Be Your Own Master of Managing Federal Grants Grants for nonprofits may offer a promising solution to funding; however, navigating the complex application and compliance processes can be challenging. In this episode, Patrice Davis, the founder of Grant Works Academy, explores the challenges and myths surrounding federal grants for nonprofits. We will also discuss key factors in federal grant management, such as: The potential impact of technology failures on nonprofit operations The importance of training and building […]

5 Ways To Recession-Proof Your Nonprofit Lately, it’s hard to go more than a few hours—forget about a whole day—without being haunted by the joint specters of recession and inflation. We see the numbers at the gas pump and when we turn on the news. They insert themselves into small talk with co-workers at the water cooler. Or conversations with our partners and roommates about rising interest rates and rent hikes. In short, the economy […]

Why Are Mission Statements Important Many of us may need a clearer idea of our mission statement and how to make that statement memorable to others. Unfortunately, this means that the current mission statement of our nonprofit organization is ineffective. However, by learning from examples of good and bad nonprofit mission statements, we can ensure that our mission statement effectively communicates the purpose or goals of our organization. Before diving into examples, it is important […]

Nonprofit Ratings and Increasing Your Impact Nonprofit ratings exist whether you like it or not. Some nonprofit professionals consider outside sources and external parties’ opinions of their nonprofit obsolete. But guess what? Your donors don’t. Ratings can be valuable social proof that you can add to your nonprofit website and other promotional materials to build trust with your donors and community. Michael Thatcher is the CEO of Charity Navigator. This 501(c)3 nonprofit corporation helps millions of people take […]