by Richard Perry | Apr 24, 2024 | Budget, Budgeting, Budgets, Donor Journey, Donor Pipeline, Economics of Major Gifts, Finance, Return on Investment | Budget, Budgets, Economics, Finance, Fundraising, Pipeline Development
This blog post is the fifth in a series of six titled, “The House Your Donor Lives In.” The thing about fundraising budgets is that they are often allocated to various fundraising activities based on internal politics and/or history of spending. By...
by Richard Perry and Jeff Schreifels | Jan 26, 2024 | Budget, Budgeting, Goal Setting, Individual Goals, Planning | Budget, Budgets, Finance, Goal-setting
When we work with fundraisers on goal-setting for individual donors, we recommend that they create both a budget goal that aligns to the organization’s official budget AND an aspirational goal to help them dream big about opportunities to partner with their donors for...
by Richard Perry and Jeff Schreifels | May 5, 2023 | Budget, Budgeting, Budgets, Communications, Fundraising, Marketing, Non-Profit Leadership, Organization Structure, organizational structure | Budget, Budgets, Finance, Strategic Plans, Structure
It’s budget time. And the debates begin. How much budget to allocate for fundraising? How much for communications? How much for marketing? And those debates migrate to who owns each of the functions. One non-profit leader believes that it all belongs together, and...
by Richard Perry and Jeff Schreifels | Jun 21, 2021 | Budgeting, Economics of Major Gifts, Expenses, Forecasting, revenue forecast | Economics, Major Gifts
Third in a Series: Creating Major Gift Forecasts and Budgets For anyone starting (or revitalizing) a major gifts program, one of the biggest obstacles will be figuring out how much you can (and should) spend on the program. Well, here is how we think about it, and...
by Richard Perry and Jeff Schreifels | Jun 18, 2021 | Budgeting, Economics of Major Gifts, Expenses | Budgets, Economics, Major Gifts
Second in a series: Creating Forecasts and Budget for Major Gifts “She just needs to raise two times her annual salary in the first year, and we’ll be doing well.” Jeff and I don’t know who came up with this idea, but it’s way off. It’s not based in reality on the...