Creating more strategic, financially savvy, and confident nonprofit leaders and organizations.
As I described in previous posts here, here and here, one of the ways in which the nonprofit sector is broken is that it is undercapitalized. It is not able to generate an adequate amount of capital in order to scale and solve the problems it seeks to address. This undercapitalization comes not from a […]
I’ve been thinking about it a lot. Indeed, the very reason I created Social Velocity was to spur, or grow the movement for social innovation here in Austin and the Southwest region. There is a reason (or reasons) why our region has not yet caught the wave of social innovation that has been sweeping the […]
There is much talk lately about what the fallout of our deepening recession will be for the nonprofit sector. Paul Light gives four future scenarios for the sector, others are pinning their hopes on the new Obama administration, a new economic stimulus plan, and/or the Serve America Act to revitalize and strengthen the sector. Who […]
In difficult economic times like these it can seem impossible and exhausting to raise money. It may appear that everyone is saying no, and raising enough to keep your nonprofit going is nearly impossible. You may grow angry at those who have wealth, but are unwilling to part with it because of fear and uncertainty. […]
Expanding on the argument for equity holders in the nonprofit sector, there has been a call for restructuring nonprofit accounting standards (FASB) to introduce equity capital. The idea, proposed by Sean Stannard-Stockton, from Tactical Philanthropy, and George Overholser of the Nonprofit Finance Fund, is that we make a distinction in nonprofit accounting between revenue used […]
By Nell Edgington Leave a Comment
Today marks the much-anticipated inauguration of our next President. And to a country in the middle of two wars and a deepening recession, it is a moment of hope. There is much speculation about what this new President will do for our country. Particularly in the nonprofit sector, which always bears the brunt of […]
By Nell Edgington Leave a Comment
As promised, another of my clients is hiring. ACTIVE Life (formerly Youth InterACTIVE) works to fight the national obesity epidemic by driving demand for healthy, ACTIVE lifestyles and making these lifestyles more accessible. They are looking for a Vice President of Business Development to grow revenue from corporate, individual, foundation and earned revenue sources. This […]
By Nell Edgington Leave a Comment
If you are a nonprofit manager struggling with social media (what it is, how to use it, whether its a good idea for your organization or not) read this great post by Amy Southerland, a communications consultant for nonprofits. Social media is Internet and mobile applications for sharing information and ideas. It includes blogs, Twitter, […]
Clara Miller, CEO of the Nonprofit Finance Fund, which is a leader in working to adequately capitalize the nonprofit sector, wrote a great post in the Chronicle of Philanthropy about how the sorely inadequate way the nonprofit sector is funded has got to change. She argues that the current recession is the potential nail in […]
Isn’t creating significant change in society what the social sector (nonprofits and the philanthropists who fund them) is all about? A person starts a nonprofit organization when they recognize some disequilibrium (poverty, homelessness, failing schools) and they have a theory of change that will result in righting that disequilibrium. I think at times, however, the […]