May 29, 2024
July 12, 2023

How to Start a Foundation for Your Nonprofit Organization

How to Start a Foundation for Your Nonprofit Organization Nonprofits operate in a continuous cycle involving donor acquisition, fundraising efforts, and mission-driven work. As a nonprofit leader, you may be looking for new ways to give to your community and break out of your organization’s cyclical operations. By forming a private foundation, you can continue your nonprofit’s work while supporting other organizations that address a cause you care about. In this guide, we’ll cover the […]
July 14, 2023

[PODCAST] Nonprofit Compensation: How to Compete with the For-Profit Sector

Nonprofit Compensation: How to Compete with the For-Profit Sector In this enlightening episode of Nonprofit Hub Radio, host Delaney Mullennix speaks with Nanci Hibschman, the managing principal at C3 Nonprofit Consulting Group. They delve into the critical issue of nonprofit compensation, a subject of increasing relevance as nonprofits grapple with retaining high-quality personnel in competition with the for-profit sector. Nanci argues that offering a thriving wage, not just a surviving one, is key to attracting […]
July 16, 2023

Harnessing the Past to Propel Your Nonprofit Forward

Harnessing the Past to Propel Your Nonprofit Forward Learning from the Past: The Foundation of Growth Nicholas Sparks aptly noted, “Everyone has a past, but that’s just it–it’s in the past. You can learn from it, but you can’t change it.” This holds profound implications for nonprofit organizations. As entities, we often allow past experiences to overly influence our current operations. However, these past experiences do not define us, they form a part of us […]
July 21, 2023

How to Implement a Chart of Accounts for Nonprofits

How to Implement a Chart of Accounts for Nonprofits The first step is integrating a complete and cohesive Chart of Accounts (COA). The COA actively serves as both an index of account numbers and names and a resource for categorizing all financial activities. In this guide, we’ll walk you through how to implement a chart of accounts for nonprofits into your organization’s financial management. What is a Chart of Accounts? A Chart of Accounts actively […]