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2013 Nonprofit Finance Fund Survey Highlights | Nonprofit Capacity Building

2013 Nonprofit Finance Fund Survey Highlights | Nonprofit Capacity Building | From Mission to Impact | Scoop.it
Highlights of the 2013 Nonprofit Finance Fund Survey. The survey had 6000 participants and a wide range of data including on financial and funding issues.

Via Bill Palladino - MLUI
Kedisa Johnson's insight:

Collaboration is essential. Good to see a fair percentage of organizations are combining efforts to reduce duplication of services and leverage shared strengths. 

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Bill Palladino - MLUI's curator insight, April 24, 2013 11:08 AM

Survey suggests things are looking up in the nonprofit service sector.

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From Mission to Impact
Insights for nonprofits to build effective, strong and sustainable organizations.
Curated by Kedisa Johnson
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What Is the Most Effective Daily Habit for Any Leader to Develop?

What Is the Most Effective Daily Habit for Any Leader to Develop? | From Mission to Impact | Scoop.it
Last year when I began writing Good Leaders Ask Great Questions, we began talking to my Twitter followers, Facebook fans, and John Maxwell Team coaches about the importance of questions, and we asked them to give me leadership questions that they...
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What You Will Never Do To Donors... - re: charity

What You Will Never Do To Donors... - re: charity | From Mission to Impact | Scoop.it
When it comes to your donors the list of things you want to do is probably quite long but have you ever thought about what you will not do to donors?

Via Heather Card
Kedisa Johnson's insight:

7 great small reminders on how to treat donors written from a 'what not to do' perspective. # 4 is incredibly important. 

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Heather Card's curator insight, June 28, 2013 8:27 AM

A great list.

Kedisa Johnson's comment, June 28, 2013 2:27 PM
#4 is incredibly important.
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Crucial Questions to ask about Stakeholder Management

Crucial Questions to ask about Stakeholder Management | From Mission to Impact | Scoop.it
An organization derives its reputation from its stakeholders. Therefore the perceptions that is created through the things stakeholders see, read, hear about or experience first-hand. This implies ...
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Kedisa Johnson's comment, June 26, 2013 4:16 PM
11 solid stakeholder management questions nonprofits should ask and discuss--continuously.
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15 Techniques Used by Top Nonprofits to Boost Donor Acquisition and Online Fundraising Results | npENGAGE

Kedisa Johnson's insight:

Like these focused 15 techniques for donor acquisition. 

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The do-or-die questions boards should ask about technology | McKinsey & Company

The do-or-die questions boards should ask about technology | McKinsey & Company | From Mission to Impact | Scoop.it
Board members should raise nine critical questions when discussing technology strategy with IT and business managers. A McKinsey & Company article.
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Kedisa Johnson's comment, June 26, 2013 4:38 PM
Granted, many nonprofit organizations don't have the budget or the capacity to make significant investments in technology. An exploration of what is available and feasible respective to the organization should be an agenda item for discussion nonetheless. My favorite question in the article is # 3: Do our business plans reflect the full potential of technology to improve our performance?
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Most Change Initiatives Fail -- But They Don't Have To

Most Change Initiatives Fail -- But They Don't Have To | From Mission to Impact | Scoop.it
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Kedisa Johnson's comment, June 26, 2013 4:37 PM
Like the simple ABC model of Assess, Build and Change to drive outcomes.
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Stop Funding Duplicative Projects (SSIR)

Stop Funding Duplicative Projects (SSIR) | From Mission to Impact | Scoop.it
Field scans are crucial for providing data about what has been funded and where funding gaps lie.
Kedisa Johnson's insight:

Interesting read. Although written from a funders perspsective, I think nonprofit organizations can benefit from the key points presented, as well as to have insight into tactics that funders are employing.

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‘A Mind Is a Terrible Thing to Waste’ Slogan to Get a Makeover

‘A Mind Is a Terrible Thing to Waste’ Slogan to Get a Makeover | From Mission to Impact | Scoop.it

 

One of the best-known slogans in public-service advertising is getting a tweak as the UNCF, formerly known as United Negro College Fund, rolls out a new campaign, writes The New York Times.

The group introduced the tagline “A mind is a terrible thing to waste” in 1972 to publicize its efforts to help African-Americans obtain graduate and undergraduate degrees and close a persistent gap with other groups in college completion.

The new tagline, “A mind is a terrible thing to waste but a wonderful thing to invest in,” was developed by ad agency Y&R in conjunction with the Advertising Council, as was the 1972 slogan. The new ads stress the importance of investing in higher education for young African-Americans to provide them more secure financial futures.

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Kedisa Johnson's comment, June 5, 2013 2:49 PM
UNCF has updated its slogan to reflect just what it would like its donors and stakeholders to do—invest in education. From a brand strategy perspective, this is simply brilliant! I’d be interested in watching for the ROI from this revision.
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Taking a Thoughtful Approach to Develop Volunteers and Donors

Taking a Thoughtful Approach to Develop Volunteers and Donors | From Mission to Impact | Scoop.it
By focusing on strong and sincere donor relationships, learning their needs and interests, and providing appropriate opportunities, you also help donors experience the joy of giving and leave a legacy.
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Kedisa Johnson's comment, June 5, 2013 2:59 PM
I think being thoughtful in developing donor and volunteer relationships means listening well, observing patterns and trends, adjusting methods of engagement accordingly, and repeating the process continuously to strengthen ties. Doesn't happen overnight, but it surely can happen.
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To set direction, your message must be clear

To set direction, your message must be clear | From Mission to Impact | Scoop.it
Leaders have to be able to articulate simply and clearly where an organization is going – and provide guidance in how to get there
Kedisa Johnson's insight:

Clarity and simplicity in messaging:

 

1. Helps to craft and inspire vision--one that is coherent and connected.

 

2. Lends to consistency in both priorities and action throughout the organization, as well as secure credibility externally with stakeholders.

 

3. Boosts employee morale and trust as staff can make natural linkages between priorities, expectations and performance.

 

Tip: Be sure to reflect, check-in with, and refine message to ensure a continual process of clarity. Ultimate goal is to do away with confusion of any kind regarding existing and future direction of organization. 

 

Love these simple strategies. They make a world of difference! 

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Imagine Your Nonprofit is a Tree, and Volunteers Will Help it Grow…

Imagine Your Nonprofit is a Tree, and Volunteers Will Help it Grow… | From Mission to Impact | Scoop.it
How one organization has engaged volunteers to help its efforts to fight hunger in America grow and bear fruit for thousands of struggling people.
Guest post by RL Mathews
According to the U.S.
Kedisa Johnson's insight:

A tree bears fruit after its own kind. Volunteer engagement at this level is a testament to strong organizational leadership and sound volunteer management practices.

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Nonprofit Finance Fund | Where Money Meets Mission

Nonprofit Finance Fund | Where Money Meets Mission | From Mission to Impact | Scoop.it
2013 SURVEY

2013 survey generously supported by:

In this year’s survey, nearly 6000 respondents from nonprofits across the country shared the details of how they are adapting their organizations and finances to economic conditions.  The survey, which was supported for the third year in a row by the Bank of America Charitable Foundation, reveals that 2012 was a year in which organizations either made or planned to make significant changes in order to cope with mounting economic stress. As NFF CEO Antony Bugg-Levine put it, “Nonprofits are changing the way they do business because they have to: government funding is not returning to pre-recession levels, philanthropic dollars are limited, and demand for critical services has climbed dramatically. At the same time, 56 percent of nonprofits plan to increase the number of people served. That goal requires systemic change and innovation– both within the sector, and more broadly as a society that values justice, progress and economic opportunity.”


Nonprofits need new funding sources and models.

42% of survey respondents report that they do not have the right mix of financial resources to thrive and be effective in the next 3 years.1 in 4 nonprofits has 30 days or less cash-on-hand.Over the next twelve months, 39% plan to change the main ways they raise and spend money.23% will seek funding other than grants or contracts, such as loans or investments.

Nonprofits that receive government funding face particular challenges:

Only 14% of nonprofits receiving state and local funding are paid for the full cost of services; just 17% of federal fund recipients receive full reimbursement.  Partial reimbursements require additional funding to cover the growing gap as nonprofits serve more people.Government is late to pay: Among those with state or local funding, just over 60% reported overdue government payments; over 50% reported late payments from the federal government.

Under these challenging conditions, many nonprofits are unable to meet growing need in their communities: 

For the first time in the five years of the survey, more than half (52%) of respondents were unable to meet demand over the last year; 54% say they won’t be able to meet demand this year.This represents a worrying trend; in 2009, 44% of nonprofits said they were unable to meet demand.Jobs (59%) and housing (51%) continue to be top concerns for those in low-income communities.90% of respondents say financial conditions are as hard or harder than last year for their clients; this is actually a slight improvement from prior years’ outlook

Nonprofits are changing the way they do business to adapt to the new reality. In the past 12 months:

49% have added or expanded programs or services; 17 percent reduced or eliminated programs or services.39% have collaborated with another organization to improve or increase services.39% have upgraded technology to improve organizational efficiency.36% engaged more closely with their board.

But this is just a fraction of what the data show. This year, once again, we’re enabling you to explore the data yourself. Our NFF Survey Analyzer at survey.nonprofitfinancefund.org allows you to investigate questions that cut across sub-sectors, budget size, geography and other dimensions. We invite you to share what you discover via e-mail and social media. If you'd like to find out what additional slices of the survey data are available, please email us at research@nffusa.org.

LIVE! NFF Survey Analyzer: Explore the survey data yourself withthis easy-to-use site that allows you to filter by sector, geography, budget size and more!Survey Brochure (downloads as a pdf)Press ReleaseFull Results: National (pdf)National Summary powerpoint (pdf) Arts: Summary Results (pdf) | Full Results (pdf)Media Coverage Thanks to our more than 150 distribution partners!Survey Methodology (pdf)Multi-year trend data available on core questions. Contact us to request this data.TO SEE THE RESULTS OF PAST SURVEYS, PLEASE CLICK HEREEmail this page Printer-friendly version


Kedisa Johnson's insight:

Nonprofit Finance Fund 2013 State of the Nonprofit Sector Survey highlights some pressing and familiar challenges facing the sector. Inadequate funding and right mix of funding resources are still top issues. Increased demand for services and lessened capacity to meet needs follows. What's promising is that the sector seeks to confront its reality:

 

Nonprofits are changing the way they do business to adapt to the new reality. In the past 12 months:

49% have added or expanded programs or services; 17 percent reduced or eliminated programs or services.39% have collaborated with another organization to improve or increase services.39% have upgraded technology to improve organizational efficiency.36% engaged more closely with their board.Elimination of programs, collaboration, technology utilization and increased board engagement are top recourse trends.  

 

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2013 Nonprofit Finance Fund Survey Highlights | Nonprofit Capacity Building

2013 Nonprofit Finance Fund Survey Highlights | Nonprofit Capacity Building | From Mission to Impact | Scoop.it
Highlights of the 2013 Nonprofit Finance Fund Survey. The survey had 6000 participants and a wide range of data including on financial and funding issues.

Via Bill Palladino - MLUI
Kedisa Johnson's insight:

Collaboration is essential. Good to see a fair percentage of organizations are combining efforts to reduce duplication of services and leverage shared strengths. 

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Bill Palladino - MLUI's curator insight, April 24, 2013 11:08 AM

Survey suggests things are looking up in the nonprofit service sector.

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Co-Creation, Tension, and the Horizon: An Interview with Darren Walker of the Ford Foundation

Co-Creation, Tension, and the Horizon: An Interview with Darren Walker of the Ford Foundation | From Mission to Impact | Scoop.it
The president of the Ford Foundation gives NPQ a view of its current direction. As a leadership foundation, that path may represent something larger.
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9 ways to be an anti-donor fundraiser - Future Fundraising Now

9 ways to be an anti-donor fundraiser - Future Fundraising Now | From Mission to Impact | Scoop.it
If you're in a real hurry to drive your fundraising program into the ground by driving away your donors, here are some common nonprofit practices that can help you along the way: Write and design to please yourself.
Kedisa Johnson's insight:

Like these 9 fundraising strategies--especially because they're written from the "what not to do" perspective upfront. 

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Top 10 Employee Engagement Strategies

Top 10 Employee Engagement Strategies | From Mission to Impact | Scoop.it
What are the best employee engagement strategies? Start with trusting employees as part of your firm's CSR agenda.
Kedisa Johnson's insight:

While these examples are from for profit companies, they serve as an inspiration and idea generation nontheless for "out-of-the-box" thinking for nonprofit organizations seeking to engage their workforce!

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Philanthropy Still Down, But Starting To Creep Up - Five Years After Crash

Philanthropy Still Down, But Starting To Creep Up - Five Years After Crash | From Mission to Impact | Scoop.it
Once a year, the analysts at the Giving USA Foundation release the results of analysis conducted in partnership with Indiana University showing the basic numbers of American philanthropy - a macro look at giving as an important economic sector.
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Kedisa Johnson's comment, June 26, 2013 4:48 PM
Individual giving outranked donor advised funds and corporate giving in Giving USA Foundation's report on American Philanthropy. To garner a sizable individual giving pool, a multi-channel focus on all aspects of the organization, not just the development department, is required.
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Building Movement Project

Building Movement Project | From Mission to Impact | Scoop.it
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Kedisa Johnson's comment, June 26, 2013 5:03 PM
Building Movement Project research estimates that "up to 75% of U.S nonprofit leaders are planning to leave their positions in the next five to ten years". The question that always comes to forefront when I read reports of this nature is: what succession planning is being done? I agree with the report's insight that the leadership in leaving is an often neglected aspect of a nonprofit leader’s role for this very reason.
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Ten Nonprofit Funding Models (SSIR)

Ten Nonprofit Funding Models (SSIR) | From Mission to Impact | Scoop.it

For-profit executives use business models—such as "low-cost provider" or "the razor and the razor blade"—as a shorthand way to describe and understand the way companies are built and sustained. Nonprofit executives, to their detriment, are not as explicit about their funding models and have not had an equivalent lexicon—until now.

Kedisa Johnson's insight:

Getting dollars into the door is no easy fete irrespective of organizational size. An organization's ability to identify and understand its funding model is  crucial to its donor development strategy! Not listed in the article are other funding models such as crowfunding and social impact bonds. What other funding models have you identified? 

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Resilient Teams Help Nonprofits Meet the Challenge of Change

Resilient Teams Help Nonprofits Meet the Challenge of Change | From Mission to Impact | Scoop.it

By Bob Greene

 

Rapid change and the still-weak economy are putting enormous pressure on nonprofit organizations, providing a unique opportunity for innovation best handled by resilient teams.

 

Ongoing uncertainty and stress are creating a “new normal”—what leadership writer Peter Vaill calls “permanent whitewater”—that also generates corresponding fears and concerns. 

Resilient teams help nonprofits respond to this change because these teams are productive and creative and give diverse voices an opportunity to offer ideas and perspectives. Resilient teams are strong, because they have solidarity and spirit that can support colleagues during challenging times. Alternatively, weak teams may experience poor communication (including rumor-mongering), tension, and unproductive conflict—exactly what nonprofit organizations don’t need.

Regardless of the circumstances, building great teams is more difficult than often appreciated. Simply bringing a group of people together and calling them a “team” isn’t enough. Fostering a real and resilient team requires intention and significant effort. 

What Fosters Resilience?

Resilience is crucial because research into adopting innovations suggests that only a small percentage of people readily embrace change. Commonly, people fear potential consequences of change: loss of control and security, reduced respect, and lowered confidence. These understandable fears will impact engagement and performance.

So what fosters resilience? In her study of entrepreneurial teams, Ruth Blatt suggests that there are two key elements: (1) making expectations explicit and activities transparent, which facilitate resilience through promoting role clarity and accountability, and (2) caring for team members’ needs, which fosters resilience through encouraging trust and creativity. 

 

 

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Kedisa Johnson's comment, June 5, 2013 2:14 PM
Uncertainty and changing external forces can create a level of stress within organizations that hamper team resiliency. To build resilient teams, nonprofits must be intentional and purposeful—caring for the needs of team members by promoting role clarity and accountability, as well as encouraging trust and creativity. Great read!
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Overhead Costs Pose Dilemma for Charities

Overhead Costs Pose Dilemma for Charities | From Mission to Impact | Scoop.it
A growing number of nonprofit experts are trying to get charities to focus on their results when they appeal to donors, but most groups say their supporters care just as much about efficiency.
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Kedisa Johnson's comment, June 5, 2013 2:00 PM
The challenge for nonprofits is striking balance between realistically operating lean, proving impact, and accounting for where donor dollars are being attributed without creating dissonance between the three. Organizationally, transparency is essential. Sector wide, can there be a one size fit all approach?
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How Smarter Giving Can Create a More Effective Nonprofit Sector

How Smarter Giving Can Create a More Effective Nonprofit Sector | From Mission to Impact | Scoop.it
Needs are growing at the same time that funds are shrinking, so every dollar has to work harder or else we risk losing ground in spite of our efforts.
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Leaders everywhere: A conversation with Gary Hamel | McKinsey & Company

Leaders everywhere: A conversation with Gary Hamel | McKinsey & Company | From Mission to Impact | Scoop.it
The management writer and academic explains why he believes companies that empower and train people at all levels to lead can create competitive advantage. A McKinsey & Company article.
Kedisa Johnson's insight:

An organization’s competitive advantage is directly linked to the empowerment of its human capital. Reducing barriers to leadership at all levels of the organization is essential in creating value. Organizations that are lagging in this area can ask: “What can we do? What can we do in our organizations to enlarge the leadership franchise?” They don’t have to throw their hands up and say it can’t be done, but rather take small, incremental steps in getting there. Best to start somewhere than not at all. 

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Grantmaking for Community Impact Project: Impact Directory - National Committee For Responsive Philanthropy

Grantmaking for Community Impact Project: Impact Directory - National Committee For Responsive Philanthropy | From Mission to Impact | Scoop.it
A directory that contains every advocacy and community organizing impact that was achieved by 110 organizations in 13 states over a five-year period (RT @LAAGiving2: Very cool social #impact directory representing data from advocacy and comm.
Kedisa Johnson's insight:

Nice!  Not a bad total of monetized impact at $26,640,872,996. If only we could monetize those intangibles to demonstrate the real strength of community organizations...

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Donor Data Doesn’t Mean A Thing | The NonProfit Times

If you measure everything then you’re measuring nothing, and if you have more than five priorities, then you have no priorities.
Kedisa Johnson's insight:

Amith Nagarajan, CEO of Aptify, outlines key points related to having a more targeted approach in measuring donor engagement in this great article.

 

 

1. If you have too many things you're trying to measure, you're not getting any real insight. Narrow in on those that drive real value for the organization. Volunteer engagement, for example.

 

2. Once you have those in place, put some KPIs (key performance indicators) behind them. Also, give each KPI a score. Amith denotes this score as a CES (composite engagement score). How will you know how to prioritize each KPI if you don’t?

 

3. Each KPI needs to be scalable. This is important because as your strategy evolves, you might need to adjust goals and KPI weights accordingly.

 

4. Identify how you're keeping track of this relevant information. Ease of accessibility and data interpretation are essential. Custom fit to your organization.

 

5. Train staff on what KPIs are and what scores mean. This is essential as they’ll be better equipped to identify prospects. The goal is to position and empower them to find those hidden gems!

 

Read the full article for more helpful tips. One of the most straightforward I've read on this topic.

 

 

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