Your ability to quickly reset your organization’s overall financial situation after COVID-19 will likely depend on attracting significant philanthropy. While all arms of your organization will make difficult sacrifices, your advancement team may be key to protecting your organization’s long-term viability, and you must work closely with leadership to assess, rethink, and reset critical staffing decisions.
We know that women organize quickly to offer support in a crisis. It’s natural to want to activate them now during the coronavirus response, but first we must pause, listen, then pace out a strategy.
Inside Philanthropy: As Fundraisers Take Stock of a Grim New Landscape, They See Different Paths Aheadby
As coronavirus cases mount, fundraising has ground to a halt at some organizations but is being transformed at others. ALG senior consultants and advisors share insights about the current landscape and how to navigate.
Our Covid-19 Resources page offers the ALG community resources for navigating this difficult time. We have provided briefings on how to embrace donors and volunteers as partners, manage and motivate remote teams, and adapt to new realities for hiring and fostering team culture. Additional resources from the philanthropy sector address fundraising, CARES Act legislation and relief efforts for nonprofits, and recommendations from public health organizations.
Women aren’t harder to fundraise from, just different, in how they prefer to give. Change your narrative and your approach to engage them more effectively.
A book club could help you engage staff, leadership, and volunteers to grow women’s philanthropy by creating structured learning, an opportunity to evaluate current practices and share new ideas, and incentive to shift behaviors and strategies.
Large gifts from donors can transform an orchestra. But how to get there? Trine Sorensen, who serves on the boards of orchestras and other nonprofit arts groups, offers an insider’s perspective on the strategies that lead to principal gifts and features best practices from ALG.
Today’s speed of change will require leaders to find new ways to navigate this pace. My recent conversations with 12 VPs uncovered a shift in how they’re thinking about our work and its rapid evolution. As you enter planning season with your advancement team, keep the following six shifts in mind.
When we’re under pressure, it is normal to revert to what we’ve done successfully before. When a woman doesn’t respond as anticipated and, in fact, asks more questions, gives less than asked or doesn’t agree to be on a board, we turn and focus on those who do respond in the way we prefer. But we risk sub-optimizing what this woman might give us after she is satisfied with her due diligence.