Nonprofit Leaders: Is there evidence within your budget that you are spending money to make money?

Nonprofit GrowthDevelopment
Written By Sherry Quam Taylor

In my experience, most nonprofit leaders and board members agree with the phrase, “You have to spend money to make money.” But when you look at their budget, there is no evidence of this….

 

Evidence I’m looking for? 

🔍Headcount increases as a result of the budget growing

🔍Technology to track donor experiences and generate more dollars

🔍Skills-based training for teams

🔍Marketing and Brand assets

🔍Major-gift Collateral

 

The biggest thing that keeps orgs from growing is their lack of spending —their irrational frugality.

 

You must identify and invest in resources on a regular basis to scale your organization’s revenue.

 

Full stop.

 

What would you add to this list?

Whenever you’re ready, here are THREE things you can do next:

👣 Follow me on LinkedIn where I share the same lessons I teach my clients about attracting larger gen-ops dollars and adding 7-figures + to their bottom line. 

🍎 Read my GUIDE! THE TRUTH ABOUT GIVE/GETS :: Top 5 Reasons Your Board’s Give/Get Is Leaving Thousands (Sometimes Millions) on the Table. See how limiting board members to the Give/Get model restricts gifts and keeps your staff from reaching their full fundraising potential. Here to get it.

📈 Work with me to scale your org's revenue by 2-5X and fund your organization’s Strategic Plan // If you’re a business-minded CEO already raising MILLIONS but need to diversify revenue and secure more general-operating dollars to invest in growth, you can apply to work with me here.

Sherry Quam Taylor

Sherry Quam Taylor works with business-minded Nonprofit CEOs whose Strategic Plans require expansive budgets and larger amounts of general-operating revenue for growth. To become investment-level ready, Sherry helps leaders see their revenue potential and helps them see what may be blocking donors from giving in this way. Sherry’s clients know how to attract larger donors by solving the funding challenges at the root of the issue.

As a result of learning her methodology, Sherry’s clients become sustainable, diversify revenue, and know how to add significant amounts gen-ops revenue to their budgets. But mostly, their development departments and board have transformed into high-ROI revenue generators – aligning their hours with relational dollars and set free from the limitations of transactional fundraising.

Sherry attributes the success of her business to her passion for modeling radical confidence to the future CEOs in her house - her two college-aged daughters.

https://www.QuamTaylor.com
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