Philanthropy Front and Center-Cleveland

Revenue Planning Events Start This Week

With the uncertainties of that looming "fiscal cliff" we just mentioned, your nonprofit might be thinking about creating additional revenue streams. Is your org ready to handle the extra work that comes with that? What are the most important questions that your org needs to ask itself? What should the answers be?

Find out at our live chat this Thursday, Dec. 6, at noon ET with our experts:

• Nancy Osgood, Founder and President of The Osgood Group, who specializes in revenue generation and large-scale planning and restructuring to support profitable growth
• Stephen Pratt, Director of Financial Sustainability at Root Cause, who will be publishing a white paper in January on the divergent understanding of funders and nonprofit leaders on the meaning of financial sustainability

Send us your questions in advance to ensure that they get asked. Register now! >>

 

...And remember to watch our live stream one week later on Dec. 13 at 1pm ET, Building the Bottom Line: Revenue Growth and Diversification, also featuring Nancy Osgood. Walk away with tools you can use tomorrow to begin planning your organization’s revenue strategies and tactics.

Watch This! How to Plan for Revenue Growth

"It doesn't matter how big or small the organization is, there's always a cap on resources available, and it's really important to make sure those resources are aligned for the most effective outcomes."

Head over to GrantSpace to watch now >>

How can nonprofits plan for revenue growth and diversification? Nancy Osgood, founder and president of the Osgood Group, shares tips from her years of experience working with organizations of all types on revenue plans, audits, and strategies for growth. The Osgood Group is a management advisory firm that helps nonprofit organizations and socially focused businesses improve performance, effectiveness and sustainability. In this short video, Nancy answers the following:

• What is revenue planning?
• What are some common mistakes you see organizations make when it comes to pursuing revenue growth?
• What about fundraising plans - where do they fit?
• How do organizations get started with revenue planning?

Watch the video now >>

GrantSpace posts quality videos on nonprofit fundraising, management and innovation. Watch videos, listen to podcasts or watch an event in the GrantSpace multimedia gallery.

This Tuesday: Live Chat on Funding for Social Enterprise

Join us this Tuesday evening from your home computer, 7-8 PM ET, for a free 1-hour text-based chat on funding options for social enterprise.

If you have an idea for positive social impact, but you lack 501(c)(3) status, how can you get funding? Our live online chat on 5/29 focuses on this very question. Funding for Social Entrepreneurs: Myth or Reality? takes place May 29th, 7-8 PM ET, and will cover the following topics:

• What makes for a viable "social venture"?
• Where do social enterprises typically get startup capital?
• How is funding for social enterprise different from more traditional business and nonprofit models?
• What makes for a strong pitch when seeking funding for a social venture?
• How (and how well) does crowdfunding work?
• How do you measure the success of a social enterprise?

Get info on trends, strategies, and resources from 2 leading practitioners: 

• Tom Dawkins is Co-Founder of startsomegood.com, a popular crowdfunding site that helps social good initiatives raise funds and grow a community of supporters.
• Josh Cohen is Managing Partner at City Light Capital, a venture capital firm investing in USA-based, high-growth companies dedicated to tackling some of society’s toughest challenges.

Come ready with your questions, and we'll try to get them all answered on Tuesday, May 29, 7-8pm ET (that's right - it's an evening chat for those of us in the western hemisphere!), at our free, live, online chat. Register now!

Meanwhile, learn more at our Knowledge Base Article, "What is social enterprise?" and our recent video interview, "Social Enterprise and Sustainability: A Conversation with Paul Lamb"

Live Q&A Chats on Nonprofit Hybrids & Business Plans

We've lined up some hot topics for the hot month of August! Join our live Q&A, pick our experts' brains, and share your own experiences. We devote most of the hour to your questions and comments!

Nonprofit, For-Profit, L3C, B Corp...How to Choose?

With the availability of low-profit limited liability corporations (L3Cs) and B corporations in more and more states, choosing an organization type to achieve a charitable mission is no longer limited to nonprofits or for-profits.

On Wednesday, Aug. 24, 1-2pm ET, learn from our expert panelists, Marc J. Lane, JD, founder of Marc J. Lane Wealth Group, and Ben Wirz, director of business consulting for the John S. and James L. Knight Foundation, about what to consider when choosing a legal structure and the pros and cons of each form. Register now>>

What Should Be In Your Nonprofit’s Business Plan?

Creating a business plan makes you look long and hard at how well your nonprofit is achieving its mission. The written product can be a powerful tool for marketing, fundraising, and outreach; help engage your current staff and board's skills and networks more fully; and recruit, hire, and train quality directors and staff. Thus, customers often ask us about business plans: Where to find samples, what should be in them, how they differ from strategic plans and case statements, among others.

On Monday, Aug. 29, 1-2pm ET, get the answers to these questions from our expert panelists, nonprofit consultants and authors Chataun Denis and Jim Horan. Ms. Denis is our Atlanta library's Expert in Residence for August, and Mr. Horan is the author of a popular title in our libraries, The One Page Business Plan for Non-Profit Organizations. Register now>>

 

Listen! Nicole Hanrahan Discusses Earned Income, Community Wealth, and Social Enterprise

Nicole Hanrahan, director, Community Wealth Ventures, discusses strategies nonprofits can use to generate their own revenue based on her experience as a consultant to an array of organizations pursuing business ventures in areas of economic development, education, and other major fields. In this interview conducted by Pat Pasqual, director of the Foundation Center-Washington, DC, Ms. Hanrahan shares advice, tips, and pitfalls to avoid when beginning a nonprofit social enterprise aimed at earned income. Listen!