Thursday, September 17, 2009

Income from Investments, Is it time for a Review? |

Income from Investments, Is it time for a Review? |: "Income from Investments, Is it time for a Review?
By James A. Donovan • September 16th, 2009

Nonprofit executives come to us because they need assistance in raising major gifts. We hear about the need for cash, either to sustain an existing program, provide for an unplanned need, begin a new program or to build a new facility. Rather than rush into a discussion of strategies for obtaining major gifts, we encourage the prospective client to obtain an immediate major gift for these purposes by first — reducing expenses. Keep in mind that a $25,000 cost cutting/savings is the equivalent of a major gift that comes from within the organization."

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