The LinkedIn for Nonprofits Weekly Digest
Another Friday is finally here. After a busy week, including a National Day of Service for those in the U.S., we’re inspired to look ahead and read up on proven ways to create strategies for long-term growth and effective crowdfunding.
This week’s articles consider how building relationships can prevent donor fatigue and more effective philanthropy. You’ll also discover steps you can take as a leader to grow your organization and expand funding for the future. Plus, you’ll learn some of the top trends for nonprofits in 2022. Pour a cup of coffee, and let’s dive in.
Here are five must-read articles for nonprofits this week:
1. 5 Questions to Help Leaders Achieve Growth Amid Uncertainty (Harvard Business Review)
After grappling with the uncertainty of the pandemic for two years, leaders have had to shift focus to crisis management. But as we begin to see a light at the end of the tunnel, HBR shares five questions leaders should ask to prioritize growth again. From developing strategies to networking to adapting, these tips can be useful for both nonprofits and businesses alike.
2. An Upward Cycle: Fending Off Donor Fatigue with Innovation (NonProfit Pro)
Over time, the long-standing donors you rely on may lose interest or experience a change in their financial situation, leading to lessened donations. This is also known as donor fatigue. In order to remedy it, nonprofits need to ask and innovate—showing the donor why your organization’s programs are worth investing in. Inspired by lessons from Harvard Business School, this article suggests strategies to prevent fatigue and continue attracting donors.
3. 9 Concrete Steps for Building a Self-Funding Nonprofit Model (Forbes)
Setting your nonprofit up for long-term success requires planning and actionable goals. In this Forbes article, nine nonprofit leaders share their tips for creating a self-funding nonprofit model that can keep your organization thriving for many years to come. From leveraging intellectual property to analyzing your value proposition, learn what these industry leaders recommend for creating sustainable nonprofit funding.
4. Crowdfunding Explained: Small Contributions Add Up (Classy)
While it may be tempting to go after one or two major donors, garnering a large number of smaller donations via crowdfunding can pay off big in the long run. Learn how this fundraising trend can help you reach your goals for this year—and how your existing donors can help make it happen.
5. 2022 Trends Every Nonprofit Should Know (Good360)
Since the beginning of the pandemic, the way nonprofits operate has changed immeasurably. As 2022 gets underway, here are the top trends your nonprofit should be aware of this year and beyond. These trends show how you can maximize donations and plan fundraising events that embrace your virtual donor community, while maintaining social distance.
To get the latest news and resources for nonprofits delivered straight to your inbox, subscribe to the LinkedIn for Nonprofits blog today.