Executive Issues
Recently, one of our client managers for Veritus told me a story about one of our clients she is working with. When I heard this story, I was not shocked. Richard and I hear this kind of stuff all the time. This happens with major donors, because many nonprofits clearly have no structure in place for their major gift program...
The problem with any single metric is, as either or both of Karl Pearson and Peter Drucker have said, “That which is measured, improves.” My corollary to this is, “What isn’t measured is sacrificed to improve that which is measured.”...
This week, I was having breakfast with an incredible leader. He owns three significant businesses in a metropolitan area and is one of the region’s most respected leaders, fully engaged in the civic affairs and direction. One of his affiliations is with a university. He was sharing with pride the caliber of the university’s current and past presidents and how, while with different leadership styles, they have taken the university to another level...
CEOs of nonprofits have been talking with me a lot about three matters that are weighing heavily on their minds: financial challenges, regulatory change and expansion. It is not news that nonprofits face financial challenges, but the challenges have been gradually exacerbating. They are seeing increased competition for donations, time and attention...
I recently made a presentation to a group of fundraising professionals sponsored by the Association of Fundraising Professionals. During the presentation, I asked the class many questions. Some of these questions dealt with aspects of using volunteers to seek time, talent and treasure on behalf of their institution...
A nonprofit board’s fiduciary duty of care—aka risk prevention, management and compliance specific to program, finance and governance—can be effectively achieved by a nonprofit board through three activities: planning, policy-making and evaluation...
Take a few minutes, step back and think of ways you can improve the consistency and clarity for your board. You’ll see immediate and positive results!...
In June 2017, the New York Yankee’s New Yankee Stadium Community Benefits Fund got called out for not really benefiting those it was set up to serve. The fund, created to offset the fact that the stadium gobbled up 25 acres of public parkland, should eventually give out $40 million in grants and sports equipment,…
Nonprofits aren’t immune. In fact, nonprofit organizations may be prime cyber-attack targets. Most collect and store sensitive data like emails, social security numbers, billing information and more. Despite this, nonprofits are often hesitant to make cybersecurity a priority due to the investment of time and resources...
It’s amazing to Richard and me how nonprofits—that do such great things with the programs and projects they have making the world a better place—have a total disregard for their major donors. One example of this was a story I heard from someone who quit her position as an major gift officer several years ago...