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The CEOs of the Ford Family Foundation, the Meyer Memorial Trust, and the M.J. Murdock Charitable Trust share a lot in common as grant makers. By Alex Daniels Kari Rowe/Kari Rowe for The Chronicle Foundation CEOs Toya Fick, Romanita Hairston, and Kara Inae Carlisle meet regularly to discuss their work.
It’s not every day that two nonprofits merge. But when they do, the merger process can either be fraught with anxiety or led with clarity and compassion. To help those considering a nonprofit merger, I called up my former client and now friend, Karen Carloni. Karen orchestrated the very successful merger of her nonprofit organization with a larger nonprofit.
Partnerships between nonprofit organizations and for-profit companies to boost workplace volunteering and community impact can create significant value for both parties. They help amplify the nonprofits’ voice, reach, and resources to advance their mission while strengthening corporate employees’ community engagement and improving their well-being and job satisfaction, according to a Deloitte survey.
By Alex Daniels The new CEOs have risen through the nonprofit ranks unlike their predecessors. Plus, see the rest of our November issue, posted online today.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
The phrase “culture eats strategy for breakfast” is often true – certainly there are situations where strategy is consumed by culture – but strategy and culture are not mutually exclusive. Why not tend to them both at the same time during strategic planning? Strategic planning is daunting Many nonprofits begin strategic planning work with trepidation and possibly even scar tissue from prior efforts.
By Nicole Wallace Brilliant Detroit The organization is taking its program to Chicago, Cleveland, Philadelphia, and Pontiac, Mich. Another 31 cities are on a waiting list.
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By Nicole Wallace Brilliant Detroit The organization is taking its program to Chicago, Cleveland, Philadelphia, and Pontiac, Mich. Another 31 cities are on a waiting list.
Funders put the budget and budget justification under a microscope. According to Barbara Floersch of The Grantsmanship Center in Los Angeles, Calif.: “You’ve got to get it right. When you understand their concerns and the questions they’ll pose, you’re in a much stronger position to nail it.” Here’s a list of questions funders are sure to ask. * Does it fit within our general range of giving?
Making a change to your organization's CRM can be a daunting task. However, a powerful and sophisticated tool is crucial to your nonprofit's success. Virtuous is here to provide this quick guide to changing CRMs, allowing you to walk through each step with confidence. Download today!
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
It has been well documented that volunteers make solid donors. There has also long been the belief that people who are retired are more likely to give to charity. Well, only one of those ideas is correct according to new data from Fidelity Charitable. In a survey of adults ages 50 to 80, pre-retires outpaced retirees in volunteering during the prior 12 months at 71% for pre-retirees and 55% for retirees even though the likelihood of giving is roughly the same.
By Alex Daniels Laura Pedrick Gill has backed medical research, the performing arts, children’s health, and building bridges with the U.S. Muslim community.
By Alex Daniels Ewing Marion Kauffman Foundation Burns-Wallace, a seasoned administrator, has bridged the foundation’s siloed programs and restructured the staff.
Speaker: Tim Sarrantonio, Director of Corporate Brand
Do you really know your donors? Not just what they give, but who they are? 👥 In this interactive session, we’ll break down how nonprofits can use behavioral indicators (affinity, recency, frequency, and monetary value) to build prospecting segments that go beyond wealth screening and actually align with donor identity. You’ll walk away with practical strategies to move beyond basic demographics and cultivate supporters based on how they already engage with you!
Vote Run Lead says the 2024 election could be historic in another way — resulting in 51 percent female representation in seven state legislatures. By Stephanie Beasley STEPHEN MATUREN/AFP via Getty Images Minnesota State Representative Leigh Finke (center) speaks with colleagues during a session of the Minnesota House at the State Capitol Building in St.
Image Credit: photos by Mohammed Ibrahim on Unsplash, Anzhela Bets on Unsplash , Henry Wilkins via VOA, and Steve Sandford via VOA “Civil society is being tested like never before by a series of multiple and accelerating crises” (4). So begins the 2024 State of Civil Society Report by Civicus, a global alliance of organizations dedicated to preserving and strengthening civil society—a broad term referring to the many non-governmental institutions, from nonprofits and NGOs to unions to social mov
The Atlanta billionaire gave $2 billion to a range of causes and threw his support behind many Atlanta nonprofits during his lifetime. By Maria Di Mento Photo by Gregory Campbell Bernie Marcus wanted to be remembered for his philanthropy. The Atlanta billionaire gave $2 billion to a range of causes and threw his support behind many Atlanta nonprofits during his lifetime.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
A ten-week series on things you should know about fundraising. Numbers numb; stories stimulate. The human mind is pre-set to tune out numbers (especially large ones) and to pay attention to stories. If your fundraising is built around statistics — like the number of people living poverty, or the number of people diagnosed with a disease — you are actively priming people to ignore your message.
Musk’s interference in the presidential race represents the obliteration of philanthropy’s political red line and is a signal flare for the field. By Benjamin Soskis Alex Brandon, AP Elon Musk’s actions threaten to solidify a new set of norms about the relationship between private wealth, politics, and democratic ideals, the author argues. Above, Musk at a Trump campaign event in Butler, Pa., in October.
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