What other external factors could have an impact

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Reference no: EM133450423

Analyze your past efforts & fundraising strategies

Some of the questions to consider when analyzing your fundraising strategies include:
• What generates the largest portion of your revenue?
Which sources are most reliable?
Where is the greatest potential for growth?
• Where should you devote more time?
Which areas are not producing and why?
Which areas should you consider eliminating?
Where can you involve more board members and volunteers? If you had a larger budget for fundraising, which areas would you invest in more?

Step Three: Evaluate the current climate
When considering the current climate, internal and external factors should be taken into account.
Internal Factors:
• What's going on inside your organization that could impact fundraising?
• Do you have new opportunities to take advantage of- a special anniversary, a new director?
• Have there been changes on your board?
• Are you also raising money for a capital campaign?
• How much fundraising experience does your staff/board have?
• How much attention do you give to donor relations?
• Do you have prospects already in the pipeline or are you starting from scratch?
External Factors:
• Given the economy over the past year and counting, we're used to thinking about economic factors. Consider how these have and will affect your fundraising.
• What other external factors could have an impact- the relevance of your mission in the current political environment, giving trends among donors, etc?

Reference no: EM133450423

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