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Category Archives: Sustainability

Jul 10, 2019
Posted Under: Sustainability

Even if your organization is not directly impacted by the state budget, you will likely feel the indirect effects. We encourage you to use our Indicators of Financial Crisis tool to be prepared. A stressed organization can make ill-advised decisions, especially in the financial arena – and the results can be damaging. This tool can help you assess … [ Read More ]

Feb 25, 2014
Posted Under: Sustainability

Earned income which comes from the sale of products or services that are aligned with an organization’s mission is a sustainable source of revenue. For many nonprofits, earned income is their only sustainable income. The term nonprofit is not a business strategy. Unfortunately, many nonprofits that engage in generating earned revenue don’t understand this concept. … [ Read More ]

Feb 18, 2014
Posted Under: Sustainability

To add as much value as possible to an organization, board members should invest time in training, especially in the area of fund development. Many people who serve on boards report little comfort in this area. Good training emphasizes that each board member brings his or her own strengths to the process and each has … [ Read More ]

Feb 17, 2014
Posted Under: Sustainability

We recently received a gracious note from Josselyn O’Connor, development director at the Kenai Watershed Forum, on the way her organization has integrated Focus on Sustainability into their board meetings. “After reading your book, I knew it would be a great tool as we move forward. I have purchased a copy of Focus on Sustainability … [ Read More ]

Feb 11, 2014
Posted Under: Sustainability

Board members have responsibility to financially support organization A charitable giving strategy clearly increased the board’s own responsibility. Board members can only ask others to give to their organization when they have made their own gift. It’s important that organizations that ask boards to give first adopt a policy of 100 percent board giving in … [ Read More ]

Feb 4, 2014
Posted Under: Sustainability

According to Giving USA, individuals – through both annual contributions and bequests – account for over 80 percent of all charitable giving in the United States. This percentage has had little variation over many decades. Individual giving can become a sustainable income source when approached strategically. An organization needs systems in place to manage donor … [ Read More ]

Jan 28, 2014
Posted Under: Sustainability

Unrestricted funds are interesting because they actually come from the most sustainable revenue streams. That critical support includes committed individual donors and mission-related income. An individual charitable giving strategy succeeds when a donor both perceives that an organization delivers on its mission and feels nurtured in his or her relationship with the organization. Earned revenue … [ Read More ]

Jan 21, 2014
Posted Under: Sustainability

The lack of flexibility from not having sufficient unrestricted funds can lead to loss of focus and often disrupts the board/staff balance. Nonprofits that lose government funding often turn to institutional funders like corporations and foundations. While these sources can be useful for specific projects and capital expenses, they are the least likely to provide … [ Read More ]

Jan 14, 2014
Posted Under: Sustainability

Many people, even those with a financial background, have difficulty with the nonprofit sector’s accrual accounting standards. Most of us think in terms of cash accounting: Do I have enough money in the bank or do I need to charge it? With accrual accounting, it can be easy to believe your organization has enough cash, … [ Read More ]

Jan 9, 2014
Posted Under: Sustainability

As we close out 2013 and look forward to 2014, we’re especially grateful for the response we have received to our book Focus on Sustainability: A Nonprofit’s Journey, which was released during the Leadership Summit in April. Through the generosity of the Rasmuson Foundation we were able to provide everyone who attended the summit with … [ Read More ]