Posts tagged foundations
Why Now Is Not The Time For Strategic Planning

As some of you may know, I am trying to launch a new organization - a sort of nonprofit/consultancy hybrid to help independent abortion clinics. In trying to get off the ground I keep on running into a common refrain from both funders and fiscal sponsors: “We’re in strategic planning right now so we are not taking any new applicants.”

I understand the impulse, truly I do. I love a vision & a plan. There are a lot of competing priorities right now and everyone wants to be stewarding funds and programs as best as they possibly can. We want alignment and maximization of impact and all of it. Funders want to know where their money is going and why.

But here’s the thing: there’s no time. What there is: money in reserve.

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How Financial Transparency Could Revolutionize Giving

I went to a workshop about the new accounting laws for nonprofits (I’m very fun at parties). The instructor informed us that according to the new standards, organizations are now going to have to list not only their total assets but the restrictions on those funds so that at the bottom there’s a total of what is actually left for general operating.

In his discussion of this, the instructor kept saying - this is a huge deal. You’re not going to want to do it; your Board isn’t going to want to do it. It’s going to make your finances look bad. Funders are going to panic. This is huge (and this is bad).

Which is all true. But maybe it’s about time people realized just how bad it is.

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