Fred is excited to join Sybil today to discuss budgets and finances. Donors often do a good job at asking for very specific and detailed project proposals but then fail to be equally specific in their financial and budget requests. They discuss how to focus your request for the nonprofit’s financial information that aligns with your proposal request. This way you won’t have the nonprofit doing busywork. 

It is crucial to carefully consider the financial stability and potential of a nonprofit before donating, but unnecessary to ask for too much irrelevant financial information that you may not even use in your actual decision to fund the organization.

Episode Highlights:

• Importance of a understanding nonprofit's financial stability without asking for everything and the kitchen sink

Sybil Ackerman-Munson Bio:

With over 20 years of experience as a nonprofit professional and foundation advisor, I work with philanthropic institutions and foundations interested in successful, high-impact grant making, so you can make a real and lasting positive contribution to the world on your terms.

Links:

• IRS - https://www.irs.gov/charities-non-profits/tax-exempt-organization-search

• Charity Navigator - https://www.charitynavigator.org/

• Candid Charity Check - https://www.guidestar.org/

Free mini-courses.

• Be Collaborative - https://www.doyourgood.com/offers/PXGEYkWh/checkout
• Be Finance Savvy - https://www.doyourgood.com/offers/kQwFWG4P/checkout
• Be Legal - https://www.doyourgood.com/offers/U8SFR3mR/checkout

If you enjoyed this episode, listen to these as well:

• https://www.doyourgood.com/blog/141-Understanding-Collaborative-Campaign-Budgets-Dedeee%20Wilner
• https://www.doyourgood.com/blog/140-Helping-Nonprofits-and-Organizations-Create-Collaborative%20Budgets
• https://www.doyourgood.com/blog/139-Sybil-Speaks-Cut-Through-the-Red-Tape-of-a-Nonprofits-Finances

Crack the Code: Sybil’s Successful Guide to Philanthropy

Become even better at what you do as Sybil teaches you the strategies as well as the tools you’ll need to avoid mistakes and make a career out of philanthropy.

Sybil offers resources that include special free short video mini-courses, templates, and key checklists, and words of advice summarized in easy-to-view PDFs.

• Check out Sybil’s website with all the latest opportunities to learn from Sybil at

https://www.doyourgood.com

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Would you like to talk with Sybil directly?

Send in your inquiries through her website https://www.doyourgood.com/ or you can email her directly at [email protected]!