PURPOSE AND INSTRUCTIONS
In light of COVID-19 and the new challenges it presents, many nonprofits are examining their funding sources and having to adjust their plans for the future.
By knowing exactly where your funding comes from, you can determine if you have a good mix of income streams or whether you are too dependent on only one or two sources. That way, when decisions come up and ideas for new programs or revenue sources are discussed, you’ll know how they’ll fit into the overall picture of your organization.
Print copies of the worksheet, which we’ve provided for free as a PDF. Have your Board Treasurer complete Part 1 (an example of Part 1 is provided). Distribute copies of your Treasurer’s completed version of Part 1 and a blank copy of Part 2 to each board member. Take 10 minutes to have each board member review the Treasurer’s findings in Part 1 and then fill out Part 2 of the worksheet. After the meeting, compile the answers and review at the next board or committee meeting.