2018 Top 5 Nonprofit Governance Challenges

whitePaper | March 30, 2020

Like the rate of failure seen in new business ventures, nonprofits often fail because they cannot secure the funding to be sustainable. This is because many nonprofits focus on their outputs rather than outcomes. Fundraising strategies should emphasize the value of the result expected to be delivered, then emphasize the downstream impact (outcomes) not just focus on the activities (or outputs) of the nonprofit itself.

whitePaper | October 25, 2021

Delivering social impact is the main purpose for a nonprofit organization, so anything that gets in the way of that must be reduced or eliminated. The right technology can help remove these barriers, but it must fit the needs of the business and be approached strategically – with cloud ERP systems designed specifically for the sector.

whitePaper | October 2, 2021

No matter the scale or severity of the crisis, employee financial stress hurts companies and their employees. An Employee Assistance Fund (EAF), also known as an Employee Relief Fund, Employee Crisis Fund, and a host of other names, allows your company to help employees overcome unexpected financial hardships and demonstrate your commitment to responsible corporate citizenship. There are different ways to administer an EAF. The best method for you will ultimately depend on factors such as the size of your company, how you will fund the EAF, and the complexity of your program.

whitePaper | August 26, 2022

Organisations are increasingly integrating digital technology across all areas, which is fundamentally changing daily operations and value delivery. The International Data Corporation (IDC) has estimated that global spending on digital transformation will reach a staggering $9.4 trillion AUD by 2023. The pandemic accelerated this trend as organisations pivoted to virtual strategies to keep their donors and communities engaged.

whitePaper | March 25, 2020

In their seminal article, "Nonprofit Starvation Cycle", Ann Goggins Gregory and Dan Howard exhort nonprofit finance professionals to report to funders the real costs of running nonprofit organizations. The authors explain that the popular trend to restrict funding to specific programs without accounting for infrastructure expenses leads to an unintended consequence, a "nonprofit starvation cycle", where charities cease to function because they can't pay for overhead costs, such as administrative employees, computers and electric bills. To break this unhealthy cycle, the article encourages nonprofits to recalibrate funder expectations by providing accurate financial reports and other supporting information to reflect the true costs of nonprofit operations.

whitePaper | January 29, 2020

To address high drug prices and the challenges they create for access to drugs, organizations have been exploring and working to create nonprofit pharmaceutical companies. These nonprofit companies prioritize drug access and affordability in the United States as core components of their mission. In the current federal policy landscape, however, there are specific incentives for the operation of for-profit pharmaceutical companies that do not similarly benefit their nonprofit counterparts, as well as several other barriers to sustainability for nonprofit companies.