Opportunities are the individual pieces that build the foundation of your organization's fund development strategy. This functionality allows for a substantial amount of opportunity planning and management. There are two types of opportunities: Fundraising and Grantseeking.
Fundraising opportunities are planned by your nonprofit to help meet the needs of your fund development strategy. These opportunities can be added to your donation hub where donations toward these opportunities can be made. Within an opportunity, you can add notes and tasks, assign users and profiles, and view the associated revenue and expenses. You can also track an opportunity's status, due date, and target amount.
Some examples of Fundraising opportunities include the following:
- Events - such as a silent auction, a fundraising event, and galas.
- Volunteer Recruitment
- Annual Appeals
Create a Fundraising Opportunity
- Navigate to Fundraising and click Opportunities on the navigation bar.
- Click the New Opportunity drop-down menu, and then click Fundraising.
- Add the applicable Create Fundraising Opportunity information. Asterisks indicate a required field.
- Opportunity Amount - The amount your nonprofit is trying to achieve with this opportunity.
- Due Date - The date the opportunity will take place, or the deadline date for when donations can be received for an opportunity.
Type and Status - View the information further below for more information on types and statuses.
- Attach profiles if applicable, and then click Create.
- Use the Quick Add feature to attach profiles that aren't already in your NonprofitCore site.
NonprofitCore allows organizations to organize and keep record of fundraising opportunities. Below are some considerations for creating and organizing the fundraising opportunities.
View Opportunity Settings in a List Format
A list of opportunities that includes fundraising and grantseeking can be viewed on the Opportunity Settings page in Accounting. Additional information associated with the opportunities include Default Revenue Account and Default Service. Refer to Opportunity Options for detailed information on configuring default settings for an opportunity.
Fundraising Opportunity Types
Opportunity types specify the type of opportunity created. There are several default fundraising opportunity types. A few examples include Annual Campaign, Event, Fundraiser, and Semi-Annual Campaign. A full list can be found on the Fundraising Configurations page.
The existing types can be edited and additional types can be created. Click the Edit button to add or edit fundraising opportunity types.
Fundraising Opportunity Statuses
The are a number of fundraising opportunity status options. These statuses include Final Preparation, Research, and Outreach. A complete list can be found on the Fundraising Configurations page.
The status field within a fundraising opportunity can be used to manage the opportunity process and ensure tasks are being completed on time.
The existing statuses can be edited and additional statuses can be created. Click the Edit button to add or edit fundraising opportunity statuses.
Fundraising Opportunity Tasks
A variety of tasks can be created for opportunities. Utilizing tasks on your fundraising opportunities can be a helpful tool in ensuring necessary actions get completed on time. Refer to Opportunity Tasks for detailed guidance on adding tasks to your opportunity. Once a task is added, set up task notifications to make sure those assigned to tasks are notified as frequently as desired.
Attach Profile Lists to Fundraising Opportunities
Creating a profile list and attaching it to an opportunity can be an effective tool for keeping track of groups of people. These groups can include different categories of donors or donors who have historically donated more than others. Profile lists may also include organizations or individual profiles you wish to communicate with on a regular basis. Profile List Actions contains detailed instructions on how to attach a profile list to an opportunity.
Set Up Donation Acknowledgement Emails
Donation acknowledgement emails are an easy way to thank donors for their donations to your fundraising opportunity. Automatic donation acknowledgement emails are a quick and effective way to immediately thank donors after they complete a donation through the donation hub. More information on setting up automatic donation acknowledgements for donors can be found in Automatic Donation Acknowledgement Emails.