Stretch Budgets Don’t Set Up Your Nonprofit Team For Success

Nonprofit GrowthDevelopment
Written By Sherry Quam Taylor

CEOs - There are two words that just might be keeping your board and development team from fully funding your nonprofit's budget every year.

 

Those two words? 

STRETCH BUDGET

Ask yourself these questions:

❓Do you need $4.5M to kinda just get by and really hope to get an additional $500K if you’re lucky?  

❓Or, do you need $5M this year to accomplish your mission or not? (Only one approach helps your team raise to their goal.)

💣Stretch budgets don’t set your team up for success.

Your Fundraising team needs to know how to create a true plan that propels them to reach the true $5M need. Why would your team set their fundraising goal on a number they HOPE to reach?

Now, CEO, you've got to keep your end of the deal also….have you trained and equipped your team to actually do this? That is, use every hour wisely to secure all your donors' best gifts?

If no, 2024 might be your year to train your team, equip them with the tools they need to 2X-5X gifts, and invest in teaching them how to reach or exceed that goal every year.

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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