Sharing the Credit
* For US and Canadian Nonprofits
When growing my nonprofit budget from $750K to $2.5M I had to be innovative and explore different fundraising models. I am hosting an informational Zoom with Sharing the Credit and the Meridian Foundation on how they help businesses legally redirect MC & Visa fees taken out at the end of the month, and give it in pre-tax dollars to a preferred charity. Nonprofits have earned $1,500 to upwards of $30,000.
Here is some information to consider.
1. Innovation for nonprofits is important.
Nonprofit organizations are experiencing increasing pressures to be more business-like and to focus on financial outcomes for sustainability and growth. A nonprofit's mission can facilitate innovation, which has been shown to be a key mediating step in achieving superior organizational performance.
2. Diversified revenue is critical for a healthy nonprofit.Â
A diversified revenue stream can reduce financial stress during times of economic decline by relying on more than government contracts and donor pools. Alternative revenue sources provide the diversification to create a more stable organization. A sign of a healthy nonprofit organization is a diversified budget that does not have more than 20% of its revenue from one source.
Informational Session hosted By:
Sabrina Walker Hernandez, MPA
President/CEO, Supporting World Hope
Your Facilitator: Sabrina is a certified consultant, coach, & facilitator that helps small nonprofit Staff & Board build relationships that convert into more donors. She has over 25 years of experience in nonprofit management, fundraising, and leadership. Among Sabrina’s successes is that she increased operation revenue from $750,000 to $2.5M and completing a $12M comprehensive capital campaign in the 3rd poorest county in the United States. She has facilitated numerous workshops with hundreds of nonprofit professionals. Sabrina is certified in Nonprofit Management by Harvard Business School. She is an active community leader and volunteer in Edinburg, Texas where she is based.
