Recommended content of the month
Colorado Gives Day is Coming!
NFP Partners believes in giving back and supporting the nonprofits in Colorado and across the country! For the second year in a row, we’re accepting the Corporate Challenge to inspire our employees to give on Colorado Gives Day, our state’s annual day of giving.
To learn more about Colorado Gives Day, click here.
END OF YEAR SELF-CARE TACTICS FOR ACCOUNTANTS
With 2022 winding down and 2023 right around the corner, stress levels begin to rise while the long list of to do’s seem endless. Because of such, NFP Partners thought it would be a good idea to help you pen down some good self-care tactics going into the holiday/year-end/tax season.
Hopefully, these ideas will help you find a way to enjoy the holiday downtime. These ideas should also help you efficiently check off as many items on your to-do list and go into 2023 feeling refreshed.
Launching A Strong Year-End Fundraising Campaign Amid Economic Uncertainty
By BDO – Adam B. Cole, Andrea Espinola Wilson
Economic volatility is threatening many nonprofits’ financial outlook. Some may be experiencing poor returns on investments, while others may be navigating reduced donor contributions amid rising consumer costs.
As organizations look to adapt and reassess revenue streams, they should consider how a year-end giving campaign can provide a much-needed funding boost and help improve resilience into 2023. Here’s what nonprofits should keep in mind as they look to engage donors through the balance of this year and beyond.
Communicate impact and importance
As the cost of consumer goods rises, recurring donors may not be able to give as much or as frequently as they normally do. However, the contributions they are able to make are still valuable – and year-end fundraising campaigns should make sure this is clear. Every dollar matters, and donors should know that the funds they are able to offer will have a positive impact.
In addition to communicating the impact of donations, nonprofits should make sure that year-end giving campaigns make a compelling case for why funds are needed now. Why is the mission especially critical at this moment in time? Is there increased constituent need? How can donors make a difference today?
Giving Tuesday Added $3.1 Billion To U.S. Nonprofit Coffers
By The Nonprofit Times – Richard H. Levey
GivingTuesday 2022 generated $3.1 billion for U.S.-based nonprofits alone, a 15% increase compared to 2021’s $2.7 billion and a 25% jump from 2020’s $2.47 billion, according to the statisticians at GivingTuesday Data Commons.
The now 10-year-old global fundraising and service event held on Tuesday, Nov. 29 saw more than 37 million funders within the United States participate. Globally, people in an estimated 85 countries participated in GivingTuesday.