New Streams of Revenue
If your nonprofit is looking for new streams of revenue, grants are the pretty, shiny object that often catch the eye of board members and staff.
But it’s important to assess all of the possible revenue streams for your nonprofit before you dive into something new. Familiarize yourself with corporate partnerships, annual campaigns, capital campaigns, online crowdfunding, product sales and different types of special events.
Some forms of fundraising will be better suited to your nonprofit than others, based on your infrastructure, resources, and fundraising goals.
If you need help making a fundraising plan, don’t hestitate to reach out to RBW Strategy at info@rbwstrategy.com. #FundraisingFriday
