Today's Featured Blog Posts
Managing Young Fundraisers
"Rapid turnover of young workers is a troubling fact and it is just as pervasive in the fundraising industry as it is in any other occupation. In research studies conducted by my firm with 1,500 professional fundraisers, respondents under the age of 30 stayed a mere sixteen months in their most recent position. By their own admission, these same young development staff felt they needed ten to twelve months of orientation, training and close supervision before feeling confident enough to manage their responsibilities independently. This means that not-for-profit employers are getting only four to six months of fully productive time from young fundraisers before they leave - not very attractive by any investment/return measure." Click here to read the full post.
25 Ways to Market Endowment Gifts for Your Charity
"There's a long-held axiom that says 'any nonprofit organization should strive to have an endowment in place that's at least three times the amount of its yearly operations budget.' So if your general operations budget is $1 million, you minimally need an endowment of $3 million. And with interest rates being as low as they are at this time, a $3 million endowment doesn't go all that far in providing yearly assistance to support general operations." Click here to read the full post.