Changemakers Guide to Funding

Jump into the essentials of non-profit funding for changemakers looking for resources to do good. Learn the importance of a diversified funding plan using the DPTD framework: Dollars, People, Time, and Donations. Wendie shares actionable strategies for maximizing funding sources, whether you are a non-profit or a social business owner. Discover how to create a sustainable impact by leveraging both restricted and unrestricted funding streams. Key Takeaways: Understanding Funding Streams: Learn the difference between restricted (e.g., grants, contracts) and unrestricted funding (e.g., donations, earned income). Diversified Funding Plan: Explore the DPTD framework for creating a comprehensive funding strategy. Earned Income Strategies: Discover ways non-profits and businesses can generate earned income, such as leasing space or offering services. Grants and Beyond: Gain insights into obtaining grants and other funding resources while understanding the importance of aligning these with your organization's goals. Inspirational Moments: [00:00:02] – Wendie emphasizes the importance of sustainability beyond just funding. [00:02:00] – Introduction to the DPTD framework and how it can help in maximizing resources for impact. [00:04:00] – Insightful discussion on earned income as a crucial unrestricted funding source for non-profits and businesses. [00:06:30] – Highlights the importance of grants and other restricted funding sources for long-term sustainability. [00:09:03] – Other income sources beyond grants, contracts, and earned income sources: donors, events, partnerships, and crowdfunding. Meet Our Host: Wendie Veloz Wendie Veloz is a social impact strategist, coach, and consultant with over 20 years of experience. She has a passion for helping communities and entrepreneurs create sustainable change. Wendie brings a unique perspective to her work with a background in government funding, nonprofit management, and social entrepreneurship. Wendie’s expertise helps small business and nonprofit clients develop and implement new solutions to age-old problems: ideas, impact, influence, and income.  Wendie also uses her skills as a reiki and sound healer to help social entrepreneurs break mindset barriers and change the world. Wendie is the producer and host of the Social Impact Level Up podcast building synergy and impact between nonprofits, businesses, and communities. Wendie holds a Master's Degree in Social Work Policy from Columbia University and a Bachelor's of Psychology from the University of California, Irvine. Wendie resides in Germantown, MD with her 9-year old labrador retriever Asha. Website: https://wendieveloz.com Instagram: https://www.instagram.com/wendieveloz LinkedIn: https://www.linkedin.com/in/wendieveloz Episode Transcript Highlights: Introduction to Funding Streams [00:00:02] – Welcome and episode overview by Wendie Vee. [00:00:12] – Discussion on the importance of funding for non-profits and social businesses. DPTD Framework for Diversified Funding [00:01:50] – Detailed explanation of the DPTD framework. [00:03:00] – Importance of each component: Dollars, People, Time, and Donations. Earned Income Strategies [00:04:30] – Exploring ways non-profits can generate earned income. [00:05:30] – Benefits of earned income as an unrestricted funding source. Grants and Restricted Funding [00:06:30] – Key insights into obtaining and utilizing grants for non-profits. For more detailed discussions and to dive deeper into effective funding strategies, read the full blog post: https://wendieveloz.com/nonprofit-funding Important Links: Get our FREE Revenue for Impact Guidebook: https://wendieveloz.com/guide Access our grant writing course here: https://wendieveloz.com/grants Podcast audio/video management by Podcast Abundance. Find out more at www.podcastabundance.com/services