257: From Scarcity to Strategy: Building Financial Resilience in Nonprofits with Karen Houghton

Did you know a scarcity mindset can drain energy and limit your impact, but a strategy mindset builds stability, confidence, and growth? 

In this episode, Mallory and Karen from Infinity Giving explore how nonprofits can break free from a scarcity mindset and embrace a strategy mindset that prioritizes financial stability. They focus not only on the importance of challenging assumptions, normalizing money conversations, and meeting donors where their wealth truly lies, but also on the importance of building reserves, creating infrastructure for non-cash gifts, and hinting at the readiness of the right partnerships to donors, which are essential steps to a long-term sustainability. 

Karen Houghton is the CEO of Infinite Giving, a leading nonprofit technology and investment advisory firm that helps nonprofits raise, invest, and steward their money. Through her firm, she provides nonprofits across the nation with tools, strategies, and the confidence needed to build financial sustainability. Karen and her team believe that the more sustainable nonprofits there are, the better our communities and the world will be. With a lifelong connection to nonprofits and a career crossover into technology and venture capital, she brings a unique perspective on bridging the gap between nonprofit needs and financial tools. 

In this episode, you will be able to: 

• Learn how to shift from a scarcity mindset to a strategy mindset in nonprofit finance.

• Discover why building and protecting reserves is essential for long-term stability.

• Discover practical ways to prepare for and accept non-cash gifts like stock, crypto, and donor-advised funds.

• Learn strategies to signal readiness and build donor confidence. 

Get all the resources from today’s episode here. 

Support for this show is brought to you by Practivated. Practivated delivers AI-powered donor conversation simulations that let fundraisers practice in a private, judgment‑free space—building confidence, refining messaging, and improving outcomes before the real conversation even begins. Developed by fundraising experts with real‑time coaching at its core, it’s the smart way to walk into every donor interaction calm, prepared, and ready to connect. Learn more at practivated.com

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Website: malloryerickson.com/podcast

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If you’re looking to raise more from the right funders, then you’ll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point.