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The overhead myth: crash course to fundraising transparency

Candid

To define the overhead myth, we first need to define the term “overhead ratio.” . Overhead ratio essentially refers to the amount of a nonprofit’s budget that’s dedicated to overhead costs (i.e. keeping the lights on”), and invest in fundraising innovations that can result in raising more funding toward the mission.

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4 Financial Metrics to Increase Transparency for Your Nonprofit

sgEngage

The Power of Financial Metrics While most donors do not dig too deep into an organization’s financials before donating, they do provide more contributions to organizations with higher operating margins and efficiency ratios. Here are the metrics: Program ratio = program expenses / total expenses.

Metrics 96
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Employee Giving Strategies to Boost Year-End Impact

sgEngage

The end-of-year giving season is fast approaching, and for nonprofits and educational institutions, this marks a crucial time for fundraising. This guide will delve into actionable strategies to help organizations like yours elevate their fundraising with employee giving. It could even turn into an annually recurring partnership!

Impact 92
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8 Top Corporate Giving Trends to Watch in 2024 + Examples

Nonprofits Source

In the world of philanthropy, the coming year promises innovative corporate giving trends that can benefit both nonprofit fundraisers seeking support and corporations eager to make a meaningful societal impact. Companies Are Matching Employee Donations At Higher Ratios. Take Coca-Cola for example.

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. For instance, lumping all expenses under a generic “operations” category hides the actual costs of specific activities, such as programming versus fundraising.

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Matching Donations: A Nonprofit’s Guide to Doubling Impact

DipJar

The top matching gift companies offer generous match ratios and maximum match amounts per employee. For example: Disney will match donations between $25 and $25,000 at a ratio of 1:1. Apple will match up to $10,000 at a ratio of 1:1 for active employees. Google will match up to $10,000 at a ratio of 1:1 for active employees.

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Using Prospect Research to Improve Your Ask: 5 Tips

Achieve

Nonprofits professionals turn to prospect research time after time to enhance and strengthen their fundraising strategies. When you understand your prospective donors better, you can craft well-thought-out fundraising asks that are customized and most relevant to each potential supporter. fundraising plan. Let’s get started.