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Nonprofit CEOs: Should you always have to ask your board before making an investment?
Nonprofit CEOs: Should you always have to ask your board before making an investment?
That’s a common (and often debated) question within nonprofit organizations.
Who better to get a thoughtful answer from than @Mary Hiland, Founder and President of Hiland Consulting. Mary is MORE than qualified to weigh in, having worked in the nonprofit sector for more than 40 years.
Your Donors Don’t Always Know Your Nonprofit Needs Money
There’s a comment I make multiple times a day. It often gets an odd side-eye back at me.
What is it?
Your donors don’t always know you need more money.
Is it the responsibility of the nonprofit board to fundraise?
Is it the responsibility of a nonprofit board to fundraise?
Some might say “absolutely,” others say “it depends,” and still others aver “no way.”
This is one of the topics I discussed recently with Mary Hiland, Founder and President of Hiland Consulting on my podcast. Mary has deep expertise in this area, having worked in the nonprofit sector for over 40 years.
As a Nonprofit Leader, are you playing defense or offense with your money?
As the organization's leader . . . are you playing defense or offense with your money? Defense looks like . . .
Nonprofit Leaders: Spending Money Helps You Raise More Money
Too many nonprofits are eager to tell me what they’d SAVE money for. But, very few struggle to articulate what they’d eagerly SPEND money on.
You Need to Invest In Your Nonprofit Fundraising Staff
Maybe this sounds familiar? A while back I started working with a new client . . .
Although their programs had grown, they needed more gen ops funding. More flexibility. The problem? Their fundraising staff is max’d and they simply can’t add more to their plate. Where did I start?
The Reason Why Many Nonprofit Fundraisers Struggle
Too many fundraisers struggle because they’re simply doing the wrong work.
It’s often not their fault. The sector told them that busy, time-consuming work is super important. That it’s even the right work. Afterall, their job descriptions even listed busy work on them!
Can Your Staff Lead Your Nonprofit Board in Relational Fundraising?
Nonprofit CEOs - I don’t need to tell you that every person who is part of the nonprofit plays a role in fundraising. Board members are in a unique position to introduce their networks + foster relationships with donors.
Sounds great! So what’s the problem?
The Parallels Between Investing and Nonprofit Fundraising
I’m a podcast junkie about one specific topic: Money.
Especially if it’s about money psychology and investing. Compound Interest is my love language.
I guess it makes sense. There’s so much money psychology involved in fundraising.
All the healthy long-term investing advice parallels my advice about healthy fundraising!
Nonprofit Leaders: How much can you spend without asking your board?
I was listening to a personal finance podcast the other day. My favorite one right now by Ramit Sethi. He interviews couples about how they manage (& fight, disagree, stress over) their finances. The other day he was talking about ‘the number’. You know, the highest dollar amount you each can spend without asking your partner . . .
Nonprofit Leaders: Are Your Donors’ Stocks Down?
Fundraisers: Please don’t put your head in the sand when a few donors have expressed stress over the stock market.
Let’s get a little perspective, shall we?
How To Fix Your Nonprofit’s Cash Flow
Nonprofit CEOs: Are you forced to tap into your line of credit every year at the same time?
If you've wondered if fundraising can fix your CASH FLOW, you're asking the right question. But, nobody's really talking about this issue, but it's a top 3 concern among nonprofits leaders I work with.
Nonprofit Leaders: What WILL you do with your money?
Nonprofit CEOs - It's time to educate everyone about what we SHOULD do with the money our organizations have in the bank.