Every organization survives and thrives on the talent of its employees. That’s why it’s strategically important to have a steady pipeline of talented people ready to assume the next important role in your organization.
This is true from the very bottom to the tip-top of the organizational chart. You want the best people for every job, knowing that some positions will be easier to fill than others. (more…)
Every industry sector has its risks, and nonprofit organizations are no different. When it comes to risk management, identifying risk is only part of the battle. Once risks are recognized, you need a plan to address them with changes in policy or procedures.
While adequate insurance—directors and officers liability or property and casualty coverage, for example—is essential to managing risk, your organization must also assess activities which, if poorly managed, might get in the way of its mission.
Managing risk for a nonprofit organization often includes three main areas: money, people, and reputation. (more…)
Competition for donations is only getting tougher. With many in-person events canceled, a well-designed donation web page is essential. Fundraising research firm, Next After, has many suggestions to make your donation page effective, engaging, and easy to use. Here are a few: (more…)
It’s not easy to get donors to come back. Indeed, just getting a donor to give once is a big first step. Continually strengthening donor relations is important to your ongoing success.
Consider the state of donor retention. According to the Fundraising Effectiveness Project, which is a quarterly report compiled by the Association of Fundraising Professionals and the Urban Institute, donor retention hovers around 45 percent.
This means that more than 50 percent of donors don’t continue with a given cause. And it’s no surprise that early reporting for 2020 indicates a further increase in attrition.
How can your organization buck this trend? Here are three steps to consider: (more…)