Creating a functioning board is a challenge. There are many reasons that boards do not fulfill our expectations and perform the way we hope they would. The first is that the job description of a board member is a pretty boring job. Board members have three duties, obedience, loyalty and care. The most clearly defined part of their role is financial oversight. In other words, the position of board member is most importantly about legal accountability; they are tasked to prevent trouble more than promote success.
This blog post was originally published on The Chronicle of Philanthropy.
One of the most important ways of maintaining donor trust is to vet your charity’s fundraising communications, so you can be sure they are accurate and never misleading. Unfortunately, this basic action step can be overlooked in an increasingly-competitive fundraising marketplace.
Foundation Center has a global network of more than 400 libraries, community foundations, and other nonprofit resource centers that, for more than 50 years, has been bringing vital funding data and knowledge to communities that might not otherwise have access. The Funding Information Network (FIN) program packages are nonprofit outreach “in-a-box”, enabling community organizations to become nonprofit funding experts. Packages include access to our world-class database, Foundation Directory Online, product and training certification courses, and support materials to assist the local nonprofit community.
Ask any group of nonprofit professionals why it’s important to measure their organization’s impact and you’ll probably hear some common themes emerge.
Getting the board to fundraise can be a very challenging experience even when board members recognize that a primary responsibility of every nonprofit board is ensuring that the organization has the resources it needs to meet its mission.
Earlier this summer we posted a survey to our GrantSpace community to gather feedback on how the re-launch of our website was received. Over 550 people took the survey, and over 80% told us that they found what they were looking for on the website.
When it comes to fundraising, the reality is we live an ever-globalized world. Development in Arizona is as much impacted and affected by what is invented in Austria as it is by innovation in Austin, Texas.
A generation ago, economics was known as the rational science. The experts believed that people behaved logically and predictably when making financial decisions. Increase the price of a good and demand goes down. People were predictable in these decisions.
Data is literally everywhere. Every search done on Google or every second spent on LinkedIn is collected and converted to data. According to Internet Live Stats, Google now processes over 40,000 search queries every second or 3.5 billion searches per day - that is just one internet platform! Companies are taking enormous amounts of data, analyzing it and translating it into strategic insights. Those insights help make strategic decisions in real time across the entire organizational enterprise. This includes, how they engage with cause partners in corporate social responsibility activities.