Three powerful foundation leaders call on their colleagues to participate in BoardSource’s study on the current state of diversity, equity, and inclusion on foundation boards. To chart a course forward, we must fully realize where we are.
Could a $1 million challenge grant be a bad idea? If your organization isn’t staffed to raise the match, or if the grant comes with too many restrictions, it could do more harm than good. Understanding your capital structure is key to making wise decisions about any major change to your balance sheet. Clara Miller explains the elements of capital structure and why this often-overlooked element of financial planning deserves greater attention.
It is not enough for nonprofit boards to help manage risk; nor should they fear it. In fact, as nonprofit governance expert David Renz explains in this classic from 2017, “The imperative here is to embrace risk leadership.”