Blog posts from February 2017
It's time to work smarter not harder. Just as you plan for a meal, the task of developing an endowment plan can at first be perceived as a daunting task. The lack of time, staff, capacity and a budget can be huge stumbling blocks to the necessary requirements for endowment development. Here are four steps you can take to get started.
I was chatting with a friend about professional development recently, and he brought up something that really irks both of us—nonprofit executives that are reluctant to provide mentorship or even to start a conversation with junior staff about their career goals. If I invest in this rising star, the thinking goes, then she will go get a better job and my organization will lose her talent. Our career development efforts will be wasted. This attitude does no one any good. Here's why.
For years, I’ve noticed that the majority of faces you see in most nonprofits belong to women. Beyonce got it right: women are the backbone of the social sector! They lead organizations, run departments, and power nonprofits at all levels. In fact, women make up most of the nonprofit workforce, yet despite that, we still occupy only a small percentage of the leadership slots at the top 400 charities. Read on to learn how we can change that.
According to the GivingUSA reports for at least the last 5 years, more than 70% of the $378 billion contributed to nonprofits each year has come from individuals—and if you factor in family foundations, that number probably comes close to 80%. Since individuals consistently make up the largest donor group, it is worth looking at how to can create a sustainable fundraising model that focuses on building relationships with your donors.
Despite the size of the $1.5 trillion nonprofit sector in the U.S.—nearly 10% of the economy—nonprofits are subject to rather minimal independent professional scrutiny beyond annual audits. If you work at a nonprofit and want to assess your own performance or if you are an investor looking to give to the most impactful organizations, how can you spot superior performance? Here is a brief overview of ten things you should look for when determining if a nonprofit organization is a high performer.