KIMBERLY O’NEIL, CAUSE STUDIO FOUNDER AND MANAGING DIRECTOR MANAGING THE CAPITAL KIMBERLY O’NEIL, CAUSE STUDIO FOUNDER AND MANAGING DIRECTOR

Overview of Topics and Objectives Managing the Capital Objective(s) Managing Funds Raised Tracking Donors and Dollars Communicating Results

Managing Funds Raised Accounting and Internal Controls Hire an accountant or retain accounting services Ensure there are clear internal controls and processes for donor funds Get quotes and compare costs Follow a defined procurement process Keep detailed receipts! Keep detailed receipts!! Keep detailed receipts!!!

Managing Funds Raised Commit to Deliverables in Funding Requests Develop a project timeline – include funder report dates Be clear of intent Ensure there is a solid team in place Monitor and report progress Evaluate outcomes Prepare and share final report Be sure to meet ALL deliverables outlined in your funding request Request permission from funder if your proposal changes.

Tracking Donors and Dollars Effective Finance Team and Accounting System Funds can only be used for the purpose requested or stated Strive for unrestricted funds whenever possible Solid Fund Development Team Invest in training Treat this a priority User Friendly Donor Management Software Ask nonprofit peers for recommendations Request trials or presentations from software companies Pick a system you can grow into. Think long-term

Communicating Results Share Outcomes Beyond Numbers Served Include data that shares the story Quantify to the extent possible Use anecdotal stories to set the tone Use quantifiable date to prove your impact Prepare Annual Reports Complete Timely Funder Progress and Final Reports Use Visual Aids Infographics Pictures Build Relationships and Engage Beyond Funding Period

Q&A

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