Mastering the art of grant management: A complete guide
- Digital communications & marketing
- Fundraising ideas
- Grant management & grant making
- Corporations
- Nonprofits
- Grants Management
For nonprofit organizations, meeting financial goals means raising enough funds to cover program expenses and overhead costs. When the end of the fiscal year approaches, it’s a good time for you to buckle down, make a to-do list, and begin checking things off for one last fundraising push.
This article will go over the steps to ending your fiscal year successfully, as well as a few last-minute fundraising campaign ideas. Let’s get started!
At the fiscal year-end, you’ll need to take time between campaigns to make a list of everything you need to address before the new year. Here are the six steps you should take to end your year strong:
This checklist should give you an idea of what actions you should take before the end of the fiscal year. If you need help with organizing end-of-the-year fundraising campaigns, consider using software like Bonterra Donor Engagement’s Guided Fundraising solution. You can use this solution to host some of the following fundraising campaigns.
Here are three campaign ideas you can use for your nonprofit’s fiscal year-end:
Here are a few ways you can use online giving to make your appeals:
Since you’re in crunch time and have a limited amount of time, online giving appeals can be an effective way to earn last-minute donations. They allow you to reach a large audience quickly, providing connections to potential donors.
The power of social media combined with the ease of online giving has contributed to the rise in popularity of peer-to-peer fundraising. Host a peer-to-peer fundraiser by leveraging your network of loyal donors, supporters, staff, and board to empower them to fundraise on your behalf.
Provide your peer fundraisers with everything they need to reach out to their networks, such as email templates or key statistics they can share in social media posts. When you meet goals for your fundraising campaigns, host a celebration with your volunteer fundraisers to thank them for all their hard work.
Reach out to donors who haven’t given a gift in the past 12 months. Use your donor management system to create a list of these donors and look into their giving history. Reach out to them with an appeal message that relates to their past giving history, highlighting the impact that their gift made on your beneficiaries. Mention your fundraising goal and that you’d appreciate it if they made a gift to help secure the future of your nonprofit.
By personalizing messages and mentioning past giving history in your appeals, you can show donors that you remember them and that they are important to your nonprofit. This can reignite their interest in your nonprofit and may result in a gift.
The best way to successfully end your fiscal year is to plan for it. Whether you’re ahead of schedule or feeling a little behind, making a to-do list and following it will put your mind at ease and help your nonprofit have a successful end to the fiscal year.
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