Navigating Contingency Planning: Lessons from Philanthropy Contingency planning plays a crucial role in ensuring that philanthropic projects can continue even when unexpected challenges arise. Non-profit organizations frequently encounter unforeseen obstacles, and having a well-defined risk management plan can make the difference between a project’s success and failure. The following article draws on case studies from Navigating […]
Donor-advised funds (DAFs) now represent nearly 10% of all charitable donations, totaling an impressive $52 billion in 2022, according to Giving USA. This rise comes as traditional giving faces headwinds; charitable giving overall dropped by 2.1% in 2023, largely due to inflation and economic uncertainties. Inflation, which was 8% in 2022 and 4.1% in 2023, […]
Strategic planning is essential for nonprofit organizations to navigate their challenges and achieve long-term goals. This process allows leadership teams to evaluate their current strategies, allocate resources wisely, and ensure that every effort aligns with the organization’s mission. While these concepts sound straightforward, many nonprofits struggle with where to begin or how to maintain focus. […]