3 Ways to Make the Most of the Pandemic Payout
February 3, 2021
3 Ways to Make the Most of the Pandemic Payout
What if 2020 is as good as it gets? It’s true, no one believes that 2020 is going to go down as one of the best years ever. Still, many nonprofits have found themselves with an unexpected windfall, bringing in more donations than they projected. Is your organization one of them?
If your donors have been extra generous this year, you have some unanticipated decisions to make. What are you going to do with all that money? Here are three ways you can make the most of it.
- Enhance your existing programs. For once, you have the chance to fully fund your programming, without having to cut corners and pinch pennies.
- Show gratitude to your most loyal donors. This is a good time to start thinking about a thank-you gift, a future event (maybe even in-person!), or a legacy society for donors who have made the most generous gift of all—those who have included your organization in their wills. Let them know how important their support is!
- Fund your future. This is the perfect time to invest in initiatives that will help fund your nonprofit for years to come. The world’s largest transfer of wealth is happening, so make a plan for planned giving. Talking to donors about their legacies isn’t always easy, but signing on with a planned giving program can make it both easier and more effective.
The new year is here, and it brings new opportunities. Sow the seeds today for a thriving organization tomorrow. Fund your future with our Planned Giving Growth Plan.