Uplifting the Next Generation

opportunities. Johnson says, “Be sure you’re aware of exactly what funders are interested in and that the mission of your nonprofit aligns with those goals.” Considering the current economy, establishing a relationship with a funder can sometimes take more than three years.

Create a realistic budget. Quick, Brown, and Johnson produced three organizational budgets (one low-end operational budget, one mid-level operational budget, and one high-end operational budget), allowing them to have a budget that was on a sliding scale and could smoothly be adjusted without adversely affecting the quality of service. This allowed them to prioritize what functions would be halted in case of a decrease in revenues.

Be visible. Make sure you’re using all media platforms to advertise your organization. For example, LPTM uses social media site Facebook to keep funders abreast of its progress.

Pages: 1 2 3