For our programs and ministries to be successful, we need to realize financial management matters. It is nearly impossible to accomplish the mission of your organization without cash and that is why financial management matters. Sometimes we are so focused on the specific program activities and outcomes that we neglect the infrastructure of the organization. … Continue Reading
Why Do Businesses Need Nonprofits? Not long along, only a few enlightened businesses actively promoted social issues as part of their marketing and branding. Today, corporate philanthropy and corporate social responsibility are integral parts of almost every serious business plan. Corporate philanthropy used to primarily take the form of a financial contribution and to a … Continue Reading
You are not alone. When it comes to getting an objective view of your organization’s operations, most nonprofit executives and board members are too close to judge. One of the hardest parts is determining where the gaps are and what to do about them. Until very recently, the only real option was to have a … Continue Reading
Business leader and philanthropist Bill Gates said, “I have been struck again and again by how important measurement is to improving the human condition.” Thought provoking, isn’t it? I wonder what questions the founder of the largest software company and largest private foundation in the world would ask your nonprofit (or the one you fund)? … Continue Reading