Nonprofit Fund Development
Introduction
Marie Management is your business consulting firm that specializes in hybrid models nationally and internationally. Our system requires our consultants to address the structure, development, operations and execution of each business function and or department. With this method, we ensure that all businesses have the proper systems and strategies in place to maximize impact and revenue.
Description
TSNE Mission Works defines fund development as the ongoing strategic positioning of an organization to sustain and grow its resources by building relationships with those who understand and care about the organizationâs relevance to the community.
What we find is that nonprofit organizations tend to address all the attempts of fundraising separately which leaves holes in the entire process. Ultimately it makes fundraising on the organizations behalf, or within the organization, a combination of complicated efforts. Therefore we recommend fund development planning so that the efforts are all congruent with the mission of the organization, purpose of the community partners and ensure long lasting relationships between everyone involved.
Structure
When structuring a fund development plan you first want to establish a case for support that provides any stakeholder the opportunity to understand the following:
1) Mission, Purpose, Vision and Need. Thoroughly explain the connection between your organization and the community.
2) Explain how the organizations current stakeholders impact the organizations mission and vision. Explain the current programs, projects and activities.
3) Explain all the resources necessary to execute and or deliver the current programs, projects and activities. Provide the evaluation tools necessary that explain you are consistently reaching your organizations mission and vision.
Development
After you have completed the need for support, you are prepared to develop your fund development plan. The sections that need thorough planning, followed by intentional training in this process are:
1) Financial Review and Financial Goals
2) Strategic Goals
3) Relationship Cultivating Program
4) Solicitation Strategies
5) Human Resources Outline
6) Communications Activities
7) Evaluation Practices and Protocol
8) Timeline
Operations
After the case of need and fund development plan have been outlined, the executives can thoroughly determine how the plan will impact the day-to-day functions of the organization. This plan may alter operations within many of the organizations departments, change some job descriptions or even add departments or positions in some cases. However, determining how the fund development plan will alter the culture of the organization is important prior to execution.
Execution
Immediately following the structure, development and operations of the fund development plan, it is time to execute on behalf of the completed plan. Please be advised that wherever there are new activities, its important to train the board, staff, committees, volunteers etc. on their expectations, standards and roles.
For more help on how to execute this process on behalf of your organization, download our free ebook here.
Conclusion
Marie Management is a consulting firm designed to build the following business models:
- Hybrid Model Nonprofit: Adding a nonprofit to an existing for-profit business.
- Hybrid Model For-Profit: Adding a for-profit to an existing nonprofit business.
- Hybrid Model Brand: Building an entrepreneurs personal brand, for-profit and nonprofit collectively.
We specialize in hybrid models and love ensuring that entrepreneurs utilize excess profits for the purposes close to their hearts. Our entrepreneurs benefit greatly from having a firm that not only consults in both sectors, but manages in them as well.
For immediate assistance in structuring, developing, operating and or executing your nonprofit organization, schedule your consultation here.
To learn and implement these practices and much more at your own pace, attend our course here.
For regular updates on everything nonprofit organizations, follow us on facebook, twitter and instagram platforms @mariemanagement.
Thank you for choosing to build your nonprofit correctly the 1st time. See you in service!
Jazzmine Nolan MPA
Marie Management
Creating and Expanding Magical Nonprofits for Extraordinary Purposes.