Remember Your Roots
This was the headline BoardSource used to introduce Candid’s latest compensation survey in its SmartBrief: “Report: Midrange nonprofits are making headway on gender pay gap.” Anyone who knows the sector would never think that “midrange nonprofits” referred to organizations with budgets between $25 and $50 million. That might be a mid-range organization in the for-profit sector, but not in ours. Not when the vast majority of organizations have budgets under $750,000. I’d expect BoardSource to understand its audience a little better than that headline suggests?
I’m Read more
All in the family
Recently, I spoke with a woman who helps the wealthy do good with their money. She’s concerned by the fact that no one seems to be paying attention to the implications of the massive wealth that is going to change hands over the next several decades. Yes, people are talking about the unprecedented $41 trillion figure. And, yes, nonprofits are talking about how they might get a share of that money. But people aren’t talking about how that portion of the $41 trillion that will Read more
Diversify Now
I just don’t get why, after the past seven years, any nonprofit would need a lesson in the essential importance of having diversified funding streams. If you are one of those who has not yet learned that lesson, have a board member who is a slow learner or have an executive director who didn’t get the memo, let me share some true stories – all just from the past week alone!
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Example One: newly-elected mayor of Patterson, New Jersey, who assumed his position this Read more
All in the Family
Recently, I spoke with a woman who helps the wealthy do good with their money. She’s concerned by the fact that no one is paying attention to the implications of the massive wealth that is going to change hands over the next several decades. Yes, people are talking about the unprecedented $41 trillion figure. And, yes, nonprofits are talking about how they might get a share of that money. But people aren’t talking about how that portion of the $41 trillion that will go for Read more
