Nonprofits are facing all of the same inflationary pressures as others across our communities. In this episode, Nancy and Sarah talk about how a nonprofit can respond to inflation, particularly related to finance and fundraising. They share some ideas for thinking about salary adjustments, communicating with donors and supporters, and engaging board members in scenario planning. They highlight the importance of true cost accounting and advocacy as ways to expand the amount of money you have to work with. You got this.
Category: Finance
Episode 42: Breaking the rules
In this episode, Nancy and Sarah talk about what kinds of rules we face as nonprofit leaders and what rules we can break--should break!-- as we build strategy and intention around our programs and practice.
Episode 12: Technology Sound Bytes: Cloud Storage
Nancy, Sarah, and JoAnn talk about cloud storage and why nonprofit leaders should prioritize the security of their key documents.
Episode 9: Money–Time for a Six Month Financial Forecast
Money. It is a topic that many of us are thinking a lot about right now. Will we have enough money to get through this crisis? How do we make decisions about money when there is so much uncertainty around us? In this episode, we make the case for why you need a financial forecast… Continue reading Episode 9: Money–Time for a Six Month Financial Forecast
Episode 2: Building Financial Strength
Today we're talking about the frequently unpopular topic of finance. Nancy, Sarah, and JoAnn explore how we can position our organizations today to be financially stronger tomorrow. Questions to reflect on before you listen: Think about how your board talks about the financial situation of your organization. Is it a comfortable topic? Does everyone engage… Continue reading Episode 2: Building Financial Strength