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The nonprofit will cut ties with Paramount and seek donations from various sources, including individual donors. By Glenn Gamboa, Associated Press AP Photo/Brynn Anderson The shift will allow Save the Music to focus more on students like 17-year-old JaMarion Hulin, from Daniel McLaughlin Therrell High School in Atlanta, where he is president of the schools record company and is learning to use equipment provided by the foundation to make music.
We all like to feel appreciated and that includes your donors. Thanking your donors should be a priority for your nonprofit organization. Is that the case? Unfortunately, the answer is usually no. Thanking your donors is not just something you do after you receive a donation and then do nothing for a while. You need to show gratitude all year round and with Valentines Day coming up, thats a great opportunity to thank your donors and show them how much you appreciate their support.
In the wake of last weeks news regarding the Office of Management and Budget memorandum instructing federal agencies to temporarily pause all activities related to obligations or disbursement of all Federal financial assistance, many of us are trying to understand the potential impact of a freeze on federal funding on the nonprofit sector. While we continue to monitor developments , here are some resources on how nonprofits can mitigate potential impacts: Diversifying nonprofit revenue streams D
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Scott and Kathleen Kapnicks gift will help support the Hospital for Special Surgerys construction of a Naples, Florida, branch. By Maria Di Mento Studio+ Plus, USCs engineering school received $5 million to endow a professorship in computer science and health, and Tulane got $3 million to support womens reproductive rights.
If youre like most nonprofits, attracting new donors is a costly endeavor. Yet somehow, its the one goal your boss or your board gets the most excited about. Many nonprofits prioritize donor acquisition over stewardship, treating stewardship strategies as a frivolous or just a nice to have endeavor. Cultivation done right isnt a cost center, however, its a revenue center.
Shoshana Grossman-Crist:Your Grantmaker Relationships Shoshana Grossman-Crist leads you through the pathway of relationships with institutional funders. She reveals her advice on how to build and maintain relationships before you apply for a grant; while your proposal is under review; after youve been funded; and, while you’re doing the work. Also, what if the foundation … Continue reading Nonprofit Radio for February 3, 2025: Your Grantmaker Relationships → Shoshana Grossman-C
The major gift journey is a synergistic one. You see, its both your journey and your donors journey. If you want to follow along the most direct pathway to sustainable philanthropy, youll want to consider the two-fold nature of the expeditious endeavor known as major gift fundraising. Or, as I prefer to call it, passionate philanthropy. First understand the pathway to passionate philanthropy is not just about the money; its every bit as much about the experience.
Reports To: Finance and Administration Director About: Enriching Lives through Music (ELM) is an immersive youth music school in the Canal neighborhood of San Rafael that provides tuition-free, multi-year music education and performance opportunities to primarily first-generation Latinx children. It is an exciting time at ELM as we celebrate a decade of service to the San Rafael community.
Create the perfect corporate sponsorship package to secure more support for your nonprofit. Check out our guide to creating stunning, personalized packages.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
Issue 2837 February 3, 2025 You are incredibly, beautifully diverse. Think about it. A friend once observed to me that we are all made up of many tribes, each of which brings a piece of our identity to life. How many tribes do you belong to? What characteristics of yourself do you identify with? I didnt always appreciate the richness of this concept, but over time, Ive come to love and embrace the reality of the multifaceted elements that form the whole of who I am.
Wine pulls are a fundraising idea where guests donate a fixed amount for the chance to pull a wrapped bottle. Learn how to boost revenue with this idea here.
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