Weathering the economic storms lies in nonprofits’ ability to find new funding sources.

By Heather Burton

Points to keep in mind
Seven key indicators help set the stage for success, regardless of which diversification initiatives you determine are right for your organization.

● COMMIT to fundraising and development.
● Set a BUDGET — it takes money to make money.
● Have dedicated STAFF.
● Embrace TECHNOLOGY.
● Set REALISTIC but aggressive expectations.
● Implement small, SUSTAINABLE changes.
● Remember that it takes TIME.