The COVID-19 pandemic, waves of civil unrest and rocky economic times have led to a tsunami of external and internal forces for which many nonprofits have found themselves unprepared. Organizations are struggling to continue serving their constituencies while keeping their employees safe and doors open to the extent permitted, all under the shadow of questions about funding. Continue reading Capacity building: Focus on your strengths, not your weaknesses
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Donor-advised funds
How they work and how to land them
Donor-advised funds (DAFs) have shown consistent growth over the last nine years, according to the 2019 Donor-Advised Fund Report from the National Philanthropic Trust (NPT). NPT data from nearly 1,000 charities shows that DAFs grew in all key areas, including in the number of individual funds and total grant dollars awarded to charitable organizations. Data for the NPT’s 2020 report is currently being collected. Continue reading Donor-advised funds
Pandemic, civil unrest spotlight potential of mutual aid
The COVID-19 pandemic and the response to racial justice issues have brought greater attention to mutual aid. Although the concept is nothing new, its emergence in recent times highlights the possibility that nonprofits can partner on mutual aid projects to enhance their mission- and cost-effectiveness when resources are tight. With the need for services so high, it’s worth exploring. Continue reading Pandemic, civil unrest spotlight potential of mutual aid
Newsbytes
Struggle ensues to recruit young diverse boards
Although 95% of nonprofits are actively recruiting to diversify their governing boards, 87% have struggled to find the right recruitment channels to do so. And more than half (51%) don’t think their boards reflect the communities they serve. Continue reading Newsbytes