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The KeyFund Raising vs. Earned Income

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Fund Raising vs Earned Income

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Cartoon by Mark LitzlerTraditional fundraising activities (grants, annual/capital campaigns, special events and planned giving) are important elements of any nonprofit's development plan.

But in today's environment, yesterday's fundraising strategies alone may not be sufficient for a nonprofit to grow. Nationwide, many nonprofits are now considering the possibility of generating revenue through earned-income ventures.

Through earned-income ventures it is possible for a nonprofit to:

  • Secure major funding to underwrite the venture
     
  • Generate new and unrestricted revenues
     
  • Decrease reliance on traditional fundraising activities
     
  • Differentiate themselves from their nonprofit peers
     
  • Open new relationships with current and new investors
     
  • Achieve greater mission effectiveness
     
  • Serve more people better
     
  • Attain greater long-term sustainability and growth

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