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Creating New Sustainable Revenue Models When the World Has Been Flipped (Part 1)
September 23, 2020 @ 10:00 am - 11:30 am
Creating New Sustainable Revenue Models When the World Has Been Flipped
During the rapidly changing world that COVID has created, organizations across all sectors are seeking new ways to ensure their long-term viability. As nonprofit funding sources become more uncertain or impacted, our clients’ needs have often become much greater and more dire while resources to support them have become scarce. Given this new reality, it is imperative that nonprofits and social businesses look for opportunities to take control of their funding by identifying and expanding new, sustainable revenue sources to ensure the long-term viability of delivering on our mission and impact. This often requires that we reimagine and redesign our products , services and messaging to ensure they are relevant and timely in a world where the only constant is change.
Join the North County Philanthropy Council for a two-part virtual training designed to help nonprofit leaders re-think how to create new sustainable revenue streams to reduce the volatility the pandemic has created.
1.5 CFRE credits for each program
Part 1 on September 23: Sharing Challenges and Success Stories
We will explore concepts and practical ideas to help you enhance funding opportunities and support growth amidst all the volatility we are facing. We will learn first-hand about the challenges and successes from several organizations in our region who have faced enormous hurdles, pivoted, adapted to the new realities and launched new, successful sources of revenue.
Our speakers include:
- Karen Henken, Co-founder of The Supply Chain Project and lecturer at University of San Diego, discussing models for social enterprise success and sustainable revenue for nonprofits
- Jen Gilmore, CEO of Kitchens for Good and recent recipient of the James Irvine Foundation Leadership Award
- Scott Henderson, Co-founder and Head Dot Connector of Doing Good Works, a for-profit social enterprise
- Lisa Rodman, CEO of Agua Hedionda Lagoon Foundation and 2019’s 36th District’s Woman of the Year
Part 2 on October 14: Solve-A-Thon: Applying New Ideas to the New Reality
During this 2-hour interactive workshop, all participants will rotate through several small group sessions facilitated by experts who have successfully navigated pivots during the pandemic. The facilitators will help participants in each group take a deeper dive into how you and your organization might explore and evaluate potential product/service opportunities and which funding models might work for you. We will then collectively share our learnings, takeaways and new ideas with the entire group of attendees as a culmination of this Solve- A- Thon.