I started my job with Project Partners in January and am loving being a part of this fabulous team. I quickly learned that even though we are a small company, we maintain a very large project portfolio! One thing that has allowed me to jump right into all of the incredible work with our clients is the fact that our files are robust, well-organized, intuitive, and easy to access. During this era that has been dubbed “the great resignation” it seems that staff turnover feels inevitable. However, encouraging your team (and yourself!) to keep impeccable records can ease the pain of losing someone special, while also shortening the learning curve for anyone new to your staff. Some specific examples to keep in mind:
Insights from the AFP DFW Philanthropy in Action Conference.
Start Loving Your Virtual Events!
Practically overnight, we were all forced to reinvent our fundraising and community engagement events. COVID-19 quickly changed the landscape for how we raise critical funds for our organizations, engage our board and committee members, and meet with donors and prospective donors, propelling us into some unknown virtual waters.
Direct Talk About Indirect Expenses and Salaries in Grant Project Budgets
While many foundation funders have allowed for more general operating requests due to the current pandemic, funders overall still favor project-based support. I often hear distress from nonprofit leaders unable to raise as much money for salaries and day-to-day operations—the real costs that allow your organizations to run and your programs to flourish. Our clients often ask whether there are ways to incorporate indirect costs (also called overhead or administrative costs) into project budgets for grant applications, and if so, how to do that. Here are two ways to approach it:
Does a New Building Seem Like a Good Idea?
Last year, a fledgling nonprofit asked if we would be interested in receiving an RFP to work on a capital campaign. After reviewing their business plan, I responded with the questions below. If you and your board members are contemplating bricks and mortar to fulfill your mission, these questions may be relevant to you, too – especially considering the current funding environment.