It’s a fact of life that between 20 to 30 percent of a nonprofit’s budget is spent on managing the other 70 to 80 percent of the budget. But it doesn’t mean that 100 percent of your budget can’t be used to generate reportable outcomes that are worthy of sharing with your donors...
In the Business
Tivoni Devor, MBA, has spent his entire career in the nonprofit sector. While working for diverse institutions in many roles, Tivoni has often found himself developing earned revenue models and designing strategic partnerships. Tivoni currently works as manager of partnerships and outreach at Urban Affairs Coalition, where he helps social entrepreneurs leverage fiscal sponsorship to jumpstart their nonprofit endeavors. Tivoni lives in Philadelphia, with his wife Jennifer and daughter Ava. The thoughts and content of his columns are his and his alone.
In most cases, the question of who benefits from your nonprofit is directed at the end-user: What are your program’s outcomes? How does your nonprofit benefit society? But that question is not often directed toward the for-profit businesses that also benefit from your positive outcomes. By digging deep into this question, you will be able to find new funders for your nonprofit...
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The payday loan industry generates $11 billion in revenue. It is also a hated, predatory sector that uses its size to influence legislation in order to keep it alive and growing. It goes where banks are afraid to tread and preys on the "unbanked"—nearly one-third of the U.S. population is "unbanked" or "underbanked." That’s a lot of people in need of affordable financial services. Much of this population is also the population that the nonprofit sector serves...
More and more, it looks like many national chapter-based organizations across the country are breaking up or reorganizing. They may be called chapters, affiliates or federated organizations, but more and more, these small groups are growing up and demanding more respect, independence and control over the dollars they are raising...
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