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A charity’s financial management starts in the home
A charity’s financial management starts in the home April is financial literacy month so it’s the perfect time to reflect on how much Americans know about their finances. As you can imagine, this knowledge translates directly to your ability to exercise proactive financial habits at the nonprofits you manage. Some of the statistics I’ll explore […]
Show us a grateful donor and we’ll show you the money
By Erica Crenshaw In Fundraising Posted April 22, 2014 0 Comments
Show us a grateful donor and we’ll show you the money During this time of year, high school seniors across the country are weighing which one of the nearly 4,500 degree granting colleges or universities they’re going to send a deposit check for the fall enrollment—a daunting prospect since the decision will have much to […]
Storytelling has a new name: the earnings call
By Erica Crenshaw In Podcasts Posted April 1, 2014 0 Comments
Storytelling has a new name: the earnings call We’ve heard about the importance of storytelling repeatedly over the past few years—almost to the point of excess. Perhaps because nonprofits still need to hear it since so many have yet to apply this wildly successful strategy. You can imagine my surprise when I recently read about […]
Compelling ROI stories are rooted in your financials
By Erica Crenshaw In Podcasts Posted March 19, 2014 0 Comments
Compelling ROI stories are rooted in your financials Access to information and technology has not only compressed our timelines at work, it has cast a laser focus on nonprofits’ obligation to demonstrate a return on investment (ROI) for funders. The social sector is quickly becoming familiar with ROI thanks primarily to foundations that are experiencing […]
Erica Crenshaw guest columnist in the Baton Rouge Business Report
By Denise McMahon In Interviews Posted March 10, 2014 0 Comments
“Nonprofit Models” Please check out Erica’s latest blog in the Baton Rouge Business Report, titled “Nonprofit Models”. Mrs. Crenshaw was featured as a guest columnist in the most recent issue. She would love your public feedback. If you like the article, please make that known in the comment section below the article. However, if you […]
Part II: Leverage the benefits of recognized financial models
By Erica Crenshaw In Strategic Finance Posted March 4, 2014 0 Comments
Part II: Leverage the benefits of recognized financial models My early professional career was in the corporate financial world, so I’m aware of how the corporate sector has long benefited from a common language that facilitates an easier discussion with potential investors. Both parties share an awareness of successful strategies such as “low-cost provider” or […]
Put yourself to the test before a donor does
By Erica Crenshaw In Foundations Posted February 17, 2014 0 Comments
Put yourself to the test before a donor does “A lot of charities are ‘really strapped’ and will be ‘for the foreseeable future,’” says Elizabeth Keating, a lecturer at Boston College who focuses on nonprofit issues. This quote caught my eye in a recent article in The Wall Street Journal by Jennifer Cummings. As nonprofits […]
Part I: Leverage the benefits of recognized financial models
By Erica Crenshaw In Strategic Finance Posted February 17, 2014 0 Comments
Part I: Leverage the benefits of recognized financial models Words can inform our mind, thrill our spirit or destroy our self confidence. Some call language a “tool of transformation.” No matter the intent behind your words, leading nonprofit thinkers agree the power of language is evident in every aspect of the sector. The influence of […]
Lessons Learned From Fallen Nonprofits
By Erica Crenshaw In Financial Leadership Posted January 22, 2014 0 Comments
Lesson learned: A reflection of nonprofits in 2013 There were pivotal moments during the last decade when the board should have made different, tougher decisions but didn’t,” explained Stephen Saunders, former director of the Hull House. As I’ve shared in prior posts and in my Monday radio segments, the Hull House is emblematic of so […]
Great Financial Management
By Erica Crenshaw In Financial Leadership Posted December 24, 2013 0 Comments
Great financial management: the road to smart growth Christy Ross is like so many of us who are drawn to the nonprofit sector. A connection to something greater than ourselves is what spurs us on every day. Ross was compelled to apply for her new position because she wanted to be part of the incredibly […]