Nonprofit Fundraising: Launching an Earned Income Strategy
Nonprofits can fundraise many ways, but an Earned Income strategy is a great option.
In this video, I’ll share a recap of what an Earned Income strategy is, and talk through several things you need to consider to determine if this fundraising model could be a good fit for your nonprofit organization! This is Part 2 of my 2-part video on this topic!
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// WHAT TO WATCH NEXT
PART 1 of this 2-Part Video:
Nonprofit Fundraising: Is an Earned Income strategy the right fit?
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Nonprofit Fundraising: 7 Ways ChatGPT can help
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// CHAPTERS
00:00 Welcome!
01:37 Is it a good fit?
02:10 Earned Income ideas
07:35 Business Planning
10:14 Pilot Test
11:24 Funding
13:25 Launch and Evaluate
// MORE ABOUT ME
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more.
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Пікірлер: 11
Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: tinyurl.com/nonprofitsandchangemakers
It's been a few years but... I finally came crawling back after I painstakingly "decided" what do in this season of my life lol. Thanks for all that you do Amber! James
@AmberMelanieSmith
Жыл бұрын
There you go!
Great strategy for us! Thank you for the outline and detailed narrative.
@AmberMelanieSmith
Жыл бұрын
My pleasure!
Thank you for sharing this valuable information. Very helpful!!!
@AmberMelanieSmith
11 ай бұрын
You are so welcome!
This seems more and more like the only dignified course of action for 80% of non profits. The time we spend trying to fundraise spare change could be spent earning substantial amounts of money. Facetime with the public should be spent on the actual mission, you are now associated only with your charitable actions that promote social good instead of always needing money.
@AmberMelanieSmith
Жыл бұрын
Right?! Earned Income still takes work, but can be reliable and consistent.
If my model is for an operating foundation, can it be 100% funded from an earned income strategy? 9:42
@AmberMelanieSmith
10 ай бұрын
Do you mean a private foundation? So that would mean it gets its funding from just a few people; I'm not sure on the rules of if that can be 100% earned income, since you don't have to pass a 'public support' test as a private foundation, but there are still tax implications. I recommend talking to an accountant. www.irs.gov/charities-non-profits/private-foundations/private-operating-foundations