Staley Consulting provides turn-key services for community-based organizations interested in developing alternate operating revenues. Below are non-tax revenue sources commonly utilized by community organization to provide operating revenues, such as fees, sponsorships, net revenue enterprises, partnerships, and annual giving programs. Staley Consulting can assist your organization discover resources whether you are looking for total project management or basic funding guidance.
Fee based revenues are generated from direct sales of facility use and program activities to those who participate in community-based facilities and associated programs.
A capital campaign is a fund-raising strategy to raise a relatively large amount of funds over a short period of time for a defined project. Success is achieved through generating bandwagon style support in the community. Campaigns with goals that involve large sums of funding are rarely successful, unless they follow the strategy of conducting a silent phase prior to a public phase.
Two or more organizations united by common strategy that enable each of the partnering entities to achieve results exceeding those that might be attained through their individual resources. An example may be by co-locating each organization contributes assets to the other without giving up cost. The customers of one drive customers to the other. The positive brand of one cast positive imagery to the other.
Money generated through product sales, payment for services, and other business opportunities. It is unrestricted renewable income that creates the path toward sustainability and enhances an organization’s mission. For public based organizations, it is another tool in an organization’s tool kit that can be used to add overall annual revenue. Social enterprise is not turning a nonprofit into a business, it is about applying business principles to a tax-exempt nonprofit.
Sponsorships are essentially commercial advertising opportunities for companies who want to reach customers and therefor expand market share. Providing locations within building, spots on flyers, and websites or naming of events allows companies the visibility and association of their company brand with positive community organizations.
Philanthropy is a “come from the heart” type activity. Gifts are provided that typically help a charity or memorialize someone. While there are fund raising programs to accomplish different objectives such as acquiring capital dollars for a one time project, annual giving is the process of seeking funds on an annual basis or reoccurring basis, from a constituency to enhance an operating budget, facility upgrades, or other objectives.
Research has shown that once a donor makes a second gift, they have a strong tendency to develop an ongoing giving relationship to the organization.
Staley Consulting can provide your team with a broad spectrum of training. By walking your staff through the development process your team will have a guideline in which to execute their fundraising goals. We have a variety of training options depending upon your level of need. Staley Consulting can also work with you to define which parts of the fundraising process your staff is skilled to handle, and determine the areas in which you wish to use our services, in order to make sure you have the tools to succeed.
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