The worth of an item or service is clear in the business world: whatever people will pay for it.
As any savvy eater knows, a beautiful presentation on a plate is very nice, but it doesn’t amount to much if the food is lousy. So it is with presentations in the business/nonprofit world: People often have to make them, and they want to make them as eye-appealing as possible.
An organization’s financial reserves are a discrete subset of its net liquid assets. They are a distinct pool of assets that an organization can access to mitigate the impact of unbudgeted, undesirable financial events and/or pursue opportunities of strategic importance that may arise in the future.
In his book “The Board Game” William R. Mott illustrates lessons that were learned due to the resignation of the head of a private school. Mott wrote that these have wider nonprofit implications.
Monthly giving donors give more and stick around longer. If your organization doesn’t have a sustainer program, it might be time to start one. Consultant Erica Waasdorp has five tips for both new and established programs seeking to acquire new sustainers through direct mail in her book, “Monthly Giving: The Sleeping Giant.”
Even on the best days, work in a nonprofit can feel like a never-ending uphill battle against forces that not only don’t weaken but multiply and become stronger.
A grant proposal is a written argument to convince a funder that your project deserves a grant award. It must be logical and well documented. It must align with the funder’s interests and giving patterns.
Do more with less. Hire the right people. Fundraise, fundraise, fundraise.
Experience might be the best teacher, but experience has shown nonprofit leaders that waiting for a fiasco and then hiding under the desk is not the way to go.
No, that suit doesn’t make you look fat.