I have worked with many organizations where the starting point for resource development planning is next years budget. However, a “seeking support for programs” approach to resource development is an increasingly less durable way to raise revenues that support programs and program growth. As I have been arguing in my recent posts, strategy is increasingly important to nonprofit agencies. By aligning nonprofit strategic planning with impact philanthropy planning there is the potential to create more rational and sustainable funding models for nonprofit organization.
The reality is that while finances are important evaluation criteria for nonprofit effectiveness, the impact of the agency on the social need and the organization’s strategy matters much more, when judging the relative worthiness of nonprofit agencies. Indeed, it is puzzling to me that the Charity Navigator expert quoted in the Willamette Week article would perpetuate the mythology of the “program to administrative cost ratio”
In my consulting business I get calls from people who say, “I found your name through a search for fundraising consultants. Could you tell me your experience with managing a special event, capital campaign, or ________ (fill in the blank).” At which time I get to distinguish the concept of sustainability planning from the concept [...]
For many nonprofit organizations this is time of the year where the board and staff turn their attention to drafting a budget to guide business operations for the next fiscal year. For many agencies, this annual ritual simply starts with taking last year’s budget and incrementally scaling the numbers up or down depending on the [...]
. In the last 15-20 years the concept of Socially Responsible Investing (SRI) has grown from an abstract investment concept to a mainstream practice. According to the Social Investment Forum’s 2007 report on SRI Trends, over $2.71 trillion in total assets are being managed using one or more of the three core SRI investing strategies. [...]
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- Mark P Fulop, MA, MPH
PO Box 18144
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