With the Canadian non-profit sector facing recent pressures such as rising costs, increased community needs, and funding reductions, exploring diverse revenue methods is more important than ever. This is especially the case for the organizations in the settlement and integration sector who often rely on only a few funding sources.

Because exploring new funding options can feel difficult and overwhelming, especially considering the existing amount of work that settlement organizations are facing these days, having a clear idea of what strategies exist and how to approach them can help. This webinar introduces participants to the nine revenue diversification strategies within the Thriving Non-Profits framework and provides practical guidance on how organizations can begin building greater financial resilience over time.

The webinar covers practical topics such as:

• Thriving Non-Profits’ nine revenue diversification strategies available to non-profits.
• The difference between traditional funding, earned revenue, partnerships, and asset-based strategies.
• Examples of how non-profits are using these strategies in practice.
• Key considerations when assessing new revenue opportunities, including capacity, culture, risk, and mission alignment.
• How to identify which strategies may be the right fit for their organization.
• Practical next steps to begin building a revenue diversification plan.

Presenters

Farah Nazarali, Lead Facilitator, Thriving Non-Profits
Pierre Wijdenes, Lead Consultant, Thriving Non-Profits
Rob Fisher, Program Manager, Thriving Non-Profits

View a recording of the full webinar presentation here.