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Nonprofits and Inflation: What’s the Plan?
Nonprofits negotiated the pandemic in ways that served their communities and their own sustainability even under great stress. Still, the changes the crisis caused —…
Contributors
Nonprofit Finance Fund Findings on The Racial Realities of the Nonprofit Economy
Every year, the Nonprofit Finance Fund puts out a report based on a survey. This year’s survey report, reflecting 1,168 nonprofit respondents, displays NFF’s new focus on racial equity. Its introduction summarizes how the ugly legacy of long-term funding practices on organizations run by and serving people of color played out during the 2020–21 period of COVID response. How did your organization experience and address these dynamics? What do we need to do next as a whole sector to redress historic inequities?
Reply To: Private: Budgeting for salaries and cost of living
I LOVE this idea. It’s responsive to the impact of inflation while also addressing equity at several levels. Thanks for sharing this, it’s an approach…
Reply To: Private: Managing and using cash reserves
There are at least 3 reserve funds for a nonprofit where I serve on the board: one reserved for the building, another a board reserve…
Reply To: Private: Budgeting for salaries and cost of living
One method I read about recently was to increase everyone the same amount — as an example say a $3000 increase for everyone. For some…
Reply To: Private: Budgeting for salaries and cost of living
These are weird times with inflation rising and unemployment low, giving employees more options. There is a tightrope to walk when you’re trying to retain…
Reply To: Private: One time windfall
This might be a good time to revisit your strategic plan. Does that give any guidance about program development, growth , or asset acquisitions? Does…
Reply To: Private: Advice for our first Single audit
What should we expect for additional cost for a single audit?