I will be able to do once I move from Outlook 2003 to 2007; so please accept my apologies for me not being able to personalize this email to all of you at this time as I am sending […]

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November 1, 2011

What is the average cost per dollar raised in fundraising?

A difficult question, and often calculated in a variety of ways. Benchmarking between organizations is not standard so costs per dollar raised can vary widely depending on interpretation and exclusion/inclusion of such things as facilities costs, the percentage of the CEO’s salary that would be related to fundraising and many other items. Benchmarking is often […]

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October 13, 2011

Is money the only thing a non-profit organization should think of when measuring success?

If businesses have embraced a “value based”approach to managing since it is imperative to make decisions that enhance and improve value for all stakeholders than why can’t nonprofits too? 1. Generating a return for investors is important but what about a return for supporters for nonprofits? 2. If employees need to be empowered in for-profit business […]

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September 12, 2011

What charity fundraiser would be the best to raise the most money?

I often asked the question, “what charity fundraiser would be the best to raise the most money?” Charity fundraising ideas come in all shapes and sizes. For many organizations, raising a regular amount of money is vital to keep going. Coming up with novel fundraisers not only helps to bring in much needed cash but […]

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