Having a powerful network can bolster a nonprofit’s donor base, ensure financial resilience and open access to additional funding sources. But what happens when the Executive Director and Board Members do not have a powerful network? The result is a Network Gap. I have been following LinkedIn’s Research and Social Impact focus on The Network Gap and have been continuing to ponder it terms of nonprofit fundraising and Read More
Time to Review Your Nonprofit’s 403b Retirement Plan
For those Chief Financial Officers who may have recently joined a nonprofit organization, you are likely wondering how to choose a 403b plan. As you review the current retirement plan, what are the important facts to know? Contact your Plan Administrator and your Investment Advisor so you can be briefed on the plan. Documents you should have on file for your review are: Summary Plan Description and Plan Read More
Pulling Back the Curtain: Mission-Driven Organizations Addressing the Weaknesses of the US Healthcare System
While the US boasts some of the most distinguished healthcare institutions and experts in the world, it is no match for the health and economic destruction of COVID-19. Worse, it has exposed weaknesses in a US health system that is large and complex. According to PolicyAdvice.net the US spends over $10,000 per capita on healthcare, twice the rate of other developed countries, yet it is struggling to provide care Read More
