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"Every dollar spent every hour devoted needs to be in pursuit of the mission," Eric Reicin, CEO of the BBB National Programs, writes on Forbes.
"If that happens, successful operations can be impossible."
That's why, when it comes to improving your nonprofit's operations, Reicin and 15 other members of the Forbes Nonprofit Council offer up their top tips: "Keep an Open Mind": "The best way to always keep pace with an ever-changing landscape is to keep an open mind," writes Christopher Dipnarine of 4MyCiTy Inc.
"Be adventurous with your thinking and ensure your team is always open to new ideas and annual strategic goals": "We often look to best practices from leading for-profits while also ensuring they are appropriate in a nonprofit context.
This is an organization-wide effort with each team member engaging in operational enhancements in furtherance of our mission."
"Regularly appoint and establish annual strategic goals": "This can help build trust and support from internal and external stakeholders."
"Get Clear On The Organization's Mission": "Every dollar spent every hour devoted needs to be in pursuit of the mission.
Make sure that all are clear on the mission, goals, and metrics of the organization."
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
If Mark Parker wins the Democratic primary for a Baltimore city council seat, he'll be the city's first openly gay lawmaker. The 42-year-old pastor, who says he's "personally and professionally...more
"California is a global leader in the fight against climate change," Ben Stapleton says. "Our state is experiencing the increasing impacts of climate change and yet, has an enormous opportunity...more
The nation's second-largest for-profit education company is being bought by a private equity firm in a deal said to be worth more than $5 billion, the Wall Street Journal reports. Under the...more
Foundation: California Community Foundation, San Diego Foundation
The San Diego Foundation is calling for proposals for its 2024 Community Scholars Initiative grant program, which aims to fund "high-impact projects that support students with disabilities, foster...more
In the fourth quarter of 2023, American household debt hit $17.5 trillion, according to the Federal Reserve's quarterly report on household debt and credit. That's $212 billion more than in the...more
The new president of the International Storytelling Center in Jonesborough, Tenn., says he'll bring a "keen appreciation for the arts and Appalachian history" to the job, the Knoxville News Sentinel...more
It's not every day that a hospital is named the nation's top medical facility, but that's exactly what's happened at Alabama's Children's of Alabama. The Children's of Alabama Clinical Scholars...more
"Is there anything we can help you with today?" asks a text message, followed by a series of seven follow-up texts over 30 days. The idea is to make it as easy for patients to get in touch with...more
There's a growing market for digital diabetes management tools, but a new report from the Peterson Health Technology Institute (PHTI) is warning that these tools aren't helping people with type 2...more
Foundation: Gates Foundation
"The rapid pace of innovation in artificial intelligence, biotechnology, and more is opening new doors for progress in global health." That's the takeaway from the International Center for...more
Nonprofit Management News from...
Microsoft Philanthropies
California Community Foundation
San Diego Foundation
Gates Foundation
Hewlett Foundation
United Nations Foundation
Community Foundation of Sarasota County
Community Foundation of the Ozarks
Arkansas Community Foundation
Boston Foundation
Cambridge Community Foundation
Social Entrepreneurship
Spotlight
Hugh Jackman: Fair Trade Entrepreneur
Renowned actor, Hugh Jackman, talks about how he started becoming a fair trade entrepreneur. Jackman is constantly building up ideas and solutions to help small coffee growers get good prices outside the massive coffee industry. His business, Laughing Man Worldwide, reinvests 100% of its profits in its partnerships with farmers.
