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New Guide: Building a Nonprofit Financing Plan

By Nell Edgington



fin plan guideI’m delighted to announce the release of the newest Social Velocity step-by-step guide, Build a Nonprofit Financing Plan. This guide is designed to help you build a financing plan for your nonprofit and joins the growing list of Social Velocity tools available to nonprofits.

A financing plan, unlike a traditional fundraising plan, is an integrated, thoughtful, and strategic way to help a nonprofit raise enough money to achieve its programmatic and organizational goals. When you finance, instead of fundraise for, your nonprofit you are developing a long-term strategy for bringing enough money in the door to achieve your mission.

Financing means that instead of asking the question:

“How much can we accomplish with what we can raise?”

you start asking the question:

“How much should we raise to accomplish our goals?”

A financing plan differs from a fundraising plan in a number of ways. Unlike a fundraising plan, a financing plan:

  • Raises all of the necessary revenue AND capital required to achieve the goals of your strategic plan
  • Includes ALL activities that bring money in the door
  • Supports the short AND long term goals of your nonprofit
  • Funds your programs AND infrastructure
  • Employs activities in line with your core competencies and mission

The Build a Nonprofit Financing Plan Guide walks you step-by-step through the process of creating your nonprofit’s financing plan:

1. Align Money, Mission and Competence
2. The Financing Plan Framework
3. Create Revenue Goals
4. Create A Capital Goal
5. Create A Fundraising Infrastructure Goal
6. Operationalize the Plan
7. Monitor the Plan
8. Next Steps

With a clear financing plan, your nonprofit will bring more money in the door, in a more sustainable way, ultimately bringing you closer to achieving your mission and creating change in your community.

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About the Author: Nell Edgington is President of Social Velocity (www.socialvelocity.net), a management consulting firm leading nonprofits to greater social impact and financial sustainability. Social Velocity helps nonprofits grow their programs, bring more money in the door, and use resources more effectively. For more information, check out Social Velocity consulting services and clients.


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5 Comments to New Guide: Building a Nonprofit Financing Plan

[...] The Creating a Nonprofit Financing Plan Guide walks you step-by-step through the process of creating your nonprofit's financing plan and is divided into 8 sections: 1. Align Money, Mission and Competence 2.  [...]

[...] I’m delighted to announce the release of the newest Social Velocity step-by-step guide, Creating a Nonprofit Financing Plan.  [...]

[...] "This guide is designed to help you build a financing plan for your nonprofit and joins the growing list of Social Velocity toolsavailable to nonprofits. A financing plan, unlike a traditional fundraising plan, is an integrated, thoughtful, and strategic way to help a nonprofit raise enough money to achieve its programmatic and organizational goals. When you finance, instead of fundraise for, your nonprofit you are developing a long-term strategy for bringing enough money in the door to achieve your mission."  [...]

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