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Diversifying Revenue Streams: Launching an Online Store for Your Nonprofit

The Modern Nonprofit

Estimated Reading Time: 4 minutes Diversifying Revenue Streams: Launching an Online Store for Your Nonprofit In the world of nonprofit management, funding often poses one of the biggest challenges. While donations and grants are traditional revenue streams, here’s a question to give some serious thought.

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Five green flags for funders in your grant proposal

Candid

And they frequently study your project budget and look back at the narrative (the main written part of the grant proposal) and the executive summary (the short summary of the proposal and budget that comes first) to see that they are all aligned. Funders like to see that potential grantees have a diverse revenue stream.

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4 Ways to Participate Online in the 2016 AFP International Fundraising Conference

Nonprofit Tech for Good

If you can’t attend in person, thanks to social media and live streaming technology you can still participate in the conference online. Watch the live stream. Read daily social media content summaries on Storify. Thank you! Learn more about pricing and how to sign up at afpfc.com/bostonlive.

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Groups: Strengthen your donor community with actionable data.

Bloomerang

Understand how your donors give Get to know each Group deeper through high-level transaction summaries, giving over time, and demographic data, including: Average revenue transaction, fiscal year revenue, and lifetime revenue. Funnel donors into appropriate nurture streams as they move to a different Group.

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Identify, Track, and Analyze Gifts with New Grants Management on EveryAction

EveryAction

Organizations need a structured and effective way of following their grants throughout the grant's lifecycle so they can easily manage this very important revenue stream and track these funds in the same place as major gifts and other sources of revenue. The Grant Proposal section allows users to specify the Grant Type (i.e.

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Your Nonprofit Needs To Establish A Rainy Day Fund. Here’s Why That Is And How You Can Convince Others To Get On Board.

Bloomerang

When I talk about a rainy day fund, I’m talking about two things: Endowment – invested principal from which you can draw an income stream every year. Legacy giving program – a program that will yield a steady stream of bequests, more or less annually, over time. In summary.

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December Stress Relief: Automation for Gift Processing

sgEngage

Optimize Recurring Gift Management Expanding your recurring gifts program can be vital for your social impact organization, offering a steady revenue stream that aids in effective planning and resource allocation. Follow up with a thank you. This can help build stronger relationships and encourage future giving. 

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