Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

Organizations are always making miracles happen on tight budgets. Above all, planning for financial sustainability comes down to Budgeting and Expenses: First, sit down with your accountant. Need more help with your budget? A penny saved is a penny earned.

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A Bevy of Budget-Friendly Webinars for You

Kivi's Nonprofit Communications Blog

We have done some major rearranging to our webinar schedule to meet the changing needs of our community. We also know some of you could do with some less expensive options so we have FOUR $20 webinars on our Training Webinar Schedule in the next month.

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Deliver this Budget to Drive Marketing Impact: Comms Plan Pt1

Getting Attention

The hands-down, most hated and most frequently-avoided marketing task is budgeting. Now’s to get past this bias and take the time to absorb this four-part series on budgeting guidelines. You’ll learn the value a budget brings to your work as it translates the actions outlined in your marketing plan into expense. Start building your budgeting skills and confidence right now: Q: I have a to-do list a mile long.

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Why nonprofit budgets should be developed in alignment with strategies

iMarketSmart

Unfortunately, their marketing budget for the following year was reduced by 50%. So, the powers-that-be cut the marketing budget for the next year (this year) by 50%. According to Aberdeen Group’s 2013 Survey Report , 48% of respondents indicated that they have difficulty aligning operational execution with financial planning, budgeting, and forecasting. For instance, if you have a 3-year strategic plan, then you should have a 3-year budget.

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Nonprofit Communications Budgets: How Big Should Yours Be?

Kivi's Nonprofit Communications Blog

I know many of you are working on your 2017 budgets now, so rather than make you wait until mid-January to get the budget information from our 2017 Nonprofit Communications Trends Report, I’m sharing it with you today. I hope you can use this data to make the case for increasing your budget! Here’s how to read this graph: Find your nonprofit’s overall budget size along the bottom.

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Ramp Up Your Marketing Budget to What You REALLY Need: Nonprofit Marketing Budgets, Part 2 (of 4)

Getting Attention

Once you review those goals with leadership, and get approval, then clearly and concretely connect the dots between your proposed budget and what you want to accomplish in a way that’s easily accessible. All too frequently the barrier to a sufficient budget is that your colleagues (staff and leadership) don’t understand what communications really is, what it can accomplish and what it takes to do it really well. Nonprofit Marketing Budgets: Part One.

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Budgeting for Bequests

The Nonprofit Consultant

They will nearly always be unexpected, and are not something you can put in your budget. bequests budgeting donors fundraising individuals Nonprofit stewardshipOne thing about shelter-in-place; I’ve been going through notes and files and finding half-written ideas for blog posts that never made it here.

Revisiting the University Budget Clowns

NonProfit Branding

The last post expressed this heresy: despite self-serving claims by university administrators, higher education budgets are driven by political constituencies, not by institutional priorities. This budget circus is an adverse environment for the radio station without a strong internal constituency.

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5 things you should do when you get a big bequest (to ensure that your marketing budget increases!)

iMarketSmart

Request the budget. Related posts: >> Why nonprofit budgets should be developed in alignment with strategies. >> The Secret: Why people make major gifts and bequests. The post 5 things you should do when you get a big bequest (to ensure that your marketing budget increases!) My pal ( Tricia Benson ) used to work at Human Rights Campaign.

Ramp Up Your Marketing Budget to What You REALLY Need: Nonprofit Marketing Budgets, Part 2 (of 4)

Getting Attention

Once you review those goals with leadership, and get approval, then clearly and concretely connect the dots between your proposed budget and what you want to accomplish in a way that’s easily accessible. All too frequently the barrier to a sufficient budget is that your colleagues (staff and leadership) don’t understand what communications really is, what it can accomplish and what it takes to do it really well. Nonprofit Marketing Budgets: Part One.

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[Guest Post] Telling Your Story In the Grant Proposal Budget

Fundraising Coach

So naturally, when a reader asked about how to share his story in the budget section of his grant applications, I reached out to Diane! Serendipitously, it turns out she's giving a webinar on "How to Write a Bulletproof Grant Budget" in September! Telling Your Story In the Grant Proposal Budget. Budgets are not an afterthought. Sadly, the budget often feels like a step-child to the proposal itself. I'm thrilled to introduce you to Diane H. Leonard, GPC.

No Virginia, Your To-Do List is NOT Your Marketing Plan: Marketing Budgets, Part 1

Getting Attention

The hands-down, most hated and most frequently-avoided marketing task is budgeting. But I urge you to get past this bias and take the time to absorb this four-part series on budgeting guidelines. You’ll learn the value a budget brings to your work as it translates the actions outlined in your marketing plan into expense. Start building your budgeting skills and confidence right now: Q: I have a to-do list a mile long. Please share your budgeting story here.

Tight Budgets and Schedules: How Nonprofits Can Use Pinterest

J Campbell Social Marketing

I had the distinct pleasure of being interviewed by Cynthia Sanchez of the Oh So Pinteresting podcast and blog – the topic: Tight Budgets and Schedules: How Nonprofits Can Use Pinterest. The post Tight Budgets and Schedules: How Nonprofits Can Use Pinterest appeared first on J Campbell Social Marketing.

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How to Create Social Media Video on a Shoestring Budget – Tips & Tools

J Campbell Social Marketing

The post How to Create Social Media Video on a Shoestring Budget – Tips & Tools appeared first on marketing for the modern nonprofit. Welcome to the first episode of Nonprofit Social Media Nerds , where we discuss and demo social media tools, tech, tips, and tricks. Most) Fridays at noon we will come to you live and discuss a topic designed to help you use your limited time and resources for social media more effectively and efficiently.

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How to Market on a Budget

NonProfit Hub

Getting the word out about your nonprofit can be tricky, especially when your funds require you to market on a budget. Since most of us don’t have that kind of money, this site says Boostability or SEOValley are good low-budget options. If your marketing budget is $0 (we’ve all gotta start somewhere), there’s still hope! The post How to Market on a Budget appeared first on Nonprofit Hub.

Use Projections to Guide Decision Making: Nonprofit Marketing Budgets, Part 3 (of 4)

Getting Attention

Dive into this third installment in my series to learn how to shape and use budget projections. I feel like my marketing budget is just made up. Secondly, tracking expenses versus projections during the course of your budget year is the only way to keep on track with your marketing budget; the equivalent of benchmarking for your marketing dollars. Assess quarterly, to make sure you’re expenses aren’t exceeding your budget, and again at year end. Budgeting

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Want a Bigger Budget for Your Planned Gift Marketing Efforts?

iMarketSmart

Here’s a strategy that will help you get a bigger budget for your planned gift marketing efforts. Try it and your budget will grow. The post Want a Bigger Budget for Your Planned Gift Marketing Efforts? Post your successes on the wall outside of your office. . That’s right. Post charts, graphs, notes, pictures (and anything else that will show everyone that your efforts are bearing fruit) right outside your office on the wall.

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What Conferences Should Nonprofit Marketers Budget for and Attend?

Kivi's Nonprofit Communications Blog

We are currently working on our FY13 budget, and I have been researching relevant professional development opportunities not to be missed. It just took place earlier this month, but start budgeting for April 11-13, 2013 in Minneapolis. I received this email today, and it’s question I get a lot. Dear Kivi, I am a new communications specialist working for an adult charter school.

When You Have a Little Extra Left in the Marketing Budget

Kivi's Nonprofit Communications Blog

Sure, it’s more common in our line of work to be short on funds, but every now and then, like the end of the fiscal year, you might just find yourself with a little left over that you’d really like to spend. That’s the situation Kathy Powell is in. She’s the communications director at Temple Sinai Atlanta , and here’s part of an email she sent me yesterday.

Show Me Your Budget

The Agitator

As we near the end of 2016 some folks will be checking the rear-view mirror to determine how they did and whether they met their goals. Others will be looking out the front windshield and focusing on their plans and goals for 2017.

Is Your Marketing Budget Properly Aligned With the 80/20 Rule?

iMarketSmart

Here’s a quick and easy worksheet to help you see if your budget is appropriated properly with the 80/20 rule. The post Is Your Marketing Budget Properly Aligned With the 80/20 Rule? In 1906 an Italian economist named Vilfred Pareto discovered that 80% of the land in Italy was owned by 20% of the people. He further expanded the concept by observing that 20% of the pea pods in his garden contained 80% of the peas.

Using Inkind Donations To Help You Grow Your Nonprofit

Get Fully Funded

Yeah, it would be nice to have your organization’s logo on the tote bags, but if money to purchase tote bags isn’t in the budget this year, the donated ones will work just fine. The value of the gift was more than $175,000, far exceeding the Board’s annual budget at that time of $99,000.

Why a Zero-Based Budget Isn’t a Good Budget

NonProfit Hub

When it comes to budgeting however, that isn’t always the case. Zero-based budgets are built on the idea of in-depth scrutiny of every aspect of an organization. The budget is created “from scratch” by starting at zero, then increasing only based on need and analyses of expenditures. At first glance, zero-based budgeting seems to have a lot to offer. In theory, ZBB aims to guarantee that each piece of your budget is necessary and rationalized.

Nonprofit Budgeting: Making Money Go Further

NonProfit Hub

Here’s the biggest truth bomb that nobody is exclusively talking about when it comes to nonprofit finances: there’s no way for us to tell you exactly how your nonprofit’s budget should be spent. Luckily, there are still some best practices that apply when thinking about your budgeting and the year ahead. Here’s a quick list of key information you’ll need to include on your Form 990 that should help you with budgeting moving forward: A concise summary of your mission.

When and How to Pay Yourself a Nonprofit Salary

Get Fully Funded

Going From Volunteer to Paid Employee To get an idea of when you can start earning a nonprofit salary, you need to examine your budget and revenue forecasts. If you don’t have a budget, well, that’s your first assignment. Examine the revenue side of your budget.

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6 Reasons Why Planned Gift Marketing Budgets Are So Small

iMarketSmart

Here are the reasons why planned gift marketing budgets are so small: 1- Tension. The post 6 Reasons Why Planned Gift Marketing Budgets Are So Small appeared first on MarketSmart. Michael Rosen and some others contributed to this article on my group on LinkedIn (Smart Planned Giving Marketers). I thought the information was very smart and thought I’d share it. Every dollar invested in planned giving is a dollar taken away from current mission fulfillment. 2- Misunderstanding.

5 Tips for Low-Budget Cause Marketing

Selfish Giving

The majority of calls I take on cause marketing are from budget-conscious small nonprofits raising anywhere from a few hundred thousand to a few million a year. What they all share is exactly the same question: what are some low-budget and easy ways I can get started with cause marketing? These are my five tips for low-budget cause marketing. Tags: Cause Practices cause marketing cause-related marketed foursquare low-budget

Nonprofit Taxes Made Easy: A Quick Guide for New Founders

Get Fully Funded

Budgets and number crunching ManagementIf you’re just getting started in the nonprofit world, you likely have a ton of questions surrounding effective practices and keeping your organization above board.

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Where are you spending your marketing dollars?

iMarketSmart

Fundraising Major Giving Planned Giving best practices for fundraising cost to raise a dollar formula donor cultivation fundraising roi benchmarks how much do nonprofits spend on advertising major gift fundraising non profit marketing budget template non profit marketing spending nonprofit communications budget nonprofit marketing budgets sample marketing budget for nonprofit Philanthropy Strategy

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#PROAGING: Republican Budget Realigns Medicare But Ignores Long-Term Care

Non Profit Marketing 360

The Rand budget also privatizes the Transportation Security Agency (returning it to the status it was on September 11th, 2001 ? Paul, DeMint, and Lee propose FY2013 Budget. As the debates over budget cutting continue, Republicans are taking a notable political risk by posting cuts to a constituency that would largely vote for them.

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How Does Your Planned Gift Marketing Budget Compare With This Chart?

iMarketSmart

Included in the form is a question that asks, “What is the size of your planned giving marketing budget?” How does your planned gift marketing budget compare? Notice that 31% of colleges or universities have planned giving marketing budgets that exceed $100,000 per year. The post How Does Your Planned Gift Marketing Budget Compare With This Chart? This is not a scientific study by any means.

Jeepers creepers! Eliminate your fear about grant budgets!

Get Fully Funded

Unfortunately, the thought of creating a budget to go with the narrative or the application strikes fear in the hearts of the bravest Fundraisers. Here are some ideas to help you overcome the fear and be on your way to creating a successful budget. Now, let’s have a look at what a program budget for a grant really is. A program/project budget is more than just a list of expenditures. If the funder has a specific budget form or format, use it.

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Budgeting and measuring online conversations

GenerationYGive

She noted that many people think of online efforts in terms of campaigns and budgets-a campaign ends once a budget for that campaign runs out. Special note: I am updating my blogroll with many of the cool blogs I learned about this week. Keep an eye out for the next week or so for new adds. The last few days have been crazy! I attended 2 conference on social media and web 2.0. Complete information overload.

GM Nixes Facebook Ads Budget, Nonprofits Should Follow Suit

Blue Sky Collaborative

From an article on MSNBC: "In mid-May, just ahead of Facebook’s IPO, GM’s marketing executives said they would pull $10 million in advertising from the social network after judging the efforts had “little impact” in reaching consumers.GM, the third largest. Free Resources for Nonprofits Fundraising Tips Online Fundraising Social Media and Nonprofits

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Get UnStuck! Boost Marketing Impact w/o Extra Budget or Hires [THIS WEEK]

Kivi's Nonprofit Communications Blog

Here are three compelling reasons—based on research findings to reassure your boss and board—to start helping your colleagues market your cause a.s.a.p.: 1) You’ll never have enough time, talent on hand, or budget to communicate the way you need to. You know what you need to do, and the difference that would make, but can’t get beyond the limits of time, expertise, and budget. Flickr: bobjagendorf.

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Smart Ways to Make a Small Marketing Budget Go Far

Kivi's Nonprofit Communications Blog

Pacific), I’ll be answering your questions live during a Chronicle of Philanthropy chat on “ Smart Ways to Make a Small Marketing Budget Go Far. &# It’s part of my Virtual Book Tour. At Noon Eastern today (9:00 a.m. You’ll be able to review the transcript even if you can’t make the chat live. Watch later today for an interview that Katya Andresen did with me for The Nonprofit Marketing Blog (update: here it is ).

3 simple steps to conduct predictive analytics on a shoestring budget

iMarketSmart

So I thought I’d give you 3 simple steps to do it on a shoestring budget. The post 3 simple steps to conduct predictive analytics on a shoestring budget appeared first on MarketSmart | . Predictive analytical modeling can help you understand and predict who might likely become a major or planned gift donor for your nonprofit fundraising efforts. It’s powerful.

6 Ways to Utilize Your Foundation’s Year-End Communications Budget

Mission Minded

The post 6 Ways to Utilize Your Foundation’s Year-End Communications Budget appeared first on Mission Minded. The end of the year is approaching and, for foundations and others, that means it’s time to consider how you. Blog Foundations

How You Can Print and Mail Without Breaking Your Budget

Ann Green

Increase your printing and mailing budget. Can you budget more for printing and mailing? If you can’t increase your current budget, find additional sources of unrestricted funding to cover these costs. It’s possible to print and mail without breaking your budget.

August Webinars: Email Prospect List, Personality, Low Budget, Donate Pages

Kivi's Nonprofit Communications Blog

Wednesday, August 12: Nonprofit Marketing on Next to No Budget. We’ll look at the five frugal marketing strategies that are must-dos in this recession, where to spend what money you do have and what you can probably do without, how to cut your print marketing budget in half, my favorite free services for nonprofit communicators, and more. Here is our August webinar lineup.

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Double Budget

Mission Paradox Blog

During my early days I would keep two budgets for artistic events.    If a designer was cutting me a break and working for 1/3 of their normal rate I would note that in my double budget.   Having the other budget on hand is a constant reminder of the need to generate more resources.  It's important to remember what things actually cost, even if you're not paying some (or all) of those costs.

Who is more important… your donors or the beneficiaries of their gifts?

iMarketSmart

Related posts: >> Is your marketing budget properly aligned with the 80/20 rule? >> Why nonprofit budgets should be developed in alignment with strategies. Fundraising Major Giving Planned Giving strategy non profit operating budget non profit organizations budget planning nonprofit budget best practicesOrganizations spend a lot of time and effort focusing on what they will do with the money they receive from donors. And, that makes plenty of sense.

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Build Your Nonprofit Budget like a Boss in 7 Easy Steps

NonProfit Hub

In the midst of the end-of-year preparation, don’t neglect one simple task that can set up your organization for a successful year—developing a budget. Putting together a budget will help guide your spending and also plan for where your income will come from. Creating your nonprofit budget isn’t as simple as copy and pasting last year’s numbers. The best practice (to start developing your budget) is November 1. Instead, nonprofits should budget for a surplus.