Resiliency Pro Bono Project Highlight: Pricing Exercise

Social good organizations and nonprofits are often the first to respond in times of crisis—but all too often a lack of behind-the-scenes resources makes it a struggle for them to carry out their mission. Pro bono can help provide those resources and ultimately increase their impact 

We’re breaking down our nonprofit resource, Building Resiliency Through Pro Bono, project by project to highlight how your nonprofit can prepare to face whatever the future has to offer by working with volunteers on capacity-building projects. Check out our previous project highlights on pitch deck, competitor and collaborator analysis, and communications planning, and our latest installment below: partnering with a skilled volunteer to go through a pricing exercise. 

Ready to get started now? Request a pricing exercise project on Taproot Plus. 

How will a pricing exercise help your organization build resiliency?  

Are your organization’s programs or services being priced appropriately to cover costs? And are those costs being properly allocated? Digging into these questions can build additional financial security and pay off in times of uncertainty. Engage a volunteer with experience in budgeting and financial strategy to get to the root of your budgetary needs. 

32% of nonprofits report a need for finance support over the next 12 months
Source: Taproot Foundation 2020 Nonprofit Resiliency Survey  

How long will this project take to complete? 

A typical pro bono pricing exercise project takes between 28-36 hours to complete. It’s good to remember that your volunteer partner will be sharing around two to five hours of their time with your team per week. Once you’ve completed your pricing exercise project, our Common Pro Bono Projects Catalogue is a great resource for finding the right next steps for continuing to build your organization’s capacity.

Any other tips on making the most of this pro bono project? 

Your project will be more successful if volunteers you work with understand your mission and connect with your team—create space for them to build rapport with your colleagues, connect with your mission, and see your impact in action. 

What other related projects can I knock off my to-do list using pro bono? 

• Cost Analysis
• Finance Strategy
• Accounting

Download the full resource Building Resiliency Through Pro Bono for more ideas on how pro bono support can increase capacity and long-term sustainability at your organization.    

Get started on your own pricing exercise now on Taproot Plus!