Best Practices for Nonprofit Sustainability – Part 2
While there is no single definition of best practices for nonprofits, there are proven standards and practices that foster sustainability and effectively guide staff and board. Following are additional recognized best practices that supplement our existing checklist. Understanding their significance and implementing them, creates a checklist that should move your organization to sustainability.
Stop living month to month; devise a long-term sustainability plan
Create a reserve fund policy and build that reserve—sooner rather than later
Be sure every position for both Read more
Best Practices for Nonprofit Sustainability – Part 1
Laura Otten’s Favorite Best Practices for Sustainable Nonprofits
For Boards:
The more you design your on-boarding process to reflect what you do in your staff hiring process, the more successful you will be in bringing on the “right” board members.
Use your committee structure as your farm system: require that anyone interested in being considered for a position on the board must serve a year on a committee. It is like putting the probation before the hire.
Before electing the board president/chair, determine what is needed in that position Read more
