Nonprofit organizations are established to benefit the world in one form or another. Naturally, the nonprofit founder, board and executive leadership desires every possible dollar that they can get to further the mission of the organization. Still, the matter of “where” to find these dollars has eluded many nonprofit leaders, especially those who are new to the sector. And given the growth-rate for the nonprofit sector and the fierce competition for traditional funding, this course was written to help small and mid-sized nonprofit leaders identify multiple funding sources so that they are positioned to thrive. A thriving nonprofit is one that is successfully reaching their programmatic goals through ongoing growth, development and sustainability. Leaders of thriving nonprofits understand that they are running a business which will face many of the same financial dilemmas as their for-profit counterparts -- with the obvious need for cash-flow to start, sustain, and expand operations. Because nonprofits cannot sell company shares or take on investors in the traditional sense, these leaders have had to look for other creative means for funding.
This course discusses 21 funding methods that may be helpful for nonprofit leaders to consider as they search for diverse streams of income to further their mission.
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Cheryl Smith is the CEO of Dewlyn Nonprofit Services, a Metro Atlanta based consulting firm, where she helps nonprofit organizations build sustainability through training, coaching, and grant-writing. Cheryl is also the author of the book, “21 Ways to Fund a Nonprofit;” she’s a member of the American Grant Writers' Association; and she is a nonprofit trainer for SCORE (multiple chapters), as well as a guest speaker for many public, private, and Faith-Based Organizations. In 2020, Cheryl launched the Community Heroes Program to work specifically with small nonprofit organizations in need of board development and funding. As a champion for the nonprofit community, Cheryl supports more than 3,000 nonprofit leaders each year, and she has successfully secured millions of dollars in government and private foundation grants for organizations that she has aligned with. Broadly, Cheryl’s specialty is building capacity in people and organizations, and helping them to reach their highest and best potential
