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As
the competition for charitable dollars increases, donors
are interested in a nonprofit’s long-term sustainability.
A key factor in establishing credibility with donors is
the development of a long-term plan for growth. You must
have a road map for the future to fulfill your mission.
We can help your nonprofit by providing a comprehensive
organizational analysis, including:
• Structural Review
• Strategic Planning
• Business Plans and Budgeting
• Board Evaluation
• Staff Evaluation
Q Where can you find out how strategic planning improves your fund raising capabilities?
A More and more, savvy donors and charitable foundations are asking for your strategic plan as they review your request for funding. These potential donors want to see a link between fund raising goals and an organization's priorities.
A strategic plan that outlines three to five year goals and includes specific budget targets for fund raising helps a potential donor understand where you are headed and how you plan to get there. Often, strategic planning does not include rationales for choices made or give enough thought to the consequences of building a new building (increased operational expenses, for instance) or adding a program (increased salary expenses).
Your fund raising capabilities can only be strengthened by a solid strategic plan. At Bacon Lee & Associates, our strategic planning work includes financial projections based upon both earned and donated income. We can help you tie it all together by starting with a strong planning process. |
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