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NAVIGATING UNCERTAINTY: STRATEGIES FOR NONPROFIT LEADERS

Posted by DBD Team

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.

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Topics: Fundraising, Change, Financial Development, Capital, Best of DBD, Board Management, Fear, Fund Development, Execution, Communication, Debt Reduction, Ask For Advice, Development, Crucial Conversations, Resource Development, finance, board governance

HELPING YOUR BOARD TELL THE BEST STORY

Posted by Michelle Gorham

I’d be willing to bet that every nonprofit I’ve worked with has spent some time wishing their board members “helped more” with fundraising.

When they say that, they usually mean they want more people to make direct asks for gifts. I say not all board members should ask for money, but every board member can tell a moving story about the meaningful impact of their organization.

Development staff, CEOs, and marketing teams can empower board members to use storytelling as an effective and comfortable way to participate in the crucial work of raising money. To tell a great story, board (and staff) members must be authentic, passionate, and focused on the mission.

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Topics: Board Development, Fundraising, Case For Support, Financial Development, Capital, Board Management, Case Statement, Capital Fundraising, Execution, Communication, Asking For Help, Development, Potential, Resource Development, finance, financial management, Leadership & Boards, board governance

FIVE STEPS TO CREATE AN EFFECTIVE FINANCE COMMITTEE

Posted by Brian Keel

Working with boards is a topic that DBD Group has written about at length. Less popular, but only slightly less important, is creating an effective Finance Committee for your nonprofit. This group can be the most dynamic, exciting and important group in your organization.

From monitoring financial performance to approving budgets and financial policies, vetting loan options to overseeing the audit process, there is plenty to dig into. The best committees don’t just happen though. They are intentionally built, diverse in more ways than you might think, and given a clear chart of work.

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Topics: Board Development, Fundraising, Campaign Leadership, Financial Development, Capital, Board Management, Board Leadership, Capital Fundraising, Execution, Communication, Development, Attitude, Potential, Resource Development, finance, financial management, Leadership & Boards, board governance

THE "3 Ds" OF HIGH-IMPACT BOARD MEMBERS

Posted by Richard Clegg

Nonprofit volunteers that serve on boards are the backbone of the organization. They offer invaluable guidance, support, and resources. While most new board member orientations cover fundamental responsibilities, a recent interaction with a CEO candidate in one of my executive searches highlighted a powerful framework for maximizing board impact.

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Topics: Board Development, Fundraising, Board Management, Inspiration, Board Leadership, Donor Prospect, Execution, Communication, Cultivation, Appreciation, Development, Donor, Attitude, Potential, Resource Development, Donor Identification, Leadership & Boards, board governance

TACKLING FUNDRAISING EXPECTATIONS WITH YOUR BOARD

Posted by Alison Hansen

Let’s face it: asking board members to help with fundraising can feel as awkward as teaching your parents how to use TikTok. But it doesn’t have to be! With the right mix of clarity, support, and a dash of good humor, you can turn even the most hesitant board member into a fundraising champion.

A board’s role in fundraising is critical because it sets the tone, drives the strategy, and shows everyone else how it’s done. Board members bring credibility, connections, and leadership that no staff member or volunteer can fully replicate.

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Topics: Capital Campaign, Board Development, Donation, Fundraising, Culture Of Philanthrophy, Board Management, Inspiration, Board Leadership, Donor Prospect, Capital Fundraising, Fund Development, Communication, Cultivation, Appreciation, Development, Donor, Attitude, Potential, Resource Development, Donor Identification, Leadership & Boards

URGENT OPTIMISM

Posted by Lora Dow

For leaders of mission-driven organizations, keeping a hopeful attitude is critical to meeting the inevitable challenges that arise. But how do you keep your attitude positive when things aren’t going your way?

In “Imaginable” by Jane McGonigal, the author introduces the concept of “urgent optimism.” In this state of mind, it’s possible to be realistic about the issues and risks ahead, while also keeping an open eye and heart as to how you can help to solve those issues and address the risks.

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Topics: Collaborations, Book Club, Donation, Fundraising, Goal Setting, Goals, Culture Of Philanthrophy, Fundraising Management, Inspiration, Capital Fundraising, Communication, Appreciation, Development, Donor, Online Giving, Attitude, Happiness, Potential

CHALLENGING AND ACHIEVABLE GOALS LOOK FORWARD - NOT BACK

Posted by Gary Laermer

When setting fundraising goals—whether for annual contributed revenue or a multi-year campaign—many organizations default to looking at past performance. But here’s the thing: basing your goals only on what’s been done before can be limiting.

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Topics: Capital Campaign, Donor Stewardship, Donation, Fundraising, Goal Setting, Campaign Leadership, Goals, Financial Development, Fundraising Management, Capital Fundraising, Fund Development, Communication, Development, Campaign Planning, Making The Case, Making The Ask, Donor, Online Giving, Donor Advised Funds, CelebratingOurClients

SEVEN STEPS TO SECURE GIFTS FROM DONOR-ADVISED FUNDS

If you’ve been putting off implementing a strategy to secure gifts from donor-advised funds, let this be the year that changes that. Why? The numbers are too big to ignore.

  • Donor-Advised Fund (DAF) contributions represent 8% of all donations in the USA.
  • Total Assets in DAFs in 2023 was $251.52B
  • Total Value of Grants made by DAF fundholders in 2023 was $54.77B
  • Total Value of Contributions made to DAFs in 2023 was $59.43B
  • Average DAF Account size in 2023 was $141,120
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Topics: Capital Campaign, Donor Stewardship, Donation, Fundraising, Major Gifts, Financial Development, Annual, Annual Fundraising, Fundraising Management, Capital Fundraising, Fund Development, Communication, Cultivation, Development, Campaign Planning, Making The Case, Making The Ask, Donor, Online Giving, Donor Advised Funds

NEW YEAR NEW OPPORTUNITIES

Posted by Bruce Berglund

As we turn the page on the calendar and step into a new year, nonprofit leaders everywhere are greeted with a world of opportunity. The new year is more than just a fresh start; it’s a chance to reflect, reimagine, and reignite our passion for the causes we serve.

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Topics: Leadership, Donor Stewardship, Stewardship, Fundraising, Gratitude, Annual Campaign, Goals, Donor Love, Vision, Donor Relations, Fund Development, Fundraising Campaign, Execution, Communication, Cultivation, Development, Campaign Planning, Donor

PLANNING FOR YEAR-END

Posted by Bruce Berglund

The time between Thanksgiving and year-end offers a prime window for fundraising, as people often feel a heightened sense of generosity and motivation to support causes they care about. This season can be a tremendous opportunity to engage donors, share your mission’s impact, and inspire end-of-year contributions. Here are some practical fundraising strategies and tactics to maximize your campaign success during this season:

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Topics: Donor Cultivation, Fundraising, Asking, Donor Communications, Change, Strategy, Best of DBD, Year-End Giving, Fund Development, Fundraising Campaign, Year-End, Communication, Planned Giving, Development, Campaign Planning, Making The Ask, Gift Of Giving, Donor, Ideas, strategic planning

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