When it comes to a choice of stashing the money under a floorboard or putting the wad on a roll in Vegas, nonprofits generally have to take a middle road.
Although some people in executive positions have never made any mistakes, successful leaders not only make mistakes but also learn from them.
Have you reached the end of your rope with trying to do more with less and now you find you’ll have to do even “more” more with a lot less?
It’s getting near that time of year for the office Christmas/holiday/end-of-year party, a ritual once as American as calling in sick on Opening Day of the baseball season.
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.