EXECUTE NOW!  LATEST NEWS

The worst of economic times brought out the best
By Erica Crenshaw In Financial Leadership Posted September 16, 2015 0 Comments
  “A crisis is a terrible thing to waste,” American economist and NYU professor Paul Romer was credited for saying in 2004. His sentiment, unfortunately, is appropriate again today as nonprofits throughout the sector learn from tough decisions that help them recover from the Great Recession and what we are now seeing will likely be […]
Finance and Fundraising: Don’t Underestimate the Power of Collaboration
By Erica Crenshaw In Collaboration / M & A Posted September 23, 2014 0 Comments
Dear Readers, I had the pleasure of speaking to the Association of Fundraising Professionals (www.afpnet.org) yesterday about the critical relationship between finance and development. As I was putting my presentation together, it only made sense to write about it as well. I hope you enjoy the latest blog. Finance and Fundraising: Don’t Underestimate the Power […]
Financial costs of mergers
By Erica Crenshaw In Collaboration / M & A Posted September 23, 2014 0 Comments
Financial costs of mergers “The benefits of mergers are what motivate organizations to consider this option, but the costs are not always clear at the outset,” explains Thomas McLaughlin, director of consulting services for the Nonprofit Finance Fund. Small hospitals look at mergers Credit-rating agency, Standard and Poor’s, recently reported that stand-alone hospitals, in particular, […]
What you should know about the end of corporate giving
By Erica Crenshaw In Foundations Posted August 22, 2014 0 Comments
What you should know about the end of corporate giving As corporate social responsibility evolves, businesses are questioning if traditional philanthropic giving is an antiquated expense line. Today, stakeholders and investors expect more integrated methods for tying social impact to core business activities. While this is a worthwhile endeavor, many companies are finding the reality […]
Greenpeace: A cautionary tale of financial mismanagement
By Erica Crenshaw In Strategic Finance Posted August 22, 2014 0 Comments
Greenpeace: A cautionary tale of financial mismanagement The blogosphere and nonprofit trade publications are all abuzz with the story of Greenpeace’s loss of $5.2 million thanks to a reckless investment decision made by the senior financial officer who has since been fired. This costly error prompted subsequent discoveries of financial disarray and allegations of hypocrisy […]
Talk is cheap, implementation is not
By Erica Crenshaw In Accounting Posted July 24, 2014 0 Comments
Talk is cheap, implementation is not “A mediocre plan well implemented will outperform the most brilliant plan accompanied by mediocre implementation,” say the coauthors of The Nonprofit Business Plan. The strategic planning process is an exciting time for many nonprofits because of the potential the plan promises. However, the emphasis should be placed on potential. […]
Cost per outcome: The new crystal ball for nonprofit success
By Erica Crenshaw In Accounting Posted July 3, 2014 0 Comments
Cost per outcome: The new crystal ball for nonprofit success Nonprofits are constantly looking for new ways to demonstrate impact to funders, particularly to foundations that have less to invest and apply increased scrutiny to their grantees. So you can imagine why “How to predict the success of a nonprofit program before it starts” captured […]
Good news for nonprofits seeking operating grants
By Erica Crenshaw In Fundraising Posted July 3, 2014 0 Comments
Good news for nonprofits seeking operating grants Few of us have the chance to ask program officers or foundation board members to tell it like it is. And if they do, how often must their answer be filtered to protect their foundations and positions? If you don’t have a foundation officer you can ask to […]
CPA or CFO: What is the right solution for your organization?
CPA or CFO: What is the right solution for your organization? At the beginning of this year, I highlighted some of the lessons learned and common themes related to how nonprofits fared throughout 2013.These observations were the result of a presentation I gave to a group of nonprofit leaders at a W.K. Kellogg Foundation convening […]
Jazz Fest overcomes harrowing debt through leadership, collaboration and sustainability
Jazz Fest overcomes harrowing debt through leadership, collaboration and sustainability The details of the last decade for the New Orleans Jazz Fest read like a famous story. There are villains, heroes and a lot of drama in between. But nothing other than dramatics would be fitting for this remarkably entertaining event that has become a […]