Budget-friendly Nonprofit Fundraising Staffing, with Cindy Wagman

Join Brooke in this insightful episode featuring Cindy Wagman, the Founder and President of The Good Partnership and a renowned fundraising expert. Cindy, also the author of ‘Raise It!’ and host of ‘The Small Nonprofit’ podcast, delivers a mini-masterclass on building an effective fundraising team. She delves into why hiring a junior development person as your first step can be a misstep, and guides listeners through identifying the right type and level of fundraising support needed for organizational growth. The episode highlights the concept of fractional fundraising—a strategic approach to amplify your fundraising capacity without straining your budget. Cindy explains the nuances between fractional fundraising and traditional consulting, offering practical tips on when and how to integrate this approach into your team. This episode is a must-listen for nonprofit leaders looking to navigate the complexities of fundraising and team building.

What Listeners Will Learn:

  1. The pitfalls of hiring a junior development person as your first fundraising hire.
  2. How to determine the appropriate fundraising support for your nonprofit’s growth stage.
  3. The benefits and implementation of fractional fundraising for budget-conscious nonprofits.

Key Takeaways:

  • Strategic team building is crucial for successful fundraising in growing nonprofits.
  • Understanding your organization’s needs is key to choosing the right type of fundraising support.
  • Fractional fundraising offers a cost-effective solution for nonprofits with limited budgets.
  • Knowing when and how to integrate fractional support can significantly enhance fundraising efforts.
  • Differentiating between fractional fundraising and consulting services can optimize your resource allocation.

Step-by-Step Process:

  1. Assess your nonprofit’s current fundraising needs and capacity.
  2. Understand the difference between hiring a development staff member and engaging fractional support.
  3. Evaluate the appropriate time to introduce fractional fundraising into your organization.
  4. Identify key qualities and skills to look for in fractional fundraising professionals.
  5. Implement strategies to effectively integrate and support fractional fundraising within your team.

Resources Mentioned:

Connect With Brooke:

Connect with Brooke Richie Babbage at www.brookerichiebabbage.com

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