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Top 10 nonprofit challenges in spite of recovering economy
By Erica Crenshaw In Strategic Finance Posted September 17, 2015 0 Comments
A study this year by the Nonprofit Finance Fund surprisingly reveals challenges nonprofits still face in spite of the distance we’ve gained from The Great Recession nearly six years ago. Detroit, in particular, signals this contradiction between a recovering financial climate and nonprofits persisting under operational strain. While the city of Detroit emerged from a […]
Why are foundations falling short on giving grantees advice?
By Erica Crenshaw In Foundations Posted September 17, 2015 0 Comments
You may have noticed the recent article in the Chronicle of Philanthropy about how “Foundations Fall Short in Giving Grantees Advice on Evaluations.” While the subject of this post was not surprising, its appearance in the news was interesting to me. For those of us who keep up on foundations and their relationships with grantees, […]
Is Your Nonprofit Run Like a Business?
By Erica Crenshaw In Financial Leadership Posted September 17, 2015 0 Comments
The biggest problem funders have with nonprofits is that they don’t operate enough like a business. Nonprofits are accused of having lofty goals, and not having a solid plan that is backed by financial realities. Nonprofits, on the other hand, are often underfunded and can’t afford to keep quality employees. The problem remains cyclical; therefore, […]
FINANCIAL LEADERSHIP: THE DIFFERENCE BETWEEN SURVIVAL AND INSOLVENCY FOR NONPROFITS
By Erica Crenshaw In Financial Leadership, Podcasts Posted September 17, 2015 0 Comments
The nonprofit community recently lost a 123 year old prolific leader and strategic partner that opened doors for many others with a strong desire to change lives. That leader was none other than the renowned, Chicago‐based Jane Addams Hull House Association – a social service agency that served more than 60,000 people each year, offering […]