The nonprofit sector now encompasses 1.5 million organizations, from universities to Hospitals to environmental groups. Human service organizations alone account for nearly one-third of public charities. With so much choice, donors tend to consider two questions as they decide where to invest philanthropic dollars: the donor’s philanthropic goals and the nonprofit’s effectiveness, which is the degree to which a potential grantee delivers results over time. What makes an effective nonprofit? To a significant extent, a nonprofit’s effectiveness depends on your goals as a donor. For you, effectiveness will mean delivering results on issues you deem important. Keep in mind: Effective nonprofits—and those having the potential to be effective—are often underfinanced and stretched to their limits. Many worthy nonprofits suffer cash flow problems; poorly developed finance, management, and fundraising systems; and inadequate training of board and staff in essential skills. If you are open to strengthening those organizations aligned with your goals, then huge opportunities emerge for you as a donor.
Posted on: Mon, 24 Jun 2013 08:27:19 +0000
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