The Small Nonprofit
You are going to change the world. We can help. Running a small nonprofit is not for the faint of heart. With limited resources and fueled by a combination of caffeine and passion, small charity leaders are unsung heroes. The Small Nonprofit podcast, by Further Together, gives you down-to-earth, practical and actionable expert guidance on how to run a small nonprofit. From leadership and law to fundraising and finance, we’ve got you covered. Forget comparing your organization to the big shops, we’re creating a community of nonprofit leaders who are going to change the world, one small nonprofit at a time.
The Small Nonprofit
Fractional Fundraising: Yay or Nay?? With Nina Horvath
In this episode of The Small Nonprofit Podcast, Maria sits down with Nina Horvath, Executive Director of the Coastal Jazz and Blues Society. Nina shares her insights into the fractional fundraising model, the benefits it has brought to her organization, and the challenges faced in arts fundraising. Together, they explore how fractional fundraising offers smaller nonprofits access to high-level fundraising expertise without the challenges of hiring a full-time development director.
Key Topics:
- Exploring Fractional Fundraising
- What are the pros and cons of working with a Fractional Fundraiser?
- The financial and intangible results of working with Fractional Fundraisers at Further Together
Quotable Moments:
- "The beauty of fractional fundraising is that you get the expertise you need at a fraction of the cost, which is perfect for small to mid-sized nonprofits"
- "As an ED, it can feel isolating. Having a fractional fundraiser who understands my challenges and offers valuable, outside perspective has been a personal and professional support"
- "We didn’t expect to double our individual giving in a year, but with a strategic approach and fresh ideas, we made it happen"
Actionable Tips:
➜ Consider Outsourced Supports: If you’re a small to mid-sized nonprofit struggling to find a full-time development director, fractional fundraising could give you access to senior-level expertise without breaking the bank.
➜ Set Realistic Expectations: Don’t expect to raise a million dollars overnight. Success in fundraising is about building momentum and balancing both short-term wins and long-term goals.
➜ Leverage the Expertise of a Fractional Fundraiser: Fractional fundraisers work with multiple organizations, which allows them to offer fresh insights and best practices from across the nonprofit sector.
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Coming Next Week:
Join Maria as she discusses the future of work in the nonprofit sector with Kamilah Martin!