One of our axioms - possibly the one we talk about the most with our clients - is Leadership is Everything. We have trained and written about this topic from day one. It's true for our nonprofit clients, and it's true for us.
At DBD Group, we've been in a period of growth, adding consultants and serving more clients than ever before. What we quickly realized was we needed to create a structure of leadership to ensure we can serve our clients - and our consultants - in the best way possible.
We are excited to announce the following "new" leaders to DBD Group. (Their faces are familiar, but the roles are new!) Along with continuing service to our clients, these team members have additional roles within DBD Group.
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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
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
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
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
Over the last four years American nonprofits have benefited from unprecedented amounts of federal funding.
The impact of the Covid pandemic on our lives, our society, and our charities and nonprofits, was unimaginable. Nonprofits had to find ways to address community needs in new and different ways.
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Topics:
finance,
financial management,
federal funding,
government funding
Have you ever wished that property abutting one of your current locations would come on the market? What if a for-profit service provider in your community wanted or needed to exit a facility that was perfect for a service expansion? What if the undeveloped parcel that fits your long-term strategic plan suddenly became available after years of cultivating the owners?
Would you be in a position to close? The timing doesn’t always line up, and it’s possible that you wouldn’t be. But instead of walking away, consider the often-overlooked source of bridge funding: the friendly buyer. The friendly buyer purchases and holds the real estate with the intention that at some future date, your organization can and will purchase from them.
Here are three scenarios that we’ve seen play out in real life.
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Topics:
Capital Campaign,
Capital,
Capital Fundraising,
finance
As the new year rolls in, many nonprofits are embarking on a brand-new budget, with clean slates, fresh aspirations, and strategies poised for success. You may also find your organization with a new class of volunteers on your board of directors, fresh faces on committees and perhaps even new staff members on your team.
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Topics:
Leadership,
Volunteer,
Volunteer Leadership,
Board Development,
Volunteer Management,
Nonprofit Leadership,
Board Management,
Board Leadership,
finance
I recently joined a meeting with a new client that is about to embark on his first capital campaign. He asked a great question, “What do you wish you would’ve known before your first capital campaign?”
Hindsight is usually 20/20 so I was grateful for this great question and the ability to help this client avoid some preventable pitfalls.
A few tips came to mind:
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Topics:
Capital Campaign,
Goals,
Financial Development,
Capital Fundraising,
finance,
financial management
When thinking about ways to use real estate assets to further a nonprofit’s mission, we often focus on underutilized real estate and how we might turn those into cash. However, as nonprofits seek ways to use contributed and earned revenue dollars more efficiently, it may also be a good time to rethink how you use your office space.
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Topics:
Nonprofit Management,
finance,
financial management
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As the year comes to and end, we are highlighting our best posts and the nonprofit practices that we should all carry into the new year. |
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Topics:
Leadership,
Fundraising,
Best of DBD,
finance