financing your charity
“An investment in knowledge pays the best interest.” – Benjamin Franklin
the path to financial sustainability and income growth
charities that invest in long-term capacity-building and infrastructure create the foundations for enduring impact. the core components of financial resilience and long-term success, include the following critical success factors:
- strategically aligned programs: programs aligned with your mission amplify impact and attract more money.
- income diversity: a diverse income portfolio shields charities from over-reliance on a single source, ensuring resilience in the face of economic headwinds.
- strong funding relationships: building and maintaining robust funding relationships and partnerships fortify the financial backbone of charities.
- external market position: strong visibility and engagement with your target audience attracts more support and resources.
- financial management: charities with a track record of strong and transparent financial management attract support from donors and funders.
- good governance: accountable governance establishes trust and confidence among funders and stakeholders.
- communicating impact: articulating success and demonstrating impact supports the narrative to attract more money for your mission.
financially sustainable charities are well-equipped to grow income and impact, weather economic challenges, and manage risk. it allows charities to build capacity, train staff, innovate, expand, and adapt programs to maximise their impact.
click here for your income growth assessment with better charity, your boutique charity consultant partner.
a game-changing analysis to make your charity’s money flow
attracting the money you need to achieve your charity’s goals
an Income Growth Assessment is a fundamental component of a financing plan for your strategy.
in summary, an Income Growth Assessment analyses the alignment of your money, mission and marketing. it informs strategies to bolster your money-raising capabilities. and it acts as the catalyst for change, inspiring your board and staff to open the doors to financial prosperity.
better charity’s Income Growth Assessment includes:
- research phase – a short online survey and one-on-one discussions with your board, executive staff and key money-raising personnel to understand how your financing model works
- income growth assessment – assessing how your strategy, staff and volunteer capabilities, programs, marketing and partnerships align with your financing model. it also helps to identify programs which are mission rich, but cash poor.
ready to explore the possibilities?
before commencing a financing plan you can assess your money-raising potential here. if you choose to progress to a financing plan, the cost of the Income Growth Assessment will be deducted.
start now and embark on a journey to unlock your charity or nonprofit’s full income potential.