The Profit Paradox: Why Nonprofits Need Profit to Thrive When people hear the word “nonprofit,” they often assume that making a profit isn’t important, or even that it’s somehow inappropriate. After all, the mission is to serve, not to make money—right? But this is a dangerous misconception. The truth is, for a nonprofit to thrive and effectively fulfill its mission, it needs to generate a surplus—or, to put it Read More
How public policy informs nonprofits
Social Impact Advisory Meeting, August 2024 Tracey Edwards-Moore, (Panelist), leadership and JEDI: justice, equity, diversity, inclusion and belonging. Rich Harrison (Panelist), CEO for Lighthouse Community Public Schools Mira Weinstein, (Moderator), Organizer in chief at Organizing to Win.At our monthly Social Impact Read More
Business-Nonprofit Partnerships
Social Impact Advisory Meeting, July 2024 Adimika Meadows Arthur (Panelist), Founding Executive Director of Health Tech for Medicaid. Ben Brittingham (Panelist), CEO of Bedrock Branding Blase Bova (Panelist), Executive director of St. Vincent de Paul of Alameda County Dale Marie Golden Read More
Hybrid and Remote Work: Impacts on Nonprofits
Social Impact Advisory Meeting, June 2024 Shana Peete (Panelist), CEO of Center for Excellence in Nonprofits (CEN). Becky Barton (Panelist), Leader at People415 Grainger Marburg (Moderator)At our monthly Social Impact Advisory Group meeting, we wanted to explore the opportunities and implications for Nonprofits who have Read More
Market & Economic Snapshot Q2 2024
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When Your Nonprofit Should Consider Hiring Financial Experts
Every nonprofit starts with a vision—a powerful idea to make the world a better place. However, the road from an ambitious vision to real-world impact is fraught with practical challenges, not the least of which is financial management. The stakes are high, and maintaining the financial health of your organization is a requirement for sustaining and expanding your impact. Here’s a straightforward look at when and why Read More
Finding the Right Endowment Advisor for Your Nonprofit
You're committed to your mission. You strive for impact. Yet, the stability and growth of your nonprofit hinge on decisions that may not headline your monthly meetings: selecting the right endowment advisor. It's not just another item on your agenda—it's a pivotal choice that could redefine your financial future and mission success. Let’s explore how you can approach this decision strategically, ensuring your Read More
A Modern Nonprofit Podcast: 501(c)3 management
The latest episode of "A Modern Nonprofit Podcast" features Maya Tussing, a financial professional and co-founder of Fairlight Advisors, who specializes in investing for nonprofit organizations. Maya and her team are dedicated to helping nonprofit organizations manage their investments effectively. In this episode, Maya shares valuable insights on various financial topics crucial for nonprofits, from understanding Read More
How to Use Data To Advance Fundraising
Social Impact Advisory Meeting, May 2024 Kelly McGeehan (Panelist), Principal Consultant of Conduit Philanthropic Intelligence Partner Donalda Watson-Walkinshaw (Panelist), Director of Fundraising Operations for Fistula Foundation Solomon Belette (Moderator) At our monthly Social Impact Advisory Group Meeting, we wanted to Read More
Important Questions to Answer Before Establishing an Endowment
Establishing an endowment fund is a significant goal for any nonprofit organization. A successfully managed endowment often leads to long-term financial health and mission fulfillment. An endowment acts as a financial safety net, enabling nonprofits to weather economic fluctuations and invest in their future. However, that doesn’t mean that every nonprofit should automatically endeavor to establish one. To set this Read More
