Nonprofit Leaders: Tapping Your Line of Credit Every Year? Look at Your Fundraising Model

Nonprofit GrowthDevelopment
Written By Sherry Quam Taylor

If most years…

  • You tap into your line of credit…

  • You plan for a deficit budget…

  • You struggle with cash flow…

 

You also have a fundraising problem.

 

But, before you just jump into more appeals, more events, or more campaigns, there’s likely some work that needs to be done with your model and overall annual strategy.

 

With a High-ROI model and hours-to-dollars aligned strategy, your development team knows exactly what they need to do all year long to fully fund your organization. They know which events and appeals to stop. They know how many relational hours vs. transactional hours a week they should plan for. 

 

In short, they know what to stop doing…and start doing.

 

Making this shift is pretty straightforward. But, if you haven’t done it before it feels counterintuitive when the entire sector is telling you that your nonprofit will always be underfunded.

 

That’s not true.

 

Last thing I’ll say about this. So many leaders say, “We can’t invest in X because we have a deficit budget.” If that were my organization, I’d move money in my budget over to relational revenue generation skills. I’d even take it away from programs for a time. That statement alone indicates the team doesn’t have the skills to raise to the organization’s true need. 

 

I want you to know there is a way out of this. It’s not fast…but it’s clear. If you want help with this you can apply to work with me here.

Whenever you’re ready to “start doing,” there are THREE things you can do next:

👣 Follow me on LinkedIn where I share insider fundraising info daily — the same lessons I teach my clients through my consultancy about securing larger major gifts and diversifying revenue.

🍎 Get Resources + White Papers — download robust resources you can use to push against the nonprofits sector’s scarcity mindset, equip your board, and shift your entire team into high-ROI fundraising.

📈 Work with me to fully-fund your nonprofit organization’s strategic plan and aspirational budget. If you’re a business-minded nonprofit CEO or Executive Director with big growth plans but need to make charitable revenue from relational donors a bigger part of your budget, 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