CAMPAIGN BUDGET TAGGER HOW TO
They have no idea where to begin their planning process and how to figure out what is realistic for them.
The owner would sell to the land trust for less than the developer is willing to pay, but still the price tag is far more than the land trust can afford.Īll three of these organizations find that thinking about owning property is both exciting and terrifying. A local land trust wants to convert the property to a park. The elderly owner of ten acres of forestland on the outskirts of a small town has been approached by a developer wanting to build a mini-mart and parking lot on the property. With so little time, they don’t know whether to move to a temporary space and continue to look for a rental or take the plunge and help buy a big building now. Desperately searching for space, they are invited to join other arts organizations in buying a large building. The company managing their building tells them the building has been bought by an Internet company and they have two months to move.
As a result, the group is pondering whether to buy a small house that could be converted to office space.Ī modern dance company with a yearly budget of $300,000 rents a loft for $1,500 a month. Their landlord tells them that at the end of their lease their rent will increase to $1,000. THREE SMALL NONPROFITS ARE CONSIDERING CAPITAL CAMPAIGNS:Īn advocacy organization whose annual budget is $150,000 pays monthly rent of $600 for a two-room office with a shared bathroom and kitchen. Editors’ note: This article, first published in print during May/Jun 2001, has been republished for Nonprofit Quarterly with minor updates.
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