Is Running a Nonprofit with a For-Profit Vision the New Normal

| October 17, 2018

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Alleviating homelessness. Providing healthcare. Advancing educational and economic opportunities. While nonprofit organizations may have a social purpose, they are, by definition, businesses that need to focus on profitability to further their mission. Like their for-profit brethren, they must have sound governance and financial practices including a way to measure outcomes and ROI that can support their growth and help them maximize funding, mitigate risks, and better serve their constituents.

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Antarang Foundation

Antarang Foundation is a Mumbai based organisation that bridges the gap between Education and Employability and envisions an India where every young person is passionately, productively and positively engaged in a career of their choice. Through structured programs, Antarang guides young adults in career choice, trains them in core employability skills, connects them to career opportunities and continues to mentor them.

OTHER ARTICLES

Is Your Nonprofit Overspending on IT?

Article | February 26, 2020

The nonprofit sector is absolutely crucial to improving the quality of life of millions of people everyday. In order to fulfill their mandate and serve their communities, these organizations must operate effectively as businesses with constraints and challenges that are unique to their sector. Doing more with less, and effectively leveraging limited resources is a common theme that spans finance, HR, operations and IT departments.

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Everything You Need To Know About 501(c) Categories Before Starting A Nonprofit

Article | February 18, 2020

Are you thinking about starting a nonprofit? There’s so much to think about and consider! If you're located in the United States, one of the most important early decisions you’ll have to make is what type of the Internal Revenue Service's (IRS) 501(c) categorization will best suit your nonprofit. There are actually 27 different types of nonprofit organizations that cover everything from cemetery companies to benefit trusts and everything in between! Most charitable organizations fit into one of three 501(c) categories. Each type has its own rules for tax-deductible contributions, lobbying, eligibility, and other things.

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The 7 Rules of Effective Networking for Nonprofit Fundraisers

Article | March 4, 2020

Any development professional and fundraiser will tell you that networking is the not-so-secret key to nonprofit fundraising success. Easier said than done, right? You don't want to be one of "those" fundraisers who seem pushy or too forward about it all. Some people are more natural networkers than others, but it's a skill that just about anyone can master. The most successful development professionals focus on sharpening their communication and networking skills so they can get the most out of all types of events and gatherings.

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How Nonprofits Can and Should Approach Machine Learning and AI

Article | May 26, 2020

Nonprofits can learn a lot about technology, operations, and more from companies in the for-profit sector. One technology that has been gaining popularity among c-level executives is machine learning and its contributions to modern Artificial Intelligence (AI). Since true AI — the ability for computers to process unstructured data, form conclusions, and take action — is not yet on the horizon of possibilities, machine learning models have become synonymous with AI.

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Spotlight

Antarang Foundation

Antarang Foundation is a Mumbai based organisation that bridges the gap between Education and Employability and envisions an India where every young person is passionately, productively and positively engaged in a career of their choice. Through structured programs, Antarang guides young adults in career choice, trains them in core employability skills, connects them to career opportunities and continues to mentor them.

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