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A Milestone in Nonprofit Lending
Hello Avocados! We wanted to share this exciting milestone from the Nonprofits Insurance Alliance of California, founding and ongoing sponsor of Blue Avocado. In January 2017, the Nonprofits Insurance Alliance of California (NIAC) reached $2 mil …
How to Work With Your Banker Amidst Change
A nonprofit borrower that starts to struggle can fall quickly from an acceptable risk to an unacceptable risk.
The Financial Outlook for Nonprofits
Last issue, we included a survey and invited you to share what 2017 was going to look like for your organization’s financial outlook. Almost 500 of you shared your answers — thank you!! — and we’re happy now to share back with all of you what we …
Is Your Nonprofit Ready for a Capital Project?
I have an almost-two-year old who just discovered Mega Blocks and how to stack them as tall as possible before they fall. That usually leads to some two-way negotiation about where the next block should go, to avoid a cascade of blocks and tears. (Some …
Everything We’ve Been Taught About Major Gifts is Wrong
Of course, by “everything” for purposes of this article I mean “three big things.” But conventional wisdom can lead us astray when devising effective fundraising strategies. Like leprechauns, these mythical truisms can mislead us into thinking we shoul …
A Board Member’s Guide to Nonprofit Overhead
Calculating overhead rates and managing overhead expense are important staff roles. Board members are not required to know how do staff accounting work, but we do need to bring an informed perspective to our oversight: Harvard’s indirect cost ra …
A Funder’s Message to Other Funders About Overhead
This article is adapted from a presentation made to Grantmakers for Effective Organizations (GEO). Our deepest thanks to Unmi Song for speaking these truths: Good afternoon; I am Unmi Song, President of the Lloyd A. Fry Foundation. The overhead …
First Person Nonprofit: A Day in the Life of a Major Gifts Officer
So exactly how do you lead someone up to a $1 million ask? The director of major gifts at a large regional environmental organization agreed to tell us everything… as long as we didn’t reveal her name or organization. And best of all: post you …
Adding It All Up: Nonprofit CFO Study
This survey of 906 nonprofit finance professionals reveals some surprises about these crucial-but-often-overlooked staff, looking at questions ranging from educational backgrounds, workload, board and CEO understanding of finance, and CEO compensation: …
Charity Raters Part II: Managing Your Rating
In Part I of this two-part article, we summarized the features and criteria of six of the best known “charity raters” including Charity Navigator, Better Business Bureau, and others. Many readers added thoughtful comments and noted lesser-known raters …