5 ways Nonprofits make money | Nonprofit Fundraising

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Amber Melanie Smith

Amber Melanie Smith

Күн бұрын

When people think of Nonprofit Fundraising, they ONLY think about donations or grants. But there are many ways nonprofits can make money! #Nonprofits #Nonprofit #Fundraising
It's important to understand multiple ways to fundraise for nonprofits so you know which methods will be the best fit for your unique nonprofit model and programs.
If you are starting a nonprofit, thinking about it, or have just started a nonprofit, or KNOW someone who is trying to start a nonprofit, I hope this helps!
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// WHAT TO WATCH NEXT
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// CHAPTERS
0:00 Welcome!
02:20 1
04:08 2
05:35 3
09:33 4
11:01 5
// MORE ABOUT ME
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more.
Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: tinyurl.com/nonprofitsandchan...
FOUNDER TO FULL-TIME ACADEMY: Want some training and guidance on starting a nonprofit (and potentially even working for that nonprofit full-time someday?)? Check out my online training courses at my Nonprofit Founder to Full-Time Academy! foundertofulltime.com/
Want me to come speak at your business, college, school, or event? Check out my site: ambermsmith.com/
On Facebook? Talk to me and other change makers about social change, nonprofits, social enterprise, leadership and more in my Facebook group, Change the World or Bust: / changetheworldorbust
I'm also on Twitter: / ambermelsmith

Пікірлер: 92
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: tinyurl.com/nonprofitsandchangemakers
@kw1283
@kw1283 Жыл бұрын
I appreciated how so much information was laid out in this video. Gave me lots of food for thought. Thanks!
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Glad it was helpful!
@chenajoseph2016
@chenajoseph2016 Жыл бұрын
Thank you. It’s very useful. I find it nicely understood with organized bullets too!
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Thanks! :)
@nyangweso1611
@nyangweso1611 Жыл бұрын
Thank you Amber...
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
You're welcome!
@CamberHill
@CamberHill 4 ай бұрын
This was so mind-opening. Thank you I love the expanded ideas you've provide me
@AmberMelanieSmith
@AmberMelanieSmith 4 ай бұрын
Happy to hear it!
@DangerAware
@DangerAware Жыл бұрын
Thank you.
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
You're welcome!
@ryanweaver962
@ryanweaver962 9 ай бұрын
Lots of good and safe and productive.
@AmberMelanieSmith
@AmberMelanieSmith 9 ай бұрын
Hope it was helpful!
@aquaculture8028
@aquaculture8028 Жыл бұрын
Need to know info. Thank you as always AMS!!!
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Thank YOU! 😊
@whatsarahisseeing
@whatsarahisseeing 8 ай бұрын
So helpful!! Thank you.
@AmberMelanieSmith
@AmberMelanieSmith 8 ай бұрын
Glad it was helpful!
@jesuscity3158
@jesuscity3158 Жыл бұрын
Thank you for this content. This has helped me tremendously
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
I'm so glad!
@RescueResidence
@RescueResidence Жыл бұрын
Great video. Now we have 5 more videos to watch!
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
😊
@franklinmiamen1391
@franklinmiamen1391 Жыл бұрын
Thanks!
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
No problem!
@Tecumseh4Rus
@Tecumseh4Rus Ай бұрын
Holy smokes, I was just lucky to find this, perfect timing as I am in the process of starting a nonprofit program that is desperately needed. I'll follow and try to get with your golden expertise. Thank you again
@AmberMelanieSmith
@AmberMelanieSmith Ай бұрын
Yay, glad it was helpful!!
@cristophermora2662
@cristophermora2662 5 ай бұрын
This chanel is awesome! You have a new subscriber!
@AmberMelanieSmith
@AmberMelanieSmith 5 ай бұрын
Yayyy! Thanks for watching! ❤
@Sundaydoug278
@Sundaydoug278 Жыл бұрын
More videos please! You’re crushing it
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
😎
@lukeprejean4681
@lukeprejean4681 Жыл бұрын
Thanks
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Hope you enjoyed!
@voluntarycke
@voluntarycke 3 ай бұрын
Very informative
@AmberMelanieSmith
@AmberMelanieSmith 3 ай бұрын
Glad it was helpful!
@gabriellepratt1068
@gabriellepratt1068 Жыл бұрын
Hello I am truly delighted that I stumbled across your video in my search for understanding more about non-profits. I live in Nassau Bahamas and I need to know more on this subject to be able to contribute relevantly to a Board I am now on. This has been much food for thought and action. Thanks a million for providing this information.
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
My pleasure!
@tumpalpriharto5885
@tumpalpriharto5885 Жыл бұрын
Great
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Thanks for watching!!
@danielcitizenman5510
@danielcitizenman5510 Жыл бұрын
Yup
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Thanks for watching Daniel!
@ryanweaver962
@ryanweaver962 9 ай бұрын
The balance between donors (alumni), foundations… restricted/unrestricted … process executives… investments… grants. I can’t even begin to tell how important.
@AmberMelanieSmith
@AmberMelanieSmith 9 ай бұрын
Having several avenues for revenue is definitely helpful!
@odawg3195
@odawg3195 Жыл бұрын
Dude, you are a savage ❤️ I have no idea what I’m doing but I’m sooooo happy I found your channel !!!!!!! Planning on binging all your videos !! Prayers your way 🤲🏻
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Yay! Thanks so much for watching - so glad the videos are helpful!
@DanielGonzalez-cs8pr
@DanielGonzalez-cs8pr Жыл бұрын
Amber, I was recently looking into who the owner of a local apartment building is here in Texas and went through public records, which are online for the state and I discovered that it is owned by a non-profit (a Texas nonprofit public facility corporation), which then leases the building to a a Texas limited liability Corp. which then hires a management company to manage the property. The officers of the non-profit and the LLC are the same people and they are located at the same business address. Then non-profit owns several properties that generate income and pay property taxes all over the state. There are also other non-profits at the same address also owning property, all of which is real estate with different but similar names! The names of the directors and managers are all the same across the board! I suspect the management company may be controlled or partly owned by the same people. I have not done a thorough search but from the properties I have seen under their control, these non-profits could have assets well over several hundred million dollars! Are you familiar with this set up? Why would the actual property be controlled by the non-profit? Is this similar to using a shell company? Is this being done to limit liability in case of a lawsuit? Is this done to limit or eliminated certain taxes? Are insurance rates for a non-profit the same vs. a profit? If the value of the property increases and the non-profit sells the property, who would receive the "profits", the directors of the entity or are there stockholders or trustees? Would one assume these people are one in the same? Could the directors and officers of these entities actually be making more money than operating then as LLCs? Is there something sneaky going on here?
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Hey there Daniel! Nonprofits can own businesses but presumably the income from the businesses would be supporting the nonprofit's public-serving mission. This set up does sound complicated, I am not a lawyer though. If they are violating conflict of interest rules that would be concerning. This article explains a little: nonprofitlawblog.com/can-a-nonprofit-own-a-for-profit-can-a-for-profit-own-a-nonprofit/
@DanielGonzalez-cs8pr
@DanielGonzalez-cs8pr Жыл бұрын
​@@AmberMelanieSmith Amber, there appears to be no "public-serving mission" with this nest of non-profits owning several hundred million dollars worth of real estate, much of it high end apartments, office buildings and strip malls! The treasurer for all of these entities goes by the title "General" and could be ex or current military. The officers and directors of all of these entities are the same people, sometimes being directors at one entity and secretaries at another. It seems to be a vehicle for wealthy people to reduce their tax and insurance liabilities by transferring title to income generating properties to a non-profit which they control! Additionally, it could serve to hide unethical or even illegal activity by having it conducted through the non-profit. I can see them being used as fronts for drug and human trafficking, massage parlors and escort services! Any income generated is then funneled back to the original stakeholders as income for being secretaries in these entities which they control by being directors of another entity which owns it! Or it can be used to acquire more real estate. There might be an advantage to hiding some of these activities in a non-profit versus a "profit" making entity in that some of the details can be kept from the public and the entities would be ignored by authorities when they are scrutinizing these activities. It is also unknown if any of these "directors" are even real or living people. They could be homeless or retarded people just lending their names for this purpose. This could be controlled by one individual! I am also thinking this could be a convenient vehicle to launder money from an illegal activity like child prostitution or arms trafficking into the hands of the officers of this setup! It could also be something controlled by a foreign government to hide stolen monies or even operate in a clandestine manner here in the US!
@iitsmisst
@iitsmisst Жыл бұрын
Wow good analysis. Ty
@alisonmercer5946
@alisonmercer5946 4 ай бұрын
​@@DanielGonzalez-cs8pryeah another " non profit" that's all about profit and why is there no oversight
@ronperowne3629
@ronperowne3629 7 ай бұрын
Outstanding. Do you have experience with Canadian fundraising tax implications? Your videos are very helpful. Thankyou
@AmberMelanieSmith
@AmberMelanieSmith 7 ай бұрын
I don't specifically - do you have an accountant you can connect with? Safest option!
@lizlemon9632
@lizlemon9632 Жыл бұрын
Brilliant, I hit the jackpot when I stumbled upon your videos. Thank you.
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Thanks for watching! :)
@LivintheDreamNOW11
@LivintheDreamNOW11 Жыл бұрын
Thank you Amber for this great video and all of the insights and knowledge you are sharing !! A few friends and I are in the beginning steps of figuring out wth we are doing with our mission and how to do it. You are awesome. Thank you
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
I hope it was helpful!
@JohnManuwal
@JohnManuwal Жыл бұрын
This was a great video. Thanks! I’m thinking more and more of starting a nonprofit because of your videos
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Yay! Thank you for watching - I'm so glad it has been helpful to you!
@krazykc06
@krazykc06 Жыл бұрын
Do you have any info on starting a non profit with an international focus ?
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Not specifically, but some of my videos about starting a nonprofit may include information that is still helpful / applicable!
@suzanwardeh1583
@suzanwardeh1583 Жыл бұрын
Thank you, Amber, your videos are very informative and useful. I would suggest that if you able to create a place for a direct chat. it will be a great time for interacting with you, and we as an audience, can get some answers on the spot.
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Thanks! You are welcome to join the Facebook group! facebook.com/groups/changetheworldorbust
@sj59801
@sj59801 2 ай бұрын
I really got a lot out of your video. Good information. What I need help with is fundraising when there is a lack of manpower to help. For example, I am fundraising for a fire dept. I am also a firefighter/emt. I am busy. My dept is busy. Everyone is busy and cannot help out to do drives, events, face-to-face fundraising. What are my options?
@AmberMelanieSmith
@AmberMelanieSmith 2 ай бұрын
You are busy, wow!! I think it depends on your goals (amount to raise, for what, etc.). Have you reached out to local civic orgs to support and volunteer to help run the fundraisers?
@marzush820
@marzush820 Жыл бұрын
Assume, all types of community income source including donations doesn’t work or somehow doesn’t happened for a new startup nonprofit organization, can board of directors pay for the first year expenses from their own pocket? It is to be mentioned that new organizations in Canada are not allowed to do fund raising are receiving donations if they don’t have charity number!
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
Hi there! Yes, there is nothing wrong with board members donating their own money to help fund the nonprofit (in fact, it's encouraged!).
@sorryitstass
@sorryitstass Ай бұрын
Looking for ideas here: my parents are starting a non-profit and wanting to sell merchandise in which the proceeds will go to their cause. Now I’ve stumbled upon this video, thankfully! Originally, they were going to sell hats and tshirts with name of the organization on it, but I can’t find a way for that to be directly related to the mission - providing resources to children and families in need and to those children/families in the foster care system. Any ideas on merchandise to sell that would be “directly related” to this?
@AmberMelanieSmith
@AmberMelanieSmith Ай бұрын
Hey there! The idea is that the literal sale of the shirts is part of the programming / is a community-serving program in itself. For example, an animal rescue that has a pet supply shop can say the pet supply shop IS a program that serves the community because its sales further the likelihood of families keeping their pets if they have everything they need. The Red Cross can charge for CPR classes because more people knowing CPR helps its mission. The issue with miscellaneous merchandise sales is that the sales are not usually a program that benefits the community itself. Here's one example I could *Maybe* see it working for (consult a real accountant! :)) - a mental health nonprofit wants to destigmatize depression, so they have messages on the shirts they sell that make people think differently about depression. Make sense? The actual tee-shirt message literally accomplishes the nonprofit's mission.
@CarlWesleyTheBrand
@CarlWesleyTheBrand Жыл бұрын
⭐️⭐️⭐️⭐️⭐️
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
😊
@OHAAlumni2002
@OHAAlumni2002 Жыл бұрын
Hi. So I am a volunteer with a nonprofit group called community Veterans Families and trying to help my crew setup fundraising and have questions about how to this and get our volunteers to work them
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
As a start, have you written out a fundraising plan, including your goals for amount raised, etc.?
@hashimkasaai4983
@hashimkasaai4983 8 ай бұрын
Hi where are you from?
@thehenhouse8211
@thehenhouse8211 7 ай бұрын
Need browsers for the website
@AmberMelanieSmith
@AmberMelanieSmith 7 ай бұрын
Not sure what you mean?
@kimberiysmarketstrategy
@kimberiysmarketstrategy Ай бұрын
I really want to start a non profit to help adolensence kids with autism explore thier own business opportunities. This will be a great feat but will be immensly rewarding, with the help of thier family & my expertise I think this could be amazing! I just dont know where / how to start?
@AmberMelanieSmith
@AmberMelanieSmith Ай бұрын
Have you started drafting a business plan yet? :)
@thehenhouse8211
@thehenhouse8211 7 ай бұрын
Please help me with the website 🙏🙏🙏
@AmberMelanieSmith
@AmberMelanieSmith 7 ай бұрын
Hey there! I have another video about how to make a great website if that's what you're asking! This may help: kzbin.info/www/bejne/bnOZlYKNitOgabc
@friendsofwatotoinitiative
@friendsofwatotoinitiative Жыл бұрын
Thanks for sharing this, we have learned so much.. we are a small non profit organization serving orphans and vulnerable children in Kenya. we would love to get some volunteers to help us run the organization. let me know if you have someone willing. thank you so much
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
I am glad to hear the video was helpful! Definitely share your volunteer needs on global volunteer websites, like Idealist.org.
@flavio1133
@flavio1133 9 ай бұрын
Hi Amber, I need Help or you advise please, I’m trying to start a nonprofit this to raise money, toys for the kids and their families on Christmas holidays. I’m a Santa Claus “Rafael Claus” but I don’t know where to start, I all ready spend about 2 thousand dollars on Santa’s wardrobe so I can start it. Please please help.
@AmberMelanieSmith
@AmberMelanieSmith 9 ай бұрын
Aw! Are there other nonprofits in your area who serve kids who might be able to partner with you?
@flavio1133
@flavio1133 9 ай бұрын
@@AmberMelanieSmith I don't know, I'm going to check if there are,
@flavio1133
@flavio1133 9 ай бұрын
Thank you very much for all your advice, I will let you know ok have a blessed weekend
@ElliotMbangula-uh3fn
@ElliotMbangula-uh3fn 7 ай бұрын
Selling house for $65 000 to donate it to my church
@AmberMelanieSmith
@AmberMelanieSmith 7 ай бұрын
That's generous!
@TheAccessFoundation
@TheAccessFoundation 10 ай бұрын
Hello, my not for profit has a vehicle. Can i put it on Turo in order to raise funds? @ambermelaniesmith
@AmberMelanieSmith
@AmberMelanieSmith 10 ай бұрын
That's to rent it out? I would think there'd be some liability questions about renting out the nonprofit property. As for raising funds, that would probably be considered unrelated business income, and you could possibly be taxed on that income unless the very act of renting it out furthers your charitable mission (for example, if your mission were to "ensure everyone has a ride to work", then renting out the car would literally be helping with that...).
@teamplayersunited2563
@teamplayersunited2563 Жыл бұрын
Thanks
@AmberMelanieSmith
@AmberMelanieSmith Жыл бұрын
You're welcome!
@Drake-Krueger
@Drake-Krueger 3 ай бұрын
This chanel is awesome! You have a new subscriber!
@AmberMelanieSmith
@AmberMelanieSmith 3 ай бұрын
Yay! Welcome welcome!
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