For my question,
I’m researching the best marketing strategies used by nonprofits to gain
supporters, volunteers, and a general audience. The issue with nonprofits is that
while nonprofit work is highly valued in the community, most nonprofits are
non-tax deductible, meaning they don’t generate a significant amount of income
for the country or their respective states, rather they use a majority of funds
to aid those in need through charitable ways and pay their employees. In the
case of the nonprofit I am predominantly researching—Cape Fear Communities in
Schools—most of their funding stems from grants and research programs supplied
by universities nationwide. For example, CIS currently works with Harvard on a
research project and summer reading program that is funded by both Harvard
University and CIS. However, the responsibility of a majority of the funding is
upon shoulders of CIS. In order to fund programs such as the Harvard reading
program and create a successful marketing strategy, CIS Executive Director
Louise Hicks most focus on community relationships, company projects, youth
participation (and expression of interest), and social media. In addition, they
must continue to keep a sufficient website and continue to email interested
parties. For all you future nonprofit
management personnel, this post is for you.
According to “Jossey-Bass
Nonprofit Guidebook Series : Content Marketing for Nonprofits : A Communications
Map for Engaging Your Community, Becoming a Favorite Cause, and Raising More
Money”, a book focusing on nonprofit management techniques, content marketing
is the one of the most effective ways to do so. It claims, there are seven ways
to make content work including: using nice iconic images, featuring people (in
this case students), include stories on successes, present a clear call to
action, making sure it easy to donate online, presenting the best keywords for
your cause, and featuring endorsements or advertisements. (Leroux 308). That
being said, CIS does this in all of its post. As an intern there, I created a
newsletter platform, upon my recommendation, and I’ve created both a section
highlighting a “student of the month” and “employee of the month” to showcase
the efforts of our nonprofit. On the CIS Facebook page, several photos are
showcased displaying CIS teachers with local students in a positive environment
involved in engaging activities. Lastly, most social media posts—minus
Instagram—include some call to action on the part of the viewer to help
students at risk of dropping out of school.
Though social
media and an online presence is important for any business or nonprofit, organization
of finances proves crucial when thinking about the proper development of a
nonprofit. According to the book, “Finance Fundamentals for Nonprofits :
Building Capacity and Sustainability”, one of the most important aspects of a
financial system is budgeting. “Financial statements are retrospective reports
of actual revenue and expenses. A budget, in contrast, is a prospective
document that shows how an organization plans to pay for its spending in the
coming year. A budget also facilitates spending control” (Brown 49). In
retrospect, this means that a budget is important, because without a plan there
is no preparation for incoming expenditures and unplanned expenses. Considering
a nonprofits’ non-taxable status, one would assume that could have no downside.
However, due to that status, there are several laws restricting nonprofits on
spending capital on certain initiatives, and several laws restraining
nonprofits from gaining capital from certain organizations. In another words,
their pool of donors can be significantly lessened due to laws. With this in
mind, a director must budget for a variety of situations.
These primary
sources displays a couple positive attributes of managing a nonprofit in
addition to some of the negative aspects, while diving into how most nonprofits
fund themselves despite their limitations. Tell me what you think in the
comments if you have any questions!
Works
Cited
Bowman, Woods.
Finance Fundamentals for Nonprofits : Building Capacity and Sustainability.
Hoboken, NJ, USA: Wiley, 2011. ProQuest ebrary. Web. 23 September 2015.
Miller, Kivi Leroux. Jossey-Bass
Nonprofit Guidebook Series : Content Marketing for Nonprofits : A
Communications Map for Engaging Your Community, Becoming a Favorite Cause, and
Raising More Money. Somerset, NJ, USA: John Wiley & Sons, 2013. ProQuest
ebrary. Web. 23 September 2015.
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