Examining the board’s role in fundraising

As the nonprofit sector evolves, and with government funding in decline, more and more organizations are finding that a fundraising board is now a necessity. Realizing this, they then face the challenge of involving their board in fundraising, not always...

Seven sins of strategic planning

Every organization starts their strategic planning process with certain expectations and hopes of what the process will achieve. There are seven mistakes that if avoided, can dramatically improve your potential for a successful strategic planning process. 1. Believing the strategic...

What’s the benefit of a mission or vision statement?

What is a mission statement? According to Bain & Company, mission statements are one of the most frequently used management tools. Organizations spend thousands of hours and dollars developing mission statements and then more resources again on public relations to...

The program logic model: What, why and how?

Increasingly, organizations across public, private and voluntary sectors are being challenged to demonstrate the effectiveness and efficiency of their programs, and to be accountable to managers, funding agencies and taxpayers. One tool that can help organizations achieve these tasks is...

Working with virtual teams and telecommuters

The information in this article is current as of May 9, 2001. Research on workplace communication suggests that people who work more than 10 metres away from each other hardly ever communicate. That’s why big organizations function more like dozens...

Random and forensic audits: Is something wrong?

Audits are seldom a pleasant experience. Organizations are no different than most individuals in Canada — given a choice, we would rather not be audited. Nonetheless, random, compliance and forensic audits by regulators are an integral part of public accountability...

Who should be involved in the strategic planning process?

The question is not just who, but how! One the first questions that come to mind when an organization decides to develop a strategic plan are who should be involved? For many organizations it's generally the Board and senior management...

What accounting standards support ethical fundraising?

"Accountability" has become an important watchword in fundraising. The need for it has always been a legal requirement in fundraising, but what it meant and the public’s awareness of it have developed in recent years. Our next few columns will...

The argument against paying development professionals based upon the amount of funds raised

Few topics generate more heated discussion in non-profit organizations than whether development professionals (staff or consultants) should be paid a percentage of the money raised, receive commission-based compensation, or be paid a performance bonus. Perhaps because it is a practice...

The role of finance and audit committees

Often formed as a support for the volunteer treasurer and the paid accounting/finance staff, a Finance Committee usually has a key role in establishing annual budgets, and in monitoring performance against the budget periodically - monthly or quarterly - during...