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Budget + Data = Solid Foundation
February 15, 2017 @ 10:00 am - 11:00 am$10 – $25
Do you work for one of the many organizations that struggle with setting realistic budgets each year? Does your organization calculate expenses and then work backwards when it comes to estimating fundraising income – the “fill the gap” model? To be successful and advance the mission of your organization, income goals must be created based on reality, not dreams. This distinction is important and must be made with data during the budgeting process because big decisions, often with human resource implications, are made based on fundraising goals so the figures must be accurate and real. Creating realistic budgets based on actual giving history and probabilities creates a foundation for success because everyone understands the math behind the numbers. These types of budgets create great reports too because development directors can track and measure increases or reductions in retention and average gift, so your mid-year or quarterly forecasting is a lot less intimidating. If you operate in a “fill the gap” environment, you’re not alone.
Join Kerri Mollard, Founder and CEO of Mollard Consulting, LLC and a member of OANO’s Council of Consultants for this informative webinar. Kerri will provide tools to help you create a budget forecast based on average gift size, donor retention rates, and grant probabilities. This webinar will provide timely information to help you solidify your future budgeting plans.
Fees: $10.00 Members $25.00 Non-Members
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