Effective Revenue Diversification Strategies in Nonprofit Organizations PDF Download
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Author: Jennifer R. Niswonger
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Jennifer R. Niswonger
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author:
Publisher: GRIN Verlag
ISBN: 3346309797
Category : Business & Economics
Languages : en
Pages : 21
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Essay from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 29/30, , language: English, abstract: This paper deals with the management of non-profit organizations. What task should an NPO undertake to sustain its longevity and stability? Is stability possible and what leads to attaining it? Before coming to detailed analysis of different revenue sources of non-profit organizations and its diversification it is of vital importance to mention the base theory mentioned my wide array of scholars who take into consideration the topic of revenue acquiring which is "Resource Dependence Theory". The "Resource Dependence Theory" states, that the key to organizational survival is the ability to acquire and maintain resources. At the same time, it is crucially important to notice that this task is quite problematic because of the conditions of our environment. This means scarcity and uncertainty. Existing resources are by no means adequate, assured or stable. That is why the resource imperative implies the adaptation of organizations to all the requirements of the important providers of resources. Currently, International Non-Profit Organizations are more and more often in a spotlight. People want to give money to Charities, but at the same time they want to know where their revenue is spent. In general revenue on NPOs quite a widely discussed topic. How do Organizations get their Profit? What are the sources of their income?
Author: Tendai D. Ndoro
Publisher:
ISBN:
Category : Nonprofit organizations
Languages : en
Pages : 550
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Author: Bruce Alan Seaman
Publisher: Edward Elgar Publishing
ISBN: 1849803528
Category : Business & Economics
Languages : en
Pages : 371
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Book Description
Nonprofit organizations are arguably the fastest growing and most dynamic part of modern market economies in democratic countries. This book explores the frontiers of knowledge at the intersection of economics and the management of these entities. The authors review the role, structure and behavior of private, nonprofit organizations as economic units and their participation in markets and systems of public service delivery, assess the implications of this knowledge for the efficient management of nonprofit organizations and the formulation of effective public policy, and identify cutting-edge questions for future research. Chapters address five broad categories of scholarship: development and management of the diverse economic resources supporting nonprofit organizations; market behavior of nonprofits; strategic economic decision-making; evaluation and performance of them; and impacts and implications of public policies affecting nonprofit organizations. Topics include: income diversification and crowd-out among income sources, paid and volunteer labor markets, competition and collaboration among nonprofits and for-profits, pricing and diversification of nonprofit products and services, performance measurement and regulation, contracting, franchising and federation practices, and government taxation and funding. The book will help nonprofit scholars identify new areas of productive research, help practicing managers understand the underlying economics of their decision-making, and offer teachers and students a concise and penetrating view of key economic dimensions to managing nonprofit organizations.
Author: Ivy Beckham
Publisher:
ISBN:
Category : Nonprofit organizations
Languages : en
Pages : 0
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This qualitative multiple case study explored the perspectives of nonprofits on factors impacting and challenges associated with utilizing revenue diversification and structured spending in midsized nonprofit human service organizations (NHSO) in the Washington D.C. metropolitan area. The researcher conducted semi-structured one-on-one interviews with eight nonprofit officials in Washington, D.C., to gain insight into their perspectives on revenue and spending strategies. The researcher also used document review to compare and verify the information from the semi-structured interviews and add more nuances to what the interviews provided. The findings of the study demonstrated that NHSOs could implement revenue diversification and structured spending through community engagement, partnerships, and optimal resource utilization. The results also revealed that revenue and expense strategies allow nonprofit organizations (NPOs) to achieve financial stability and flexibility in terms of organizational viability. Moreover, the results unveil the need for financial independence is a substantial barrier for NHSOs to implement financial strategies. The study's findings proposed some practical recommendations to help nonprofits and financial advisors improve their services and avoid economic unsustainability.
Author: Sharon M. Oster
Publisher: Jossey-Bass
ISBN:
Category : Business & Economics
Languages : en
Pages : 360
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Author: Laurence Pagnoni
Publisher: AMACOM
ISBN: 0814432972
Category : Business & Economics
Languages : en
Pages : 246
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Book Description
To survive and ultimately thrive, a nonprofit needs forceful revenue strategies and an organizational culture that champions them, and this book shows you just how to do it. Between government cutbacks, shrinking endowments, and business belt-tightening, the nonprofit sector may end up being the biggest victim of today’s unpredictable market that few even hear about. However, this does not mean that nonprofits aren’t just as vital as before--if not more so--or that yours cannot receive the regular funding it needs to fulfill the mission you heroically set out to do. It’s going to take the same type of advanced organizational and competitive strategies that the most successful for-profit businesses have utilized to remain atop the leader board. Bridging the gap between theory and practical methods, The Nonprofit Fundraising Solution shows you how to: Ensure that executive leadership and board dynamics fully support fundraising initiatives Build a broad constituency of donors aligned to the mission Determine the right level of funding diversification Use tactics such as challenge drives, stretch gifts, and corporate matching; parlor gatherings; leadership councils; year-end drives; corporate partnerships; and major campaigns to power revenue, increase access to wealthy donors, and raise their community profile Proactively encourage planned giving Avoid revenue plateaus Complete with stories of those who have done this exceptionally well, as well as “casebooks” of the strategies-in-action, The Nonprofit Fundraising Solution reveals how any nonprofit can implement advanced fundraising methods and secure the funds they need to excel.
Author: Susan U. Raymond
Publisher: John Wiley & Sons
ISBN: 0470583169
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
How to make strategic plan to help your nonprofit navigate turbulent financial waters and achieve strengthened revenues During this time of upheaval and instability with the country's financial markets and economy, you might be wondering how your nonprofit can emerge stronger from this unprecedented turmoil and prepare for future economic cycles. Practical and timely, Nonprofit Finance for Hard Times: Leadership Strategies When Economies Falter helps your nonproft get strategic in the weak economy. Nonprofit Finance for Hard Times shows you how surviving the current economic conditions means dedicating yourself to understanding the details of the current financial crisis and identifying those Board members and other leaders who can give you deep analysis on the crisis and act as your analysts of the winners and losers in real time. Emphasizes that the core of all strategy is engagement Helps you reassess your nonprofit's communications tools for both messages and markets Asserts that the operative need is for strategy, not panic Revisits all assumptions Explains how to sort and cull past supporters for those who will emerge from the turmoil first and strongest Reveals how to identify new audiences Providing the guidance your nonprofit needs-not to just hang on for the white-knuckle ride, but to plan their best strategy to survive and succeed-Nonprofit Finance for Hard Times equips you with the tools you need to get started.
Author: Sharon M. Oster
Publisher: Jossey-Bass
ISBN: 9781118739617
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
"Bringing together the best experts in the business, Generating and Sustaining Nonprofit Earned Income offers up critical advice and insights to help even the most experienced social entrepreneurs improve upon enterprise performance; A critical addition to any practitioner resource library." —Jed Emerson, lecturer in business, Stanford Business School and senior fellow, William and Flora Hewlett Foundation, David and Lucile Packard Foundation "We live in a world that begs for the creation of new models of economic justice and opportunities. This book provides valuable information to support the efforts of nonprofit entrepreneurs to succeed in creating and operating ventures that are both sustainable and replicable while meeting economic and societal needs. Go for it!" —Ben Cohen and Jerry Greenfield, co-founders, Ben & Jerry's "Nonprofit ventures have few of the traditional supports that are available to other types of organizations. Straddling the for-profit and nonprofit cultures, they inhabit a world not officially recognized, where roadmaps do not exist. Life on the thin strip between one land and another is always a precarious existence, full of trials and tribulations, but also charged with opportunity. This book provides the best thinking to help nonprofits capitalize on that opportunity." —Bill Shore, chairman, Community Wealth Ventures In collaboration with the Yale School of Management-The Goldman Sachs Foundation Partnership on Nonprofit Ventures, this comprehensive guide identifies best practices for generating a reliable income stream and ultimately reducing nonprofit organizations' dependence on traditional sources of funding. Edited by renowned scholar and consultant Sharon Oster and Cynthia Massarsky and Samantha Beinhacker, deputy directors of The Partnership on Nonprofit Ventures, Generating and Sustaining Nonprofit Earned Income: A Guide to Successful Enterprise Strategies will teach readers sound business planning strategies that can significantly benefit their organization's internal capacity and financial health.
Author: David La Piana
Publisher: John Wiley & Sons
ISBN: 0787977764
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
Play to Win offers nonprofit leaders the help they need to develop their organization’s unique competitive advantages and to use the power of competitive strategies to build their organization’s capacity for advancing its mission. This book offers a clear description of competition and discusses its practical, ethical, and political ramifications within the nonprofit sector. It demonstrates how, by being a more effective competitor, a nonprofit can enhance its chances for both programmatic and financial success. Play to Win is filled with practical tools for assessing a nonprofit’s position in the marketplace and developing winning competitive strategies. Read a Charity Chanel review: http://charitychannel.com/publish/templates/?a=4864&z=25 2006 Terry McAdam Award Honorable Mention: http://www.allianceonline.org/publications/mcadam06.page
