This blog first appeared on and was written for Nonprofit Conversation. No one is immune to the challenges of doing more with less in this economy. From my vantage point as a philanthropy consultant, I hope this blog post helps nonprofits understand how the economy is impacting foundations, and provides suggestions for what grantmakers are looking for from nonprofits. Six challenges grantmakers face this economy 1. Significant cuts in foundation assets and grantmaking budgets – Foundations lost approximately 28% of their assets in 2008, and a reduction in assets generally means fewer dollars available for grantmaking. Some, such as the Gates and MacArthur foundations, are making efforts to increase funding in 2009. However, 67% of foundations surveyed recently plan to … Continue reading Challenges Grantmakers Face in This Economy
Simply choosing to hire a consultant isn’t enough to guarantee a successful engagement. You need to clearly communicate your goals at the outset, and take the time to provide feedback on whether those goals were met upon project completion. Here are few guidelines to help you succeed with consultants: 1. Understand All Your Goals Before you choose a consultant, take the time to fully understand the problems you want to resolve. Be clear about what you expect the consultant to accomplish and identify all the key stakeholders. It’s also essential to identify any barriers that could influence the project, and to be very clear about your timeframe and budget. 2. Identify the Right Consultant Once your goals are clearly outlined, … Continue reading 5 Tips for a Successful Foundation-Consultant Relationship
If you’ve ever found yourself in the midst of a disaster, you know how quickly a fire, flood, pandemic, or earthquake can erase any illusion of personal safety. Disasters come in all forms, and they can strike whether the economy is strong or in crisis. You can’t prevent disaster, but you can prepare for it. The key: put a plan in place to protect your assets, sustain productivity and provide support where you are able. Over the years, we’ve worked with many foundations to strengthen disaster preparedness in the philanthropic sector. With this blog, we share some of our ideas and resources. Use them today, so you can be prepared for tomorrow. What If?” 5 Tough Questions to Ask Yourself … Continue reading Are You Prepared for a Disaster? Learn How!