FORBES Nonprofit Council // How Nonprofits Can Use Fundraising To Fix Cash Flow Issues

Nonprofit GrowthDevelopmentFORBES Nonprofit Council
Written By Sherry Quam Taylor
Image of Sherry Quam Taylor with title of blog, "New Forbes Council Article is Live - How Nonprofits Can Use Fundraising to Fix Cash Flow Issues".

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: 
How Nonprofits Can Use Fundraising To Fix Cash Flow Issues

CLICK HERE to read the Forbes Article.

Today my contribution to Forbes Nonprofit Council is all about CASH FLOW! 
 

In my time working with nonprofits, I've found that few phrases make board members sit up straighter than: “We need to tap the line of credit - again.”

 

The instinct is often to treat this as a a fundraising or budgeting failure. But in reality, it's often a cash flow issue.

 

I don't need to tell you that cash flow is about timing - when dollars come in versus when expenses must be paid out. And in the nonprofit sector, timing can be notoriously unfriendly. 

☑️Government reimbursements can arrive months late or get cut altogether. 

☑️Program revenue keeps an organization afloat for most of the year, only to leave the team squeezed in months 11 and 12. 

☑️Project-restricted grants fund important work, but can't make up for general operating needs.

 

So, can fundraising fix a cash-flow issue? Yes. 

Can it prevent you from tapping the line of credit every year? Also, yes. 

 

But not the way most teams try…

 

Click below to read the rest of the article. Then, hit reply & let me know what you think!

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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Nonprofit Fundraising Events Are Misleading