Any nonprofit leader can explain the value of a donation: It’s a donation. It’s money. We need money to fulfill our mission.
“When you’re developing the budget for a grant proposal, be sure to consider indirect costs,” said Holly Thompson, contributing editor at The Grantsmanship Center in Los Angeles, Calif. “Because each grant-funded program is dependent upon your organization’s infrastructure, indirect expenses are an important part of the proposal budget.”
Just as effective nonprofit operation requires more than a desire to do good, it also requires more than throwing money at a problem and hoping it will go away.
It is one thing to say a nonprofit must have a culture of risk awareness. It is another thing entirely to create, promote and sustain such a culture throughout an organization. An organization with a good risk-awareness culture is better prepared to manage risk and to handle problems when they occur.
Nonprofits managers are finding the benefits of soliciting and securing legacy gifts, but legacy fundraising is still uncharted area in many ways.
What regulates hiring? Employers working with children or people who are otherwise vulnerable cannot hire people with a history of abuse. What regulates hiring? A host of new laws limiting the ability of employers to discriminate based on certain criteria, such as a criminal record.
People who land jobs do a few things slightly differently than those who do not and some of those things are very easy.
The nonprofit sector abounds with stories of people who want to terminate or significantly change the requirements of a donor advised funding plan. Very often disputes, such as children of the original donors charging that the recipient has diverged from the parents’ wishes, are acrimonious and, worse for the sector, high profile.
The Seven Deadly Sins — many religions identify them as the basis for potential wrongdoing. The big sins have even have been used by writers and moviemakers as the basis of thrilling (maybe) stories.
Hiring a grant consultant is one way for grants-driven nonprofits to maximize their productivity and gain new perspectives and expertise. “Consultants can be an asset to a busy development department that’s working hard to keep up with deadlines,” said Holly Thompson, contributing editor for The Grantsmanship Center in Los Angeles, Calif. “But the partnership will be most successful when roles and expectations are clearly spelled out from the beginning.”
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May 1, 2015Table Of Contents
Volume 29 No. 6
In The News