By Courtney Geiss
Want to build your own financial management capacity – and that of your grantees?
Check out the (free!) tools, how-to’s and guides for grantmakers and nonprofit leaders available at the newly-released site StrongNonprofits.org.
StrongNonprofits.org is a capacity building resource developed in partnership by The Wallace Foundation, a national philanthropy that supports education and enrichment for disadvantaged children, and Fiscal Management Associates (FMA), a national consulting firm dedicated to building nonprofit fiscal strength.
Just some of the tools you’ll find at StrongNonprofits.org include:
Nancy will share the history and outcomes to date of the capacity building initiative - Strengthening Financial Management (SFM)- that inspired the creation of StrongNonprofits.org. She’ll describe how The Wallace Foundation helped to improve the financial management skills of 26 Chicago-based out of school time providers through training, one-on-one consulting and other assistance provided by Fiscal Management Associates (FMA). And she’ll offer insights into how you can help improve your own, and your grantees’, fiscal strength too.
To learn more and register for this special funder-only orientation webinar, click here. We hope to see you there!
LearnPhilanthropy's Content Partner the Center for Effective Philanthropy has released a new report entitled, "Employee Empowerment: The Key to Foundation Staff Satisfaction." The report analyzes data from the 31 mostly US-based foundations that commissioned CEP Staff Perception Reports between 2007 and 2011.
As CEP's Ellie Buteau notes in her recent blog (the first in a series on this theme):
"We wanted to understand how satisfied foundation employees are with their jobs and what best predicts how satisfied they are.... Our research indicates that the strongest predictor of how satisfied foundation staff are with their jobs is not what they are paid or how they see their workload: it’s how empowered they feel."
What skills do great grantmakers need? Check out this article from the National Committee for Responsive Philanthropy's fall 2012 issue of Responsive Philanthropy, Specialist or Generalist: A False Dichotomy.
".... We believe that the multifaceted skills of a generalist are neither soft, nor easily attained. Furthermore, thoughtful grantmaking requires us to address struggles and limitations that specialists and generalists (as well as those who fall somewhere on the middle of the continuum) have with their skill sets. Upon doing so, we realize that the struggles of specialists may be more difficult to overcome than some might expect, while the underrepresentation of generalists is at the root of some growing problems in our sector."
What do you think: are you a specialist, or a generalist, or.....?