Three part strategy in engaging your board in fundraising

1. Engaging Your Board in Fundraising The Center for Nonprofit Success Boston Fundraising Summit Boston, Massachusetts September 29 th , 2010

7. Partner OR Benevolent Dictator How do you see your Board ?

14. Policy on Board Fundraising Good policy: Sets expectations Frames work Supports objectives Provides direction Builds confidence Ensures general satisfaction Establishes continuity

15. Strategic Planning and Engagement * What is the right balance of restricted vs. unrestricted income? * Should you build an endowment and if so, how quickly? * How will your organization stay competitive and relevant to funders? * How dependent should you be on any single source of funding? * How much risk are you willing to accept? * How much growth would investment in different revenue strategies produce? * What is the role of membership in your revenue generating strategy? * What role does fee-for-service income play in your organization? * What kind of investment is necessary to achieve these objectives? Over what timeline? * What is the obligation of the Board in revenue generation? * How will the Board effectively monitor fundraising success?

20. Questions