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Strategies for Maintaining Financial Sustainability.

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Presentation on theme: "Strategies for Maintaining Financial Sustainability."— Presentation transcript:

1 Strategies for Maintaining Financial Sustainability

2 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

3 Marketing involves: Image-building Friend-raising Membership development Community relations Political activities Citizen education Fund-raising

4 Personnel resources examples: Time-share positions Volunteers Internships College work-study positions Staff-on-loan In-kind donations of time

5 Advantages of membership fees and dues: Simple Tests commitment to the group Increases the organization's self reliance

6 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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