Spreading the Risk: When One Basket of Eggs is Not Enough
The best safeguard in these turbulent times is to diversify your funding sources. Take a moment to think back to the uncertain days of COVID-19. We were all challenged to find creative and impactful ways to share our stories and raise funds. The lesson remains clear—never put all your eggs in one funding basket!
Learning Objectives:
• Understand the importance of diversified funding - recognize why relying on a single funding source is risky and how diversification enhances financial stability.• Develop fundraising plan - learn the different ways you can engage donors across multiple funding streams.• Encourage strategic thinking in development - foster a proactive mindset in identifying and securing sustainable funding opportunities.
Solutions to help you raise, retain, & grow more