For a nonprofit, the strength of an organization’s governance structure makes a big difference in its long-term success. While passion for the mission is noble, the ability to manage finances prudently is equally essential. Not every board is equipped with members who have the financial acumen needed to navigate complex investment strategies, endowment management, or risk assessments. This is where the concept of Read More
Steering Clear of Icebergs: Why Nonprofits Need Risk Awareness
Imagine you're the captain of a ship navigating through uncertain waters. The seas might seem calm, but hidden beneath the surface are icebergs—silent, invisible threats that could destroy your vessel if you don’t see them coming. In the world of nonprofits, these icebergs represent the risks that can disrupt your mission, drain your resources, and even sink your organization if you’re not vigilant. A so-called Read More
The Profit Paradox: Why Nonprofits Need Profit to Thrive
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
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
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
A Unified Approach to Financial Health and Fundraising
In the nonprofit sector, the drive to secure funding often overshadows the equally important task of financial management and strategic growth. Many organizations tend to focus on fundraising exclusively. This is sometimes at the expense of developing a sustainable financial strategy that ensures long-term viability and growth. Bridging this gap requires a collaborative effort between stakeholders. One of the most Read More
In-House Management: Pros and Cons
Managing an endowment isn't just a financial task; it's the lifeblood of your nonprofit, the key to sustaining your mission and making a lasting impact. With years of experience working for Wall Street firms, we’ve seen firsthand the power of smart investment strategies and the critical importance of ethical fund management. The decision to manage your endowment in-house or to seek external expertise isn't one to Read More
Embracing Risk: The Path to Agility and Resilience in Nonprofits
For nonprofits, success hinges on the ability to adapt and endure, especially during challenging times. Effectively managing endowments and investments presents opportunities for increased stabilities. This has been exemplified in recent years, particularly with the COVID-19 pandemic testing the resilience of many organizations. Some nonprofits, which were considered to be robust and successful in raising funds, Read More
Q4 2023 Summary
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