If you are a small non profit who is suddenly overcome by a cash-flow problem and in need of a modest sum of money, there are some basic steps you can take to raise some emergency non profit development funds. The first step is to determine how much money you need. Once you know how much you lack it will be easier to craft a plan.
From the onset of any budgetary concern, it is important to consult board members immediately to request guidance, brainstorm solutions, and if the need arises, seek funding through their contacts and business relationships. If the money is needed for payment of a bill, your first option is to inquire about alternative payment options such as partial payment while also setting a date for the remainder of the payment. If this is not an option, your board members should make whatever extra donations they can followed by inquires to any major donors who will likely be most understanding of your current situation. The more distant the connection between the donors and the organization, the less you should ask from them.
Non profit development center tips
When calling for emergency donations, we recommend you:
- Call loyal donors first
- Call personal friends if necessary
- Develop a script before calling to establish an effective message
- Have individuals not calling write thank you notes or pick up checks
Remember, while emergencies do happen and one emergency campaign is not likely to do irreparable harm to the reputation of your organization, multiple financial crises will and should be avoided through careful planning.
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