opportunities. Johnson says, â€śBe sure youâ€™re aware of exactly what funders are interested in and that the mission of your nonprofit aligns with those goals.â€ť 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 youâ€™re using all media platforms to advertise your organization. For example, LPTM uses social media site Facebook to keep funders abreast of its progress.