Balancing the Mission Checkbook

Core Strength for Nonprofits: Financial Lessons from a First Time Marathoner

Over the past year I have been enthused by a newfound passion for long-distance running, which began innocently enough as a fifty-something guy cautiously running a mile and a half. While logging many miles since then, I’ve had time to reflect on parallels between my fledgling ardor for running and my long-established passion for nonprofit finance. Running buddies of mine, who are far more experienced in this realm, have taught me that developing core strength is a key to longevity in running. This lesson is true in the nonprofit world as well.

The Innovation Sector

Innovation is essential to community and economic health. You often hear about innovation coming from the tech community—but what about in our sector? Nonprofits are constantly creating new solutions to old problems, and new ways to deliver those solutions. That’s innovation. Let’s ignite the conversation about how our state and region can continue to innovate and improve.  Following are some nonprofits doing truly innovative work in our community. 

Cookie Cart – Baking Bright Futures

Join the NAF Team! Program Director Position

Nonprofits Assistance Fund is excited to welcome a new Program Director to our team. If you are interested in nonprofit financial management, committed to building strong relationships and have prior teaching or training program delivery experience, we'd love to talk with you. Applications are due August 31, 2015. A full description of the position can be found here

Clear the Fuzzy Thinking About Nonprofit Reserves

When I want to push nonprofit leaders to think about finances more comprehensively than their annual budget, I have a simple exercise that I use:

Imagine that a surprise gift arrives at your organization from a loyal and honorable donor, with no restrictions or strings attached, equal to 20% of your annual budget. What would you do with this windfall?

Communication is Key to Financial Leadership

If you’ve ever read anything about leadership development, you are well aware of how crucial communication is for leaders. They need to articulate their vision, discuss strategy, woo donors, and motivate staff. We know the difficult consequences that can arise when communication breaks down and how leaders often need to over-communicate in tough times to help turn things around.

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