Revenue Diversification

Hale has helped several organizations develop and launch new revenue streams including the use of grants, virtual and in-person professional development, and creation and promotion of new membership categories.  Examples of success in this arena included:

  • Developing and launching a new conference in education, new member categories that engaged business leaders and creation and marketing of student contests that yielded more than 300,000 annually

  • Raising nearly $1.5 each year for a youth services nonprofit organization, and use of investment income to help national group secure a building headquarters

  • Reserves grew by 75% at one association and by 30 percent at another – creating a solid future for those served by these associations

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