Monetization/Meeting Notes 2017-08-21 - Revision history

BobJonkman: /* Financial Software */ Add prefix to link

2017-09-03T18:03:23Z

Financial Software: Add prefix to link

BobJonkman: /* Financial Software */ Add link to TechSoup Canada Constituent/Donor Relationship Management

2017-09-03T18:02:50Z

Financial Software: Add link to TechSoup Canada Constituent/Donor Relationship Management

BobJonkman: /* Tax Software */

2017-08-22T18:53:16Z

Tax Software

BobJonkman: /* Financial Software */

2017-08-22T18:52:22Z

Financial Software

BobJonkman: /* Crowdfunding */

2017-08-22T18:50:17Z

Crowdfunding

BobJonkman: /* Two companies? */

2017-08-22T18:47:11Z

Two companies?

BobJonkman at 00:51, 22 August 2017

2017-08-22T00:51:06Z

BobJonkman at 00:33, 22 August 2017

2017-08-22T00:33:36Z

BobJonkman at 00:32, 22 August 2017

2017-08-22T00:32:23Z

BobJonkman at 00:28, 22 August 2017

2017-08-22T00:28:57Z

@@ Line 113: / Line 113: @@
 * "Canada Donates" is also useful for NonProfits
-* [http://www.techsoupcanada.ca/en/directory/346 Constituent/Donor Relationship Management]
+* TechSoup Canada: [http://www.techsoupcanada.ca/en/directory/346 Constituent/Donor Relationship Management]
 ===== Accounting software: =====

← Older revision		Revision as of 18:02, 3 September 2017
Line 112:		Line 112:

	* "Canada Donates" is also useful for NonProfits		* "Canada Donates" is also useful for NonProfits
		+
		+	* [http://www.techsoupcanada.ca/en/directory/346 Constituent/Donor Relationship Management]

	===== Accounting software: =====		===== Accounting software: =====

← Older revision		Revision as of 18:53, 22 August 2017
Line 128:		Line 128:


−	If you're looking to monetize your NonProfit group, joining TechSoup is very beneficial. (spontaneous endorsement from KWNPSA attendee)	+	"If you're looking to monetize your NonProfit group, joining TechSoup is very beneficial." (spontaneous endorsement from KWNPSA attendee)

	[[Category:KWNPSA Meeting Notes]]		[[Category:KWNPSA Meeting Notes]]

@@ Line 93: / Line 93: @@
 * Spreadsheets are prone to user error, eg. changing or deleting a formula
 * Orgs hold fundraisers to pay for events
-** Events themselves may raise funds to be
+** Events themselves may raise funds through admission fees
 * There exists fundraising software
 ** Similar to contact management software, eg. CiviCRM, Sales Force Automation, Symantec ACT!
@@ Line 106: / Line 106: @@
 * "Grant Station" (subscription software, available through TechSoup)
-** TechSoup subscription is more flexible (cheaper) than directly from Grant Station
+** TechSoup subscription is more flexible (cheaper) than purchasing directly from Grant Station
 ** Provides a list of Canadian and American grant agencies
 ** helps prepare online pitches for donations
@@ Line 112: / Line 112: @@
 * "Canada Donates" is also useful for NonProfits
 ===== Accounting software: =====

@@ Line 78: / Line 78: @@
 ** People proposed their own projects, advocated for them, got the funding. Then the City would implement them.
 *** Thorough failure... People did not want to give money for things they had already paid for through taxes
-* Education: Raising money for supplies, programs was halted by the Ministry of Education: "We already provide funding for that."
+* Education: Raising money for supplies, program was halted by the Ministry of Education: "We already provide funding for that."
 ===== Financial Software =====

@@ Line 16: / Line 16: @@
 ===== Two companies? =====
 * If activities don't fit within the mission statement, then CRA may consider it a separate, for-profit company
-* Charitable companies a re particularly vulnerable, hassled by CRA
+* Charitable companies are particularly vulnerable, hassled by CRA
 ===== Drawbacks to monetization =====

@@ Line 83: / Line 83: @@
 ===== Financial Software =====
 * Purchasing financial software also purchases the skills and expertise of building such a system (Lawyers, accountants)
 ** A way of recording transactions without requiring the expertise of accountants
-** Avoid bitrot
+** Avoid bitrot (spreadsheets may not be the same from one year to the next)
 * QuickBooks?
 ** Has a non-profit module
@@ Line 97: / Line 98: @@
 * There exists fundraising software
 ** Similar to contact management software, eg. CiviCRM, Sales Force Automation, Symantec ACT!
 ** Good for larger NonProfit orgs, too complicated for small ones
 ** And with a list of donors, privacy becomes a concern
@@ Line 103: / Line 106: @@
 ** Coordinates with maturity of investments held by donors, when NonProfits can get a pledge.
 ** Good software can snipe other NonProfits looking for donations
 ===== Accounting software: =====
@@ Line 117: / Line 129: @@
 * LibrePlanet Ontario: Free Libre Canadian Tax Preparation Software Project https://libreplanet.org/wiki/Group:LibrePlanet_Ontario/FLCTPSP
 * UFile:  worked under WINE (Wine Is Not an Emulator) until Win10
 [[Category:KWNPSA Meeting Notes]]

@@ Line 52: / Line 52: @@
 ** Or set up your own foundation, then the KW Community Foundation will provide the administration for it
 ===== What does a SysAdmin do to enable monetization? =====
@@ Line 102: / Line 81: @@
 * Education: Raising money for supplies, programs was halted by the Ministry of Education: "We already provide funding for that."
 ===== Accounting software: =====

@@ Line 12: / Line 12: @@
 * Food co-ops
 * Musical societies (CDs, services)
-* Event admission
+* Event admission for political groups, rallies
 ===== Two companies? =====
@@ Line 33: / Line 33: @@
 * Some NonProfits deal with esoteric financials (book sales, royalties), may not have a system in packaged software
 * Need specific information that the grant agency (that provides funds) wants to see
 ===== Methods of monetization =====
-* Larger groups (orchestras?) are pitching bequeathing estates as donations, triggered by a will.
+* "Legacy Gifts": Larger groups (orchestras?) are pitching bequeathing estates as donations, triggered by a will.
-* Integrate small groups int o the finances of a larger organization, eg. at a University
+** Important to performance groups, as their audience ages
 ** But the reporting needs may not be adequate.
 * Need to know about methods for funding proposals
 ** Software? Forms? Documents?
-* http://career.publicoutreachgroup.com/ Facilitates
+* http://career.publicoutreachgroup.com/ Facilitates fundraising for non-profits
 ===== Financial Software =====
@@ Line 55: / Line 65: @@
 * Orgs hold fundraisers to pay for events
 ** Events themselves may raise funds to be
-* http://www.techsoupcanada.ca/en/taxonomy/term/287
+* There exists fundraising software
 ===== What does a SysAdmin do to enable monetization? =====
@@ Line 86: / Line 103: @@
+LibrePlanet Ontario: Free Libre Canadian Tax Preparation Software Project https://libreplanet.org/wiki/Group:LibrePlanet_Ontario/FLCTPSP
 [[Category:KWNPSA Meeting Notes]]