Blog

Have you ever wished that property abutting one of your current locations would come on the market? What if a for-profit service provider in your community wanted or needed to exit a facility that was perfect for a service expansion? What if the undeveloped parcel that fits your long-term strategic plan suddenly became available after years of cultivating the owners?

Would you be in a position to close? The timing doesn’t always line up, and it’s possible that you wouldn’t be. But instead of walking away, consider the often-overlooked source of bridge funding: the friendly buyer. The friendly buyer purchases and holds the real estate with the intention that at some future date, your organization can and will purchase from them.

Here are three scenarios that we’ve seen play out in real life.

As the new year rolls in, many nonprofits are embarking on a brand-new budget, with clean slates, fresh aspirations, and strategies poised for success. You may also find your organization with a new class of volunteers on your board of directors, fresh faces on committees and perhaps even new staff members on your team.

I recently joined a meeting with a new client that is about to embark on his first capital campaign. He asked a great question, “What do you wish you would’ve known before your first capital campaign?”

Hindsight is usually 20/20 so I was grateful for this great question and the ability to help this client avoid some preventable pitfalls.

A few tips came to mind:

When thinking about ways to use real estate assets to further a nonprofit’s mission, we often focus on underutilized real estate and how we might turn those into cash. However, as nonprofits seek ways to use contributed and earned revenue dollars more efficiently, it may also be a good time to rethink how you use your office space. 

Autumn has arrived and the end of the year is much closer than the beginning.  The fourth quarter can make or break your financial results and there are a number of things your organization should be talking about right now to help ensure the greatest possible success.

By Brian Keel and Bruce Berglund

Throughout the past few months, conversations with clients from around the country have centered on one basic question:

By the DBD Finance Team

Congress has enacted several key pieces of legislation over the last year to help businesses continue operations during the COVID pandemic. As we move deeper in 2021 it is important to know that several types of assistance for non-profit organizations still exist. While not every organization qualifies based on size or adverse economic impact, it is worth looking to see where you fit in.