What is Income for a Nonprofit?

What is Income for a Nonprofit?

Many of the principles of love and attention for your nonprofit’s finance apply to your personal finance, too. For instance, making a personal budget and weekly spending plan for your household are remarkably like developing your project budget and making a liquidity...

The Real Value of Finance Management

The Real Value of Finance Management

Last week I wrote about your cash box and how to handle cash properly. I hope you got the impression that I find it very important and am passionate about this. Because I am. Not because I care about cash (or non-cash money), really. But because I know that proper...

How to Handle Petty Cash Properly

How to Handle Petty Cash Properly

Very probably you have a cash box in your office somewhere, with a small amount of money in it. You probably use this sporadically. For instance, when someone needs to run to the shop quickly to buy something very minor. In most organizations, petty cash is not...

Preparing for your Financial Report before Starting the Activities

Preparing for your Financial Report before Starting the Activities

Some entrepreneurs live by the adage ‘Start before you are ready’. And I believe in that, too. Very much. Mostly because I learn from doing, so for me getting going is key to getting anywhere. But there are some exceptions where I would recommend being ready before...

Balancing your Mission and your Life

Balancing your Mission and your Life

It is never very easy to find a good way to combine being part of a nonprofit with a life with family and friends outside that organization. And this is even more of a challenge in times of uncertainty like we all face now due to the COVID-19 pandemic. The thing with...

Donor Retention in Times of Uncertainty

Donor Retention in Times of Uncertainty

Earlier this month (April 2020) I taught four masterclasses on fundraising in time of uncertainty. In one of these a participant asked about donor retention in times of uncertainty. How to keep your donors at a time when you may not be able to do exactly (or at all)...

Requests for Donations

Requests for Donations

Recently, I have been receiving quite a few requests for donations. I have been telling my community of not-for-profits that indeed now seems a good time to call on people’s solidarity and ask for donations. What with the COVID-19 pandemic making everyone so much more...

FREE Masterclass Fundraising in Times of Uncertainty

FREE Masterclass Fundraising in Times of Uncertainty

Are you worried about the impact of the corona virus pandemic on your not-for-profit? Are you uncertain about how to plan now? And do you have difficulty getting yourself to focus on sorting out these worries because you are concerned about your loved ones ...... then...

The Importance of Monitoring

The Importance of Monitoring

For almost every project proposal nowadays you need to prepare a monitoring framework. This presents how you will monitor implementation for success. Very often this is seen as an exercise that is important for the donor. Something that should be done as simply as...

Keeping Up the Good Work In A Crisis

Keeping Up the Good Work In A Crisis

I see many not-for-profits being uncertain about their future now, as their activities are being canceled one by one. How can you keep on core staff, if project activities cannot be implemented? Do donors approve of covering such costs even though you cannot deliver...