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Reply To: Private: Resilience is more complicated than a checklist of steps

Hello, thank you for this discussion! I have a few thoughts about the narrative of “resilience” as it relates to the nonprofit sector. In general,…

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Reply To: Private: Livable wages

We use a capital structure model with 3 sources. Contracts, Fee for service, and gifts. The triple-legged structure allows us to finance problems in any…

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Reply To: Private: Can salary keep pace?

Good point, we have a similar issue because we are primarily a health care organization. We receive grants that cover a good portion of our…

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Reply To: Private: Managing and using cash reserves

It is helpful to see other’s approach to reserves. After 2020, we realized some income sources that we had relied on had potential to change…

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Reply To: Private: Addressing Racial Equity

These are great, Kristine! Funder intros, and I think even more broadly, generous and thoughtful intros can go such a long way in building strong…

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Reply To: Private: Can salary keep pace?

Thanks for sharing these, Madge! So many great nuggets I’d love to dig deeper on 😀 1) You mentioned considering whether the time is ripe…

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Reply To: Private: Can salary keep pace?

I’m really appreciative of the wisdom here! We just completed a comp analysis with Blue Whale and recently shared high-level salary report themes during our…

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Reply To: Private: Managing and using cash reserves

I agree with the “it depends” school of thought on reserves planning. Three months is, to me, an irreducible minimum of operating reserves. My local…

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Reply To: Private: Managing and using cash reserves

Jeff, yours is such an important point on the need for reserves being dependent to some extent on types of funding. Jon Pratt wrote a…

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Reply To: Private: Managing and using cash reserves

We advise that the level of reserves should really be related to consistency, stability, and diversity of your funding. While we know that macro events…

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