Budget Planning: 5 Reasons Why Nonprofits Fail Financially & How To Avoid Them
This is the time of the year when many nonprofit organizations are focused on preparing their budgets for the new fiscal year that will begin in July. As you complete your budget checklist, it’s important to look beyond just the next year’s finances, and think about the long-term sustainability of
Roundtable: Succession Planning for Nonprofits – Managing Leadership Transition
Developing leadership at all levels – and retaining high-performance employees in a competitive talent market – is one of the most important things a nonprofit organization can do to ensure its sustainability and success. This means building and cultivating a pipeline of high performers and leaders, and taking steps to
Roundtable: Time to Get Serious About Social Enterprise
With diminishing charitable donations and public funding becoming a major issue for many nonprofit organizations, today’s nonprofit leaders are looking to social enterprise as a way to generate potentially significant sources of unrestricted cash that will reduce their nonprofit’s reliance on traditional funding to support its mission and achieve its
Roundtable: The Nonprofit Business Plan – A Tool for Organizational Success & Increased Funding
In a world of diminishing resources and ever increasing demands for improved service delivery, the pressure on nonprofit organizations to do more with less grows each day. The nonprofits that will survive are the ones who can critically self-assess their organization and best communicate their value to funders. Foundations – like everyone