The financial impact of the recession on nonprofits may not be immediate, but it will come.

It’s critical to plan how to respond.

Toward that end, consultants Tom Triplett and Alex Cress developed the following list of 20 emergency funding ideas: revenue sources that can be accessed quickly, usually within 20 days.

Not all of these sources are available to all nonprofits, and some carry great risk. Nonetheless, the authors hope the list is useful and thought-provoking.

Triplett and Cress suggest combining ideas for a comprehensive response.

Funding sources like to know that they’re not the only avenue being pursued.

Finally, the following ideas relate to increasing the revenue side of the financing equation. Equally important is reducing expenses.