Time for an Endowment?

Posted , by Wendy McGrady. Topic: Fundraising, Nonprofit Management.

Creating an endowment seems like a sound business practice to most nonprofit boards. But is it really the next logical step for your organization? “For many, amassing an endowment represents a ‘nirvana’ state, where fundraising (and related pain) ceases and programs are amply funded,” wrote Clara Miller, CEO of the Nonprofit Finance Fund, in a… Read more »

Is a DoD the Answer to Your Fundraising?

Posted , by Wendy McGrady. Topic: Nonprofit Management.

Over the last few weeks, Keith and I have both encountered the same issue with nonprofits boards that have recently hired a development director. I know it’s a very big step for small nonprofits to take, but it should not be done with the intention of that person solving all the fundraising issues and challenges… Read more »

Hunkering Down Is Not the Answer

Posted , by Keith Curtis. Topic: Nonprofit Management.

At the Giving Institute’s April conference, we had a presentation by Dr. Paul Light, Goddard professor of public service at New York University and senior fellow and founding director of the Center for Public Service for Brookings Institution. According to Light, during the recession and now into the economic recovery, nonprofits have been battered by… Read more »

Different Economy Requires Different Tactics

Posted , by Keith Curtis. Topic: Nonprofit Management.

An article published yesterday in The Wall Street Journal, “Once-Robust Charity Sector Hit With Mergers, Closings, “ confirms what we’ve been addressing in our trainings and presentations for the past year and a half. It’s unfortunate to see nonprofits that are helping folks shut down, but as the article explains, the reality is there are… Read more »

What Nonprofits Can Learn from Haiti

Posted , by Keith Curtis. Topic: Nonprofit Management.

No doubt you’ve heard about the huge role that social media and mobile giving has played in raising money for victims of the Haiti earthquake. By a week after the disaster, more than $220 million had been contributed to major U.S. relief groups, according to The Chronicle of Philanthropy. Of that, $22 million was raised… Read more »