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Top 10 Nonprofit Board “Worst” Practices
Hey board members, let’s face it, navigating your position can be tricky. On top of your day job, you’ve agreed to contribute your best thinking to a nonprofit. If you don’t have much experience in the nonprofit world, it has its own set of rules, and …
Funding Innovation: Top Tips
In the business world, innovation is seen as part of everyday business—it’s necessary for a company’s survival to stay ahead of the curve. In the social sector, innovation is just as important since nonprofits solve complex social problems, yet getting …
Social Enterprise & Earned Income: A Key To Revenue or a Distraction?
Have you been in a board meeting discussing funding and the challenges of growing revenue and heard someone say, “I know, we should open a for profit venture!” In an era of continuous government funding cuts and foundations seeking “innovation,” many o …
The New Fundraising Frontier: Impact Investing
Capital campaigns can be a slog! Most organizations face similar challenges: donor fatigue, the time it takes to raise funds, rising development costs, and concerns about falling short of your fundraising goals. But what if there were another way to ra …
Show Me The Money! A Step Toward Solving the Problem of Operating Support
Having spent nearly twenty years in the nonprofit sector, I can tell you without a doubt that the field is totally undercapitalized. We all know this! People are underpaid, many facilities were “updated” in the 1970s, and in order to review the financi …
Financial Focus: You Told Us
In our April issue, we asked you to offer your thoughts on how the current political landscape will affect your organization’s funding. Your answers weren’t surprising, but they weren’t optimistic either. That’s understandable. It’s tough …
Toolkit: How to Create Cash Flow Projections
For many board members and small nonprofit managers, assessing financial security can create some anxiety. As board members hold fiscal responsibility for the organization, knowing where the organization stands from a cash flow perspective can b …