Ask a CFO with James Vanreusel – Effective Non-Profit Fundraising

The Ask a CFO series is a weekly Q & A with CFO James Vanreusel.  James answers questions ranging from  corporate finance,  FP& A, Investor Relations, Professional Development, Business Growth, Fundraising, M& A and more

In this episode of Ask a CFO, James Vanreusel of Vanreusel Ventures discusses the topic how a young non profit organization can begin their due diligence and begin to raise money.

Due to the lack of resources, young non profits have not invested the time needed to create a strong team, and structured systems.  In any given year, we see a cash crunch, and a large amount disappears from the books. Most importantly, management misses the opportunity to demonstrate to key stakeholders – donors, implementing partners and government – what is the cost to achieve real impact.  Getting your ducks in a row before you attempt to raise funds  and investing the time and money in due diligence processes and will catapult your business past the obstacles of raising funds, and quickly move your company forward to the next stage.