Establishing good fiscal policies and procedures is more of an investment of time and attention than money. There is no “one size fits all” template that will work for all organizations. This guide offers a recommended structure for policies and procedures as well as some questions to guide you in considering what is best for your organization. (CompassPoint, 2012)
Operating Reserves for Nonprofits - For seven consecutive years Nonprofit Finance Fund’s State of the Sector report revealed that less than 25% percent of those nonprofits responding had more than 6 months of cash in reserve. In fact the majority of the nonprofits responding reported that they had less than three months of operating reserves on hand.
Most foundations and corporate funders require organizations to submit a project budget with their grant application. William A. Bayreuther Grantwriting has provided complementary samples of proposal budgets for a 1 year project, 2 year project and a capacity building request. (Maine Association of Nonprofits)
Supporting the Messengers of Change: Grantee Communications Assessment Report to the Mary Reynolds Babcock Foundation details the findings and conclusions of a study of the strategic communications capacity, challenges, and needs of 38 policy grantees, with the understanding that this capacity is closely tied to their effectiveness as advocates for policies that move people and places out of poverty.
How can nonprofit boards unite their diverse personal views on complex policy issues and arrive at strong organizational positions?
Joan Garry was the keynote speaker at the Center's 2017 Conference for North Carolina's Nonprofits, Embracing Uncertainty, where she also presented the concurrent session, “How to Create a Five-Star Elevator Pitch.” In anticipation of her visit to North Carolina, she shared a few thoughts with the Center.