Rachel Muir, in her article reprinted by Guidestar in June 2014, gives us a compelling way of quickly converting most of your first-time donors into major donors. “The secret sauce is thanking your donors properly, learning more about their interests, and holding yourself accountable.” Step 1: Thank the bejesus out of your donor. Your donor […]
The Requirement for Entrepreneurial Skills
Premise:Can we say that today’s non-profit leaders need entrepreneurial skills to manage their organization and solve social problems? Are planning creatively, thinking strategically, and motivating others to do the same, important in today’s times? I have advocated for the efficacy of collaboration among non-profits in order to better serve the community and attract foundation and […]
The Independent Contractor …
It is estimated that as much as $1.5 billion in income, Social Security withholdings and unemployment tax revenue is lost annually due to misclassification of as many as 3.5 million workers as independent contractors (source www.taxes.ca.gov ). That is a lot of money! It is the IRS – as the federal taxing authority – that […]
Why Do Your Donors Give?
Karen Eber Davis at www.kedconsult.com says that studies show that “donors give for a handful of common reasons including giving back, making a difference and because they were asked. Beyond these generic concepts, if you seek to grow your donations, you need to identify the primary reason why your donors give to you.” When you […]
The Art of Collaboration for the Non-Profit
The State of the Non-Profit ‘Business’ in the U.S. Even though more businesses closed than opened in 2013, non-profits continued to grow.in number. According to The Foundation Center, U.S. Foundations’ giving reached an estimated $50.9 Billion in 2012, despite a slowing economy, and anticipated a moderate increase in 2013. What are the growing trends to […]
Crisis Management
Few of us anticipate facing a public crisis in our organization. We tend to equate a crisis with bad management which is not always the case. Bad things do happen and we must be prepared to deal effectively and quickly to lessen the impact on our organization. Many large firms have adopted a crisis management […]
Avoid law suits or fines…
Employers need to be aware of the labor laws that became effective in 2014. Most of these laws require that employers post bulletins/notices describing the laws and in many cases employers are also required to distribute the appropriate pamphlets. Labor Law compliance is a protection for financial penalties and just good business practices. In a […]
What Kind of Board Should You Want?
Many of our nonprofit clients dream of having a Board of high net-worth individuals, who, along with their wealthy friends, give bundles of money to their nonprofit, eliminating all of nonprofit’s financial worries. These nonprofits typically have an existing Board of caring middle-class people who donate what they can and try to advise their Executive […]
Are Mergers and Acquisitions an Answer?
Many research articles on the internet recently are exploring the growing interest in Mergers and Acquisitions (M&A) for non-profits. They tend to compare the rate of M&A’s with the for profit world, which grew in the latest economic downturn. Findings suggest that the rate for non- profits is much lower than for the profit […]
Is your Board receiving the right amount of information?
I recently attended a Board meeting where a thick package of data was reviewed with the members. It soon became obvious that many had not read the material prior to the meeting. After looking at it I could see why. Much of it was background material with different schedules to support the main report. When […]