4/19/22, 11:35 AM
Helping Struggling Non-profit Organizations | Robert Davis RD Heritage | Philanthropy & Community Involvement
a Helping Struggling Non-profit Organizations by Robert Davis RD Heritage | Apr 12, 2022 | Blog, Philanthropy, Robert Davis RD Heritage
You may be running a struggling non-profit that is having difficulty keeping up with costs, but you are not keen on punishing your employees with layoffs and lower salaries. So, what else will you be able to do to keep your organization stable? First, you must increase the number of operating funds that you are working with. Here are a few intelligent methods for doing just that without cutting corners: Ask Trusted Board Members for Assistance Many times, a board member is a person that is already heavily invested in your foundation. This person is either personally affected by your cause or someone who greatly believes in what your nonprofit stands for. As such, these folks are probably willing to do whatever they can to help. These fine people are typically pillars of their communities, so if they are unable to step in, they may have contacts who are willing. Look Through your Portfolio A non-profit may have investments or other assets that are sitting idle and generating little to no revenue for the organization. This usually includes collections, donated estate items and real property, https://robertdavisrdheritage.org/helping-struggling-non-profit-organizations/
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