Stretch Budgets Don’t Set Up Your Nonprofit Team For Success

Nonprofit GrowthDevelopment
Written By Sherry Quam Taylor

CEOs - There are two words that just might be keeping your board and development team from fully funding your nonprofit's budget every year.

 

Those two words? 

STRETCH BUDGET

Ask yourself these questions:

❓Do you need $4.5M to kinda just get by and really hope to get an additional $500K if you’re lucky?  

❓Or, do you need $5M this year to accomplish your mission or not? (Only one approach helps your team raise to their goal.)

💣Stretch budgets don’t set your team up for success.

Your Fundraising team needs to know how to create a true plan that propels them to reach the true $5M need. Why would your team set their fundraising goal on a number they HOPE to reach?

Now, CEO, you've got to keep your end of the deal also….have you trained and equipped your team to actually do this? That is, use every hour wisely to secure all your donors' best gifts?

If no, 2024 might be your year to train your team, equip them with the tools they need to 2X-5X gifts, and invest in teaching them how to reach or exceed that goal every year.

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 growth-minded Nonprofit CEOs who are scaling their organizations but still need larger amounts of general operating support to truly grow. She breaks their teams free from the limitations of transactional fundraising and helps them reimagine their entire approach to revenue generation.

The high-performing leaders Sherry works with want to find and secure more unrestricted revenue from investment-level donors. They simply need more funding to do what’s in their Strategic Plan. To achieve this, she transforms their teams and boards into high-ROI revenue generators - revealing how they can align every hour they spend fundraising with new principles that double and triple donation sizes.

As a result of learning her methodology, Sherry’s clients regularly add 7-figures of gen-ops revenue to their bottom line by learning how to attract investment-level donors that WANT to fund their work. But the biggest transformation they experience is knowing the exact strategy, path, and team that will propel them to generate the 2-10X dollars their strategic plans require.

Sherry attributes the success of her business to her passion for modeling radical confidence to the future CEOs in her house - her two teenage daughters.

https://www.QuamTaylor.com
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