Yesterday I talked about the power and ease of working with other nonprofits who serve as sponsors. I mentioned that when I worked at Children’s Miracle Network Hospitals (CMNH) my four nonprofit sponsors were collectively worth more than $5 million a year to CMNH. That was more than 10 years ago and I’d be surprised if the current number for those four sponsors wasn't some multiple of $5 million. So how do you recruit valuable nonprofit sponsors? Here’s five tips: Network, network, network. The initial contact with the American Legion came through Riley Hospital for Children, the CMNH member hospital in Indianapolis. Someone knew someone at the Legion headquarters there, and my predecessor sweet-talked, cajoled and weaseled his way towards the decision-makers, many of whom had had personal experience with Riley. A ‘no’ doesn’t always mean no; sometimes it just means not now. What I mean is that persistence is vital if you want to recruit new sponsors. So, too, is good-timi...
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