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Published byLawrence Daniel Modified over 9 years ago
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Strategies for Maintaining Financial Sustainability
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Strategies for financial sustainability: Market organization Share positions and resources Become a line item Apply for grants Tap personnel resources Solicit in-kind support Fundraisers Third-party funding Fee-for-service Public funding Endowments Membership fees and dues Make a business plan
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Marketing involves: Image-building Friend-raising Membership development Community relations Political activities Citizen education Fund-raising
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Personnel resources examples: Time-share positions Volunteers Internships College work-study positions Staff-on-loan In-kind donations of time
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Advantages of membership fees and dues: Simple Tests commitment to the group Increases the organization's self reliance
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Choosing among strategies: Decide who will make the decisions Have mission, vision, and objectives in mind Brainstorm Gather input Choose strategy or strategies
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