FORBES Nonprofit Council // The Budgeting Mistake That Could Be Costing You Millions

Nonprofit GrowthDevelopmentFORBES Nonprofit Council
Written By Sherry Quam Taylor
Image of Sherry Quam Taylor with title, "New Forbes Council Article is Live"

As you know, I'm an Official Member of the Forbes Nonprofit Council! You can see ALL my articles here.

 

This month's NEW article is called: 
Do Your Donors Know You Need More Money? The Budgeting Mistake That Could Be Costing You Millions

Today my contribution to Forbes Nonprofit Council is about a surprising reality: Many donors don’t actually know the level of financial support your organization requires to keep driving change.
 

Time and again, we assume our donors understand our organization’s overall financial need. Yet, when a donor who has consistently given $15,000 per year suddenly understands the true financial picture, their giving often increases—sometimes into six figures. 

 

[I see this all the time, BTW.]

 

Why? Because no one ever explained the overall need and then asked them to give their best gift toward that need. 

 

Seems too simple? It's not.

 

Click below to read the rest of the article.

CLICK HERE to read the Forbes Article.

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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