I assume you’re not spending your nonprofit’s money to hold lavish parties. (If you are, stop.) Other than that bit of wisdom, I do not have tips to cut costs for your nonprofit (join Costco?). But that’s mostly a losing game, I think, trimming operations and trying to squeeze pennies out of the expense side of the ledger. Suriving and thriving is, over the long term, about building a committed, passionate base of supporters, not about reducing your phone bill (try Skype?). There is no magic shortcut and no secret handshake to get the funding you need. Instead, there is only a long-term prescription for organizational health: “Always Be Cultivating”
Your Brand is your Most Important Asset. In these times, authenticity, accountability, transparency and impact are the key words. Of course, you can’t just throw those words around, you need to determine your own authentic identity. My hunch is that successful nonprofits, though, are already living those words and it’s just a matter of cultivating the brand image. Great examples of brand winners include charity:water, kiva.org and Acumen Fund.
- “Another matched fund up yesterday – 30 days to match $10k for the Whitechapel Gallery…”
- “Over $25k donated today – not bad going! Orangutans in the lead…”
- “$12k matched in the first 10 minutes”
- “30 minutes to go til Darwin’s Natural Selection fund launches”
- “Gearing up for the next matched funding rush on Monday!”
On the flip side, here’s a great Twitter stream from an environmental nonprofit:
- “Goat Milk for lather, Honey for its natural sweet scent, and Oatmeal for gentle exfoliation. Soap in our shop http://is.gd/rBoI“
- “This guy makes a solar cooker out of 2 cardboard boxes, wins 75k and may save forests. How cool…http://twurl.nl/oc3pko“
- “New post: Why Is This Egg Different from All Other Eggs?http://is.gd/rv5n“
- “Let the sun shine onto your outside solar lanterns. http://is.gd/rrnO“
- “Guide for kitchen countertops. Icestone, Vetrazzo, granite or wood.http://is.gd/riVi“
My rule of thumb is that you should aim to have at least 5 tweets that are not about your organization for every one tweet that is specifically about your organization. Anything more is probably overly self-involved.
If you can provide that kind of opportunity for association and positive identity, then when you need to raise funding for a new project or to cover an operational shortfall, your passionate supporters will be more than happy to chip in.
June 11, 2009 at 12:02 pm |
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