As nonprofit organizations adjust to recent shifts in the economic climate – plummeting stock values, uncertainty in the housing market, disintegration of the cryptocurrency markets – they should be looking for new revenue streams, such as nonprofit event sponsorships, to help hedge against potential financial losses. While traditional income streams from donor stewardship, legacy giving,…
Are your donors, boards, and volunteers aging themselves out of existence? I often sit in on my clients’ event committee meetings and am concerned when I see the same faces year-after-year and most of those faces are over 70. This is worrisome as all organizations should be actively engaging younger supporters and volunteers to fill…
Many organizations spend an enormous amount of resources creating nonprofit events that fall short of their goals. Typically, with underwhelming events the guests complain of being bored and the nonprofits complain about lack of revenue. The sad thing is that none of these events needed to be a dud. They all had started out with…
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