Why Strategy is the First Step in Fundraising

These days, most nonprofits worry about fundraising because the economy is in a slump. Donors want to know how their contributions matter within an organization. Grants, particularly for smaller nonprofits, are difficult to come by. Building a strategic path is integral to fundraising. It’s the first step a board takes in defining or course correcting the mission statement. Strategy articulates the mission by setting goals and determining the resources needed to reach those goals in the most … [Read more...]