This week two of my most trusted sources of information (GuideStar and Give.org), shared essentially the same story: nonprofit organizations garner more donations when they are transparent. We’re talking on your website, social media, marketing communications, etc. Potential donors are interested in the facts. They want to see healthy financial information. They want to know how their money is utilized for the greater good.
The numbers nerd in me would like to share a few statistics from both studies:
At Blue Fox, we dig deep with our clients to build a roadmap of actionable financial data. Information to aid and support our clients on a strategic level. We believe the numbers tell an important story. And, we second the motion of these industry leaders. It’s time to share that story with your constituents. Be more transparent. Your donation revenue depends on it!
Our team at Blue Fox provides customized, boutique financial and back office services for social impact organizations. Services range from standard bookkeeping and payroll services, to coaching and consulting, to full-blown virtual CFO services. Our mission is to disrupt the traditional accounting model through technology, innovation, and a radically client-focused approach that truly empowers nonprofits and social enterprises. For more information call (321) 233-3311, email email@example.com, and visit www.YourBlueFox.com.
Author: Founder & CEO, the Original Blue Fox, Chantal Sheehan, MS, CFP(r)
Give.org, Donor Trust Report
GuideStar, New Research Shows Nonprofit Transparency Matters, By Jacob Harold
Welcome to the Blue Fox Blog! A fairly entertaining source of info and news related to our company, nonprofits, social sector trends, and, of course, accounting. Enjoy!
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