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How to Make Your Nonprofit Recession-Proof: Perfect Your Operating Reserves Policy

Blue Fox

First off: do you have an operating reserves policy? If so, when is the last time your leadership team reviewed the policy? If it’s been a while read on as we guide you through the process of building an operating reserves policy, and the implementation and ongoing oversight of that policy. A starting point.

Policy 78
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Thought Leaders Blaze Trails of Discovery and Engagement

.orgSource

The term was coined in 1994 by Joel Kurtzman , who was the founding editor-in-chief of Strategy+Business magazine and editor of the Harvard Business Review. Review expense policies, conflict of interest, or any other relevant policies or ethical issues. Thought leadership is an old idea that has been made new again.

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Where do foundations stand on AI-generated grant proposals?

Candid

Others emphasized that applications are only a part of the grant process and they seek out direct knowledge of grantees’ work before approving grants: “We currently don’t have a policy in regards to AI-generated proposals. A convenience sample of 527 foundations responded, a 24% response rate. foundations.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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Move DEI Beyond Words

.orgSource

Revelio Labs’ 2023 report on the state of DEI and the impact of last year’s layoffs, found that DEI-focused roles “experienced a nearly 40% churn rate at companies engaged in layoffs, as compared to about 24% for non-DEI roles.” Review our hiring and onboarding policies to ensure that they are equitable and fair for all applicants.

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Measuring Training Effectiveness with LMS Analytics

Gyrus

Measurable training metrics may include completion rates, engagement rates, course evaluations, and assessment scores. Key Metrics to Measure Training Effectiveness Activity pass/fail rates : Examining pass/fail rates for activities can be helpful for understanding the difficulty of a learning activity.

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Helpful Ways to Measure and Optimize Your Nonprofit’s Performance

sgEngage

Some examples: Employee retention rate Absenteeism rate Employee satisfaction, quantified on a questionnaire or survey Free Guide Development Plan Toolkit Download Now Utilizing Effective Data Tools Many nonprofits started out as a grassroots group with a dream and some bootstraps. Outcomes : The effect of an activity on your mission.

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