Any manager knows that the first day anywhere can be daunting, and the nonprofit can offer its own challenges.
When it comes to major gifts, there are effective strategies, and then there are not so effective strategies.
To help any CFO joining a nonprofit, especially from the business world, the Bridgespan Group offers a quiz for nonprofit the aspirants.
Recent changes by the Internal Revenue Service (IRS) to Form 990, at the prodding of Congress, will have an effect on transparency, especially regarding governance.
Applying due diligence to any decision can be trickier than it sounds. But in their book Making Critical Decisions, Roberta M. Snow and Paul H. Phillips maintain that there are 16 elements of the due diligence process that can apply to nonprofit organizations.
Donors make an emotional commitment to your organization before opening up their wallets. Nonprofits bent on maintaining that financial relationship must work harder to prove they are donation worthy, according to Troy Stremler, founder and CEO of Englewood, Colo.-based Newdea, a vendor of Web-based philanthropy management tools.
For board members who are new to your organization, it might be the first time they’ve been involved in the governance and operation of a nonprofit. While they might be aware of what’s expected in terms of duties, there also are other things they can do to be the best board members they can be.
The news media can help get the word out about your organization – if you know how to reach them. Press releases can inform journalists and editors about your organization and hook them for a story. But you should know what kind of news makes it to print before sending out a press release, according to Janet Rice McCoy, assistant professor at Morehead State University, and Jeanette Drake, associate professor at Kent State University, at Blackbaud’s 2008 Conference for NonProfits. So what are journalists looking for?
Asking for money can be a little nerve-wracking, whether you’re a board member, volunteer or even if you do it for a living. But there are some simple things to remember to make solicitations a little easier on you.
It’s not much of a newsflash — the economy is getting a little tighter. Campaigning for donations may get harder in the coming months with financial insecurity swimming in donors minds.