Resources
Nonprofit board members: Watch for financial warning signs
May 5, 2025In addition to widespread federal funding cuts, many not-for-profit leaders are concerned about a possible economic downturn. If you’re a on the board of directors for an organization whose finances aren’t in good shape, its ability to fund critical programs — or even remain operational — could be severely undermined. You and the rest of […]
Promoting good governance with a board policy
May 5, 2025Your nonprofit’s board of directors should enjoy the role, the opportunity to support a cause close to their hearts and the camaraderie of working with others who’re dedicated to achieving the same mission. But the job can be challenging. For example, boards must take ethical and practical action in times of crisis and always avoid […]
Nonprofits: How to attract the best, most qualified interns
April 22, 2025Summer will be here before you know it, and for many not-for-profits, that means internships. Although students and recent graduates are often eager to gain job experience as interns, many also expect to be paid. However, according to consulting firm Intern Bridge, 57% of nonprofit internships are unpaid. Perhaps your budget is already strained. But if […]
7 ways to cut nonprofit costs rather than staffers
April 2, 2025It wasn’t long ago that the not-for-profit sector was struggling to find enough staffers to hire. Now that many organizations are losing federal grants and facing budget shortfalls, they may be considering layoffs. If you’re in this situation, you probably don’t want to lose valuable employees — and the mission-critical programs they help run. There […]
Preparing for a financial crisis? Build up operating reserves
March 4, 2025You never know when your nonprofit might experience a financial blow. With the current efforts in Washington to slash expenses, some nonprofits have already lost federal funding and more may lose it in the near future. But that’s not the only risk. A significant grant from a foundation or state government might not be renewed, […]