Merrill Lynch has added sustainable impact multi-asset class portfolios to its platform of impact portfolios to serve clients interested in using their investment capital for positive social and environmental purposes.
They do a lot of thinking at think tanks, or so we’ve been told, but they also offer useful suggestions once in a while.
One aspect of nonprofit operations is the culture that exists, within the sector, within an area of concern, within an organization.
Some grant proposals seek support for highly collaborative programs in which several separate organizations will work together to produce the results. “These proposals can be especially powerful,” said Barbara Floersch, executive director of The Grantsmanship Center, in Los Angeles, Calif. “A deeply collaborative program plan demonstrates dedication to making a difference by leveraging available expertise and resources.”
Most grant awards last between one and five years. While some foundations and federal programs renew awards for longer periods, grants seldom provide the kind of permanent ongoing support that allows projects to be nurtured and grown over time.
Many times nonprofit managers apply the same criteria in assigning volunteer roles that they would for paid staff. A business-like approach can be helpful, of course, but Susan J. Ellis, a consultant who specializes in volunteer management and training, suggests that being more creative in designing situations for volunteers.
Although a relationship between a corporation and a nonprofit might sound at first like the same thing anywhere, in any arrangement, that is not the case. In other words, such an arrangement can be cut to fit, rather than being pulled off the rack.
Anyone who has applied for grant funding knows there isn’t one standard, universally accepted set of terms used by grant-makers. In the new book, Grantsmanship: Program Planning & Proposal Writing, Barbara Floersch, of the Grantsmanship Center in Los Angeles, Calif., urged grantseekers to focus on concepts rather than terminology. Here’s an excerpt:
Telling the story in the right way can make the difference between getting the funding and falling short. The right way involves appealing to both the heart and the head of the prospective supporter.
Fundraisers routinely check their return on investment (ROI), but they don’t always take a close enough look at just what they are tracking or hoping to learn.
Current Print Edition
July 1, 2015Table Of Contents
Volume 29 No. 8
In The News