While most companies are becoming greener, some businesses are actually baking sustainability into their businesses to create breakthrough innovations, larger profits and infectious social good. These ecologically-minded organizations are magnetizing consumers with a similar worldview to buy their products and together with other likeminded individuals and entities are creating a “sustainable” community to help save […]
The phrase “Trust but verify” was made famous by Ronald Reagan after the signing of the Intermediate-Range Nuclear Treaty with Mikhail Gorbachev in December 1987. At the time the Soviet General Secretary bantered, “You repeat that at every meeting,” to which Reagan replied, “I like it.” What was President Reagan really saying? He was saying, […]
Lagging indicators are easy to measure but can be hard to influence. For nonprofits, a clear lagging indicator that is easy to measure but hard to improve on is donations. The problem with lagging indicators is, well, they’re lagging. It’s not too tricky when we are experiencing year-over-year increases in revenues but quickly becomes a […]
Nonprofits want more funding. Funders want more confidence. More confidence comes from demonstrated operational competence. Funders with more confidence give more. Operational competence can be measured and improved. According to Overcoming Barriers to Giving, Fidelity Charitable’s latest study of over 3,200 donors, 64% of donors want to give more. While your donors may have other […]
You are not alone. When it comes to getting an objective view of your organization’s operations, most nonprofit executives and board members are too close to judge. One of the hardest parts is determining where the gaps are and what to do about them. Until very recently, the only real option was to have a […]
Promises to save nonprofits thousands in consulting fees, while creating effectiveness and bringing in more funding. HEALDSBURG, Ca., Oct. 1, 2019 – The Global Center of Nonprofit Excellence® announced today the release of an innovative tool for nonprofits called OpX360®. Combining nonprofit best practices and artificial intelligence, this online tool will measure and offer improvements to operational […]
Is there competition between nonprofits? Probably, even if it is not head-to-head competition. Here’s why: The number of nonprofit organizations increases daily. Charitable donations by individuals are declining as the number of givers. Major donor giving has stalled and the number of givers is shrinking. In short, more nonprofits are seeking funds, less money is […]
One of the most important jobs of a nonprofit board is to craft a strategic plan that keeps the organization focused and on track toward mission accomplishment. A thoughtful, properly executed strategic plan can transform an organization and help unite team members toward shared priorities. Here are seven considerations for planning success: 1. Commit to […]
73% of your funders say it is “very important” to trust a nonprofit before giving, yet only 19% say they “highly trust” you and 10% are optimistic about the sector becoming “more trustworthy” over time. Wait, what? I’ll say it another way. This research was first reported in The Chronicle of Philanthropy. 3 out of […]
By studying industry leaders from other sectors, you may be able to immediately adapt their insights to address challenges that your nonprofit (or the one you are funding) is facing or will face in the future. Amazon® Founder and CEO Jeff Bezos unknowingly gave your nonprofit (or the one you fund) a huge gift in […]
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