The Top Ten Things to do After You Become a 501c3!
Congratulations on becoming a 501(c)(3) organization! Here's a refined version of the top ten things to do next:
1. Research Funding Opportunities: Identify potential grantors, donors, and partners aligned with your mission.
2. Explore Growth Opportunities: Discover conferences, workshops, and networking events to enhance your organization's impact.
3. Maintain Legal Compliance: File annual state and federal reports (Form 990) to ensure tax-exempt status.
4. Organize Records: Keep financial records, minutes, and documents accurate and up-to-date.
5. Develop a Fundraising Strategy: Craft a plan, build relationships, and confidently ask for support.
6. Cultivate Public Relations: Share success stories, leverage media, and showcase your impact.
7. Assemble a Strong Board: Recruit diverse, passionate, and skilled members to guide your organization.
8. Network Strategically: Attend relevant events, join associations, and connect with influencers.
9. Craft a Compelling Narrative: Develop elevator pitches (10-minute, 60-second, 30-second, and 15-second versions) to effectively communicate your mission.
10. Stay Mission-Focused: Remain true to your purpose, avoid distractions, and continuously evaluate your progress.
Additional tips:
- Establish a donor database and acknowledgment process
- Build a strong online presence (website, social media)
- Develop a volunteer engagement strategy
- Monitor finances and create a budget
- Evaluate programs and services for effectiveness
By following these steps, you'll set your organization up for success, growth, and lasting impact.