How do you prepare for Foundation staff coming to tour your facility, especially when they’ve been known to ask really tough questions? Stacey has some ideas! Also on the theme of preparing, we have some thoughts on the best way to be ready to take the leap into leadership of your organization. Finally, there’s an oddly specific question about the difference between for-profit corporate events and nonprofit fundraising ones.
Why, oh why, do you hate galas so much? After 72 episodes of dropping unsubtle hints, Andy and Stacey finally got someone to ask the question they’ve been dying to answer. As you can imagine, they have opinions. Also, a complicated conflict of interest question turns out to have a pretty straightforward answer, and Stacey has some thoughts on how to say “no” to new program ideas.
- Making a donation to offset the salary of a spouse? – 0:00
- Y U HATE GALAS?! – 8:56
- How to say “no” to new program ideas? – 20:58
Today’s episode is sponsored by the HR Collaborative. The HR Collaborative was formed to help build nonprofit strengths through improved human resources. It provides professional development opportunities, networking and sharing of best practices on HR issues faced by nonprofit organizations. The Collaborative meets bi-monthly. Membership is free and open to anyone who works for a nonprofit and has HR responsibilities. For more information or to attend an upcoming meeting, visit their website at www.hrcollaborativelv.org.
Seriously, join ANN right now while it’s half off. This week Stacey and Andy answer three Nonprofit 101 questions. We find out whether or not nonprofits can actually make a profit, Stacey shares the best way for a new nonprofit to start fundraising, and Andy completely misses the point and gets all the way into the weeds with an accounting question. Also, join ANN now!
- Can a nonprofit make a profit? – 0:00
- What does everybody else need to know about accounting and finance? – 6:00
- How should a small nonprofit raise money? – 22:50
Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.
This week, we find out who should participate in creating the strategic plan, and why you shouldn’t volunteer for your own job. Andy provides the best single thing you can have to get your board to understand your financials, and Stacey shares the secret to winning any kind of fundraising presentation competition.