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Tips for Adopting a Trust-Based Philanthropy Approach

sgEngage

In fact, 800 foundations signed a pledge to adopt more trust-based practices in order to move money more quickly and with fewer restrictions. Despite its best intentions, traditional philanthropy has inhibited its grantee relationships by perpetuating structures and practices that treat grantees as supplicants rather than partners.

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AI Best Practices for Nonprofits

Media Cause

Nonprofits can leverage AI to streamline operations, optimize resource allocation, and enhance the impact of their programs. Some of these tools include: OpenAI for Nonprofits: ChatGPT can help draft grant proposals, refine data analysis, or tailor communication strategies for diverse audiences.

Practice 105
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The Unrecognized Risk of Status Quo Problem-Solving Skills for Grantmakers

sgEngage

In a sector that is so risk-averse—afraid of change, reluctant to explore new ideas, and adopt new practices—why do we rely on super risky problem-solving skills? The Funder’s Role in Risk Funders—by which I mean donors, foundations, impact investors, and government agencies that grant financial support—disincentivize risk in a few ways.

Problem 84
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How can nonprofits adopt social enterprise strategies to create sustainable revenue streams?

ASU Lodestar Center

The COVID-19 pandemic has had a significant impact on nonprofits nationwide. Experts are not sure when it will be safe to hold large gatherings again, which hinders nonprofits that rely on an events-based structure to generate donations. Illustration by Yuxin Qin. Several organizations across the U.S. Step 1: Get organized.

Stream 52
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Navigating Nonprofit Data Warehouses: A Comprehensive Guide

DNL OmniMedia

This is why data warehouses can have such a significant impact on nonprofits. Monitor program impact. Additionally, this makes it a breeze to provide past impact reports and future projections for grant proposals. Strengthen your financial reporting efforts.

Data 52
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Fundraiser Burnout? Try Automation to Boost Both Efficiency and Employee Morale

sgEngage

The impact of burnout is particularly significant for nonprofit organizations. Operate More Efficiently Gartner projects that 70% of organizations will implement structured automation by 2025. Those that have already adopted automation are seeing amazing gains in efficiency. Automation can improve accuracy and standardization.

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How do funders help established organizations develop a network mindset?

Beth's Blog: How Nonprofits Can Use Social Media

As the GEO gathering comes to a close, funders are spending their morning on the practical consideration of how adopting a network mindset will change our day to day work. Funders also considered the impact of adopting a network mindset on an organization’s brand and fundraising potential. Guest post by Adene Sacks.

Network 89