Of the many duties that nonprofit board members agree to fulfill when they accept a board position, the importance of risk management ranks high on the list. Nonprofits are vulnerable to a wide range of risks, and it’s wise…
Administration and operations are the backbones of nonprofit organizations. Yet, philanthropists and foundations traditionally have been less likely to fund these activities, preferring to fund specific programs or projects, and capacity building grants could make a viable difference. The pandemic…
The answer to the question about whether nonprofits need liability insurance is more than a simple “yes” or “no.” When a group or individual considers purchasing any type of insurance policy, it’s important to think about the reason they need…
The employee turnover rate has skyrocketed as workers reevaluate their employers and career choices. With millions looking for jobs, the job climate is ripe for nonprofits to hire top talent. Does your nonprofit board know why workers left their jobs…
Digital transformation can help nonprofits work efficiently, enabling them to do more with less. Technology plays a significant role in assisting your nonprofit fulfill its mission. Modern nonprofits rely on data to drive their decisions about needs, fundraising, programs, and…
“The Great Resignation is still in full swing, even if quits are moderating somewhat,” Daniel Zhao, a senior economist at career site Glassdoor, said in a tweet. The coronavirus began to spread in the United States early in 2020, and it so…
The costs for an annual gala or another major fundraising event can add up quickly. What percentage is too much to get a fundraiser off the ground? More importantly, does your board’s expectations for spending on fundraising match with that…
In a perfect world, every nonprofit board would have a budgeting expert in the boardroom, and optimizing your nonprofit's budget would be simple. If that’s not the case for your nonprofit, your board members can still work on improving your…
Much attention has been placed on The Great Resignation in the United States, but what does the geography of The Great Resignation look like in other parts of the world? Many questions remain since the emergence of The Great Resignation, especially since…
Every member of a group has rights and responsibilities. One of the important rights of a board member is to know when meetings will be held to decide whether they can attend. Notices of meetings and waivers of notice provide written documentation…
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