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3 Roles of the Nonprofit CFO that Lead to Mission Success

sgEngage

The role of the nonprofit CFO has undergone a profound evolution. This transformation is not only a response to external pressures but also a proactive adaptation to the evolving demands of the sector, where financial stewardship is intricately linked with organizational strategy and social impact.

Roles 57
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From Data Deluge to Impactful Decisions: Mastering Data in Grantmaking

sgEngage

Applications, proposals, progress reports, impact metrics – the data collected throughout the grantmaking lifecycle is vast and ever-growing. While this data holds immense potential to improve decision-making and maximize impact, harnessing its power can be a challenge. Grantmakers are swimming in a sea of information.

Data 71
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Investing in capacity building: The vital role of general operating support for BIPOC-led nonprofits

Candid

Foundation for Women’s report, Pocket Change: How Women and Girls of Color Do More with Less , as of 2017, the median foundation grant awarded to “organizations by and for women and girls of color” was $15,000. Women of color comprised 20.3% of the United States population in 2021, an increase from 18.4% According to the Ms.

Roles 52
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Classy Welcomes Ford Foundation COO Depelsha McGruder to Its Board of Directors

Classy

McGruder, the Ford Foundation’s Chief Operating Officer and Treasurer, oversees Ford’s global operations and finances for its offices in New York, Africa, Asia, and Latin America. The Vision to Supporting Impact at Scale . For me, serving on the board of Classy is an opportunity to have impact at scale,” says McGruder. “I

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Grantmaking: What’s Participation Got to Do with It?

sgEngage

People impacted by the grants typically have no say in who gets the funding, for what, how much, and for how long. In recent years, that model is being challenged. What matters most in this model are values–and one in particular: equity. published by the Ford Foundation. Those at the top decide. But what is it?

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Build a Successful Team, Know Where Your People Thrive

.orgSource

In her previous role, Sue had limited interaction with other teams in the organization. You can have the best governance model, but with the wrong people on the team, you won’t be successful.” The Myers-Briggs Foundation offers this perspective on the process. I’m not going to try to explain them here.

Team 221
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Be the Voice of Relevance—Make Mission, Vision, and Values Fit the Moment

.orgSource

Groups spend hours crafting these statements; so, we think of them as foundational. One goal was to identify how the pandemic impacted their business models. Although 73% of participants agreed that accelerating trends would require fundamental changes in the roles of associations. The response surprised me.

Voice 221