Park East Bookkeeping for Non Profits

Imagine someone wants to donate a huge gift, potentially one of the largest your nonprofit has ever received. However, you’re not entirely sure how to accept it. You take it to the decision-makers in your nonprofit, and they, too, are conflicted about how to address the gift. https://lnkd.in/g4hhFpbC

Nonprofit organizations play a crucial role within the communities they serve, acting as frontline agents of change for the most vulnerable populations while facing persistent challenges. With demands often exceeding capacity, Nonprofits must look for ways to modernize their infrastructures to support their ability to work more efficiently, effectively manage donor contributions, and gain data insights into how funding is directly contributing to mission results. https://lnkd.in/gRb_XTbi

Despite these challenges, 56% of nonprofit leaders admitted that their organizations do not create donor engagement strategies, according to a new research report from NonProfit PRO. For those who did have donor engagement strategies, the most common tactics were digital communications, events and face-to-face communications https://lnkd.in/gFebAFaT

In a remarkable display of strategic messaging, the Democrats raised a staggering $540 million in just over a month since Vice President Kamala Harris joined the presidential race in July by centering their campaign around a single, potent word: “freedom.” This isn’t just a testament to the power of political fundraising; it’s a masterclass in leveraging human psychology to galvanize action. https://lnkd.in/gji2Na38

Securing and engaging new donors who are also willing to volunteer is a major challenge facing the nonprofit sector. Research shows that more than half of volunteers who decide to donate made the conscious decision based on their previous experiences with the nonprofit. On average, those who volunteer their time and skills to nonprofits are 10 times more likely to donate than non-volunteers. It’s clear that many donors who give financially are also eager to be involved in other impactful ways. This is especially true for the Gen Z demographic, even though they may have less money to give overall. https://lnkd.in/gfWSGYdv

During a time of economic uncertainty and instability, more than half of nonprofits polled (53%) say they have struggled with adequate staffing and turnover during the last year, while more than four in 10 are also finding it hard to secure funding. https://lnkd.in/gVy7qShW

That doesn’t mean the next generations’ giving habits will reflect their parents’ tendencies. Even further, the same fundraising strategies that might have worked for our older generational donors might not apply to the digital-first, tech-savvy and discerning younger generations. https://lnkd.in/gtVpfU3U

Imagine that your nonprofit expanded your reach to hundreds or even thousands of new supporters overnight. Corporate partnerships can be instrumental in boosting nonprofits’ mission, enabling them to better serve their community, reach goals and gain more supporters almost instantly. However, creating new partnerships with companies can be a challenge. https://lnkd.in/gjQeer6Q

Eligible applicants include State Service Commissions, nonprofit organizations, institutions of higher education, local governments, and Native Nations. Funding from this competition will support tens of thousands of Americans as they complete terms of service in their communities, addressing urgent needs like education, housing and food insecurity, economic opportunity and environmental stewardship. https://lnkd.in/gxZ_5z-e

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