know what you don’t know: starting a nonprofit (impact hub boulder)
DESCRIPTION
Starting a nonprofit is a noble effort in making community impact at a local, national or global level. Organizational founders bring tremendous vision for programs and services that will fulfill a mission. As many nonprofit leaders find out, there is so much to learn about running a sustainable and successful nonprofit organization. Join Emily Davis to learn about the essential elements of knowledge in running any nonprofit organization. Participants will discuss and learn about resources related to: − Board governance − Fund development − Community outreach − Program design and evaluation − Financial management − Legal structureTRANSCRIPT
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Impact HUB Boulder Accelerate Education Emily Davis, MNM, CGT Emily Davis Consulting
May 13, 2014 7:30 – 9:30 a.m.
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TURN ON YOUR TECH
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Name & Title Organization
60 seconds or less
1 Question for Today
Mission Moment
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WHY NONPROFIT?
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WHY NOT TO START A NONPROFIT
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Legal Structure
Finances
Fundraising Governance
Human Resources
Outreach
Program Design &
Eval
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ORGANIZATIONAL LIFECYCLE
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LEGAL STRUCTURE
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BOARD GOVERNANCE
MINIMUM BOARD IDEAL BOARD SIZE
TIME TALENT TREASURE TIES INVEST
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GOVERNANCE EXCELLENCE
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BOARD HATS
Legal Hat
Ambassador Hat
Volunteer Hat
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SHARED LEADERSHIP
Board Leads
Shares values thru policies that put mission in action
Hires, supports, assesses ED
Opens funding resources in community
Oversees financial due diligence
Recruits & retains new board members
ED Leads
Develops/ Proposes policy questions
Hires, supervises, motivates staff
Develops & implements programs
Shared Leadership
Strategic plan
Fundraising plan & strategies
Evaluations
Prep board meetings
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@ImpactHubBldr #nonprofit #startup #socent
FUND DEVELOPMENT
Diversity is key
Individuals
Special events
Foundation grants
Gov’t grants
Corporate sponsorship
Earned income
Service clubs
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U.S GIVING BY DONATION TYPE
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U.S GIVING BY ORG TYPE
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FUNDRAISING PROCESS
Prospect
Identify
Cultivate Solicit
Steward
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GIVING PYRAMID
New gifts
Annual donors
Midsize donors
Major donors
Planned giving
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FINANCIAL MANAGEMENT
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COMMUNITY ENGAGEMENT
Awareness about service or giving
Interest in learning about service or giving
Desire to buy service from org or donate
Action when service purchased or donation is made
*© 2010 Beth Kanter
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OUTREACH
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PROGRAM DESIGN & EVALUATION
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HUMAN RESOURCES
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FOUNDER’S ROLE
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VOLUNTEER DEVELOPMENT
• Always YES • Wants to help everyone & everything
• Caution!
OVER-COMMITTED
• Need lots to stay engaged
• Don’t let them sit around
BUSY, BUSY, BUSY
• Verbal & print
• Use titles & acknowledgment
LIKES RECOGNITION
• Stays focused & on track • Great for events • May get discouraged by others’ lack of support
ORGANIZER
• Lots of ideas for improvement
• Pair with an Organizer to keep things moving
CREATIVE
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NEXT STEPS
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NEXT ACCELERATE EDUCATION
Alternatives to Starting a Nonprofit Corporation (panel discussion) May 27, 2014 7:30 – 9:30 a.m. Impact Hub Boulder $45 / $25 Check Impact Hub Boulder website!
Working Your Nonprofit Plans June 10, 2014 7:30 – 9:30 a.m. Impact Hub Boulder $45 / $25 Check Impact Hub Boulder website!
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Emily Davis, MNM Emily Davis Consulting
(720) 515-0581 [email protected]
emilydavisconsulting.com emilydavisconsulting.com/blog