(Adapted from Boards
That Love Fundraising: A How-To Guide For Your Board)
This requires a development plan, which is a blueprint for raising the funds required to achieve the goals stated in your strategic plan. It is the board's responsibility to direct staff to prepare a fundraising plan, or to commission a consultant to do so. If you choose to proceed without a consultant, the fundraising committee must help staff determine strategies and set goals. The staff is then responsible for drafting the plan for the committee's review. Once the plan is completed, the fundraising committee is responsible for monitoring the implementation of the plan and reporting to the full board on developments.
The committee must next consider what the organization will be doing three years from now. Which current projects will be continued? expanded? eliminated? What new projects might be initiated? Money is not a factor at this point. When your organization begins its systematic effort to raise funds, certain projects may fall by the wayside. At this stage, however, the planning committee should concentrate on the projects that your nonprofit hopes to operate within the next three years. Once all projects are listed, they should be arranged in priority order. Now that you've decided what you want to raise money to do and how much you'll need, it's time for or planning committee to review your organization's fundraising efforts to date and to plan future development efforts.
Your Fundraising to Date
Strategies for Fundraising
this is not a simple task. If you don't have an experienced director
of development on staff, you might consider employing a fundraising
consultant to assist with this portion of the assessment. Once these
questions have been answered, you're ready to prepare a formal fundraising
It is critically important that nonprofit organizations leave behind the "hand-to-mouth" fundraising that has bedeviled our sector. With the systematic planning approach described above, your nonprofit will be equipped to seek funding in an effective and timely fashion.
P.S. For a list of questions about your fundraising to date email.
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