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6 Steps to Establishing a Donor-Advised Fund Strategy

NonProfit PRO

Vicky Kelberer, research and strategy group manager at Vanguard Charitable, kicked off NonProfit PRO's NonProfit POWER event yesterday with a keynote address. Here are the six key steps she suggested nonprofits should take to create a donor-advised fund (DAF) strategy.

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How to Raise Funds for a New Nonprofit

Get Fully Funded

Figuring out how to fund your vision can feel like a steep mountain to climb. Should you fund your work out of your own pocket? Here’s something to keep in mind, starting now: self-funding a nonprofit is not sustainable. To fully fund your mission, you have to become a fundraiser. Where do you start? Just beware!

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5 Ways Nonprofits Can Diversify Funding in 2023

Nonprofit Tech for Good

Diversifying your funding is critical to your nonprofit’s stability and ability to achieve your mission. With the ups and downs of the past few years, many nonprofit organizations that were heavily dependent on just one or two funding sources found themselves in a tight spot. Peer-to-Peer and Team Fundraising. Major Gifts.

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Building Resilient Funding Models: Essential Tips for Nonprofit Finance Professionals

sgEngage

Finance plays a crucial role in building a sustainable and scalable funding strategy. By actively bringing together different departments and leading discussions around revenue diversification, you can set measurable goals, evaluate the ROI of each funding source, and make informed decisions about where to invest time and resources.

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Three Organizations Invest $40M in Seed Funding for Black-led Nonprofits

NonProfit PRO

Ballmer Group, Echoing Green, and New Profit announce funding for a new initiative to address the systemic funding gap for Black-led nonprofit organizations in the U.S. The grant will fund a five-year initiative to build leadership and sustainability of Black-led organizations focused on economic mobility.

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Communicating with Donors in An Uncertain Funding Environment

sgEngage

Office of Management and Budget (OMB) issued a memorandum to all executive departments and agencies requiring that Federal agencies identify and review Federal financial assistance programs and temporarily pause funding for these programs. The order was quickly challenged in court and the ultimate impact is not yet clear.

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Chinese AI startup Zhipu secures over $140 million in new strategic funding

TechNode

Chinese AI startup Zhipu announced today that it has raised over RMB 1 billion ($140 million) in a new strategic funding round. Investors include Hangzhou government-backed firms, with the funds aimed at advancing Zhipus domestically developed GLM foundation model and expanding its AI ecosystem. million) in funding on Dec.

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