A Line of Credit... Just in Case
We all know that a Nonprofit is a vital component of our society. The existence of nonprofits helps improve individuals while creating a highly functioning community. In this day and age that we live in, getting anything for free does not come easily. This article will discuss how nonprofits can get a building donated to […]
If you run a nonprofit 501c3 business, you may already know how to get government grants, raise private funds, and get reimbursements from governments. There are plenty of websites and organizations to help with that. It is far more difficult to know how a nonprofit can get a 501c3 loan or a quick nonprofit line […]
Pivoting to a Virtual Fundraising Event Fundraising events have always been a huge revenue earner for many nonprofits. They are a staple for fundraising plans and a key engagement tool. The event itself raises money and often times major gift conversations stem from an event or fundraiser. The pandemic has created many challenges and difficulties […]
COVID 19 has brought several new challenges for the nonprofit sector, particularly in the United States. Nonprofit organizations still have an obligation to fulfill their charitable purposes and still need to fundraise so they can continue their charitable activities. One popular route many nonprofits choose is to seek grant monies from private or public foundations. […]
As professionals in the nonprofit sector, we have likely seen the dreaded rejection letter come back from a funder for whom we spent countless hours preparing the perfect grant proposal, stellar logic model and crystal-clear budget. These “denial letters”, as I prefer to call them, are an inevitable part of the profession. What’s more important […]
A recent national emergency known as the COVID-19 global pandemic created an enormously detrimental effect on the financial sustainability of businesses and nonprofit organizations. This pandemic granted nonprofits all around the United States to be entitled to financial relief through the Economic Injury Disaster Loan (EIDL) Program under the CARES Act (Coronavirus Aid, Relief, and […]
Overview When it comes to digital marketing tools, one of the most effective ones is Google Ads. And best of all, Google provides a free option for eligible nonprofits, in the form of Google Ad Grants. Google Ad Grants provide eligible nonprofits with $10,000 a month to promote their nonprofit – that is $120,000 a […]
As a nonprofit, you know that just being there to provide services can make a big difference in your community. But is there a not for profit bank to help you fulfill your mission? Unfortunately, there is not a not for profit bank but there are for-profit banks that work with nonprofits. There are also […]
Over the last decade, the same financing tools that small businesses have used are now commonly used at nonprofit organizations. Let’s talk about how nonprofits are using various types of financing and what are the best banks for nonprofit organizations overall when considering bank accounts and loans. It all comes down to what your banking […]
There are two types of scenarios that cause a need for a solution for payroll funding. Scenario one is where you have time to look for and review options for payroll financing or working capital to grow your business. Scenario two for funding options is when you have a hiccup in your cash flow and […]
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