Episode 100 | How to Face the Inevitable Budget Deficit
About this episode
In this milestone episode, Kim Williams discusses how to address budget deficits in nonprofits using her personal experiences and a three-step framework.
Episode 100 — How to Face the Inevitable Budget Deficit A third of nonprofits saw federal funding decline last year, and nearly three in ten saw cuts in state and local support. If your organization is behind goal, you are not the exception. In this milestone hundredth episode, Kim shares three deficits from her own fifteen years leading a nonprofit, one inherited, one funder-driven, one government-driven, and the three-step framework she uses to size up a shortfall before ever touching a strategy. She walks through the exact playbook that carried her through every one of them, and what it took to go from a $500,000 gap to closing an $11.5 million capital campaign.
People in this episode
Host: Kim Williams
Topics covered
- budget deficit
- nonprofit management
- funding challenges
- financial strategy
- capital campaign
Keywords
- budget deficit
- nonprofit funding
- financial strategy
- capital campaign
- funding cuts
Mentioned in this episode
Organizations: nonprofits, federal funding, state and local support
More episodes of Life & Leadership with Kim Williams
- Episode 101 | Leading Change Without Losing Your Team
- Episode 99 | Take One Action Today to Win at Year-End
- Episode 98 | The Programs That Changed Everything: The Power of Engaged Giving
- Episode 97 | From $20,000 to Six Figures: What North Texas Giving Day Taught Me About Community Trust
- Episode 96 | Stop Asking Donors to Fund Growth. Ask Them to Fund Excellence.
Explore listener stats, chart rankings, contacts and more on the Life & Leadership with Kim Williams podcast page.