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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 …
The Nonprofit Student-Debt Conundrum
At first glance, nonprofits and millennials seem like a match made in heaven. Despite often being judged by our peers, our so-called “entitled” generation puts our desire for positive change above almost all else, seeking jobs that allow us to both do …
Process, Process, Process: The evaluation model you shouldn’t ignore
In a nonprofit’s toolkit, evaluation is key for making meaningful adjustments that cultivate success. As nonprofits, we are expected to be accountable to our boards, our staff, our funders, our partners, and most importantly, our clients or cons …
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 …
How to Work With Your Banker Amidst Change
With more than 25 years of banking experience and an equal tenure serving the Portland, Ore., community with Catholic Charities, Impact NW and other organizations, Kathy shares this advice for how to help your banker to give your organization as much c …
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 …
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 …
