We live in uncertain times, with constant social, political, and economic shifts. During the American War of Independence Lord Cornwallis surrendered to George Washington at Yorktown while the British band played the tune “the world turned upside down”. The most powerful army in the world had just been defeated by the American patriots. It must have indeed seemed like the world was upside down.
Today, nonprofit leaders may feel similarly challenged, as the funding and practices they have counted on in the past may no longer be available in the same ways. Whether you work in a nonprofit or volunteer as a board member, navigating uncertainty is part of the job description. Strategic management of resources is key to managing these uncertainties and ensuring your organization’s ability to fulfill its mission.
These are just some of the questions facing your staff and board:
Finding stability in the midst of uncertainty requires consistent actions that strengthen your financial position while connecting you more closely with funders.
What can you do to secure resources for your nonprofit when funding sources are rapidly changing?
Economic change is inevitable, but with strategic financial planning and good donor stewardship, your organization can remain sustainable and resilient, continuing to fulfill your mission even in a world that may seem like it’s upside down.
If our team can be of help to you, please don’t hesitate to reach out for a free one-hour conversation with one of our team members.
While your current situation may be unique, economic instability happens regularly. You may find these additional resources helpful: