Yes, you need Julia Patrick’s 5 tips for annual nonprofit planning
#031 – Today I am speaking with Julia Patrick. Julia is the founder of the American Nonprofit Academy. Her mission is to bring education, leadership, connectivity and collaboration to the nonprofit community. She produces and hosts the nation’s ONLY daily 30 minute nonprofit broadcast called The Nonprofit Show. She interviews nonprofit leaders from around the country and world. There are almost 500 episodes in the archive.
Julia shares that funders are looking for financial commitments from your board.
“what percentage of your board is financially invested in your organization?”
“Newsflash, if it’s NOT 100%, then you’re going to lose some funding. And that doesn’t necessarily mean huge amounts of money. It could be a hundred dollars, it could be $10, but that is something that funders across this country are looking at.”
She adds that you can be creative by scholarshiping younger board members who may not be able to meet the financial hurdle.
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4 Key Takeaways
#1 Be organized. Have all of your meetings defined and scheduled for at least 12 months out;
#2 Most funders are asking the question what percentage of your board is financially invested in your organization? If it’s not a hundred percent, then you’re going to lose some funding opportunities;
#3 The same people get asked to to join these boards so you’re probably going to hear a lot of nos before you hear yeses; AND
#4 The pandemic has forced overdue changes in the nonprofit world.
Show Notes
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