Fundraising for nonprofit organizations is a process. To be successful one must know how to follow the steps. The first element of an effective fundraising campaign is a good strategy. At NPSCP, the Nonprofit Solutions Consulting Group we initiate every fundraising campaign with a well designed strategy. After a profound and meticulous evaluation of the program, we audit all the data, we lay out all the creative pieces, we design a robust strategic communication plan, and then we move on to format a campaign that will point toward the goal of the client organization objectives. Organization leaders must connect with the donors and stay connected. A relationship based on trust must exist between the organization and the potential donors
There will be an expansion to the paycheck protection program (PPP). Select nonprofit organizations with more than 500 employees in multiple locations will now be eligible. Previous restrictions for the PPP loan prevented crucial relief. Currently, the PPP loan deadline is March 31, but that deadline will not give many nonprofits time to apply. Lawmakers approved the PPP Extension Act of 2021 to May 31. If the Senate passes the bill, lawmakers will need to act fast in implementing final approval so that nonprofits can make use of the PPP loan's new expansion.