How can we help nonprofits make the most of their limited resources?

In guiding nonprofits to leverage their limited resources effectively, the pivotal first step is a comprehensive assessment of their needs and goals. By clearly identifying the challenges they aim to tackle, the opportunities they aspire to capture, and the outcomes they intend to measure, nonprofits can align their resources more effectively. This critical evaluation helps in pinpointing where resources are most needed and where potential bottlenecks may lie. My experience has shown that such a focused approach not only clarifies the organization's direction but also maximizes the impact of its resources, laying a solid foundation for achieving its mission with efficiency and purpose.

In the nonprofit world, wisely incorporating technology and data can significantly enhance efficiency and impact. It's about more than just streamlining operations; it's a strategic move to broaden impact and foster sustainability. The challenge lies in selecting tools that align with both immediate needs and the broader mission, all while staying within budgetary limits. From my experience, this process requires thoughtful planning and often, input from experts. When done right, technology and data not only address current challenges but also open doors to new possibilities for growth and effectiveness.

Seek out potential loyal collaboration through referrals and word of mouth that points to individuals who are passionate about the same causes. They are ready, willing, and able to provide relevant support in areas that are needed the most. Once this has been discussed and relationships established, it's time to draw up a mutual support contract. Put it in writing.

As many not-for-profits are competing over limited donations, it is time for some to think more creatively and strategically about their financial resources. One way to do it is by shifting from a traditional charity to a social enterprise. Almost any NGO can generate market-based revenue by selling products, offering services, charging for corporate volunteering, and more. Find revenue streams that align with who you are as an organisation and your values, and work with strategic partners to increase income and achieve your goals.

Charging for corporate volunteering calls for so much transparency and advocacy around this topic. This is such an important discussion to hold as loud as possible as both non- profits and corporates find this a bizarre new idea. However, it's just so natural to expect to have a budget for team building!

While there are some programs or donors who must provide restricted funding, the more of us who can provide unrestricted funding the better off nonprofits will be. Foundations and donors have the opportunity to release restrictions from grants and gifts. With unrestricted donations, nonprofit leaders can direct resources to areas of greatest need, invest in and reward their staff, and perhaps set aside funds for cash reserves when resources are lean but the demand for mission-driven services is still present. During the pandemic, more funders released unrestricted dollars than ever before. We must still incorporate the lessons we learned from the pandemic into our daily practices.

By making a plan and budget and fundraising asks that mean they have the resources needed to win on their issue. Not just get by w band aid solutions. Stop expecting and being ok with the scraps.