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Fast Build Friday

Fast Build Friday: Episode 43- How to Build an Effective Grant-Making Process (Part I)

What if we told you the reason you should build a process, but our actions revealed a different reason…could you build it?

You would be surprised at how many times we build core processes without knowing the “Why” or with conflicting “Why’s.”

Today’s Fast Build topic is about how to build an effective grant-making process. Nic shares the first of 3 building blocks you need to build an effective grant-making process for your organization.

The first building block is that you need to understand your organization’s values. Without understanding and articulating its values, an organization will never build a grant-making process that is effective and allows the organization’s goals and strategy to show up in the way it is awarding funding to organizations and individuals.

This is not a one-time transactional conversation. Instead, it is highly revealing and iterative. And once you define and understand your values, you can then move to the second building block. This building order is critical to creating an effective and sustainable grant-making process.

How are you building your #grantmaking process? Let us know in the comments!

You can watch Episode 43 below.

 

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Fast Build Friday: Episode 42- Transitioning from Concept to Public Charity (Part II)

How do you plan for an organization that does not exist? Have you ever done that? We do it all the time. It is partly why we specialize in creating peace of mind.

Today’s Fast Build topic is about transitioning from concept to public charity. Nic shares the second of two key considerations for transitioning to public charity status. It is the second part of a two-part series.

The second key consideration is to take the time to plan your strategy. This planning includes articulating your vision, mission, priorities, proposed activities, and other goals that you have for your organization. Trust us, the time that you take to think critically about your organization will pay off in multiples.

How do you support your concepts to transition into a public charity? Could you do it even better? Let us know in the comments!

You can watch Episode 42 below.

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Fast Build Friday: Episode 41- Transitioning from Concept to Public Charity (Part I)

Would it surprise you to know that we never just say, “Let’s do it!” when someone comes to us to form a #charity? Or that we ask programmatic and strategy questions in addition to the “legal questions” you might expect? It is not simply a “transaction” to us.

Today’s Fast Build topic is about transitioning from concept to public charity. Nic shares the first of two key considerations for transitioning to public charity status.

The first consideration, which is critical, is to determine if you should, in fact, be a charitable entity. If you skip this step and go straight to assuming you should be a #publiccharity simply because you want to have social impact, you will lose out on a lot of the vision and mission setting that is critical for building infrastructure and will likely be in an inappropriate entity, both of which will ultimately have an impact within the communities you serve.

Taking the time and having the patience to put all of this together in a meaningful way, including the type of entity you will use to do your work, is how you start building out a strong infrastructure and framework for your organization.

You can watch Episode 41 below.

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Fast Build Friday: Episode 40- Key Elements of a Service Agreement

Did you know that how you negotiate the provisions within your service agreements actually impacts the sustainability of your #nonprofit or #philanthropy?

Today’s Fast Build topic is about the key elements of a service agreement. Nic shares the top 3 considerations for nonprofits and philanthropies engaging service providers.

Paying attention to a service agreement’s payment terms, indemnification provisions, and confidentiality terms is critical. Losing sight of any one of them can ultimately impact your organization’s bottom line, flexibility, and resilience. So, it is critical to your organizational infrastructure to understand and negotiate what you are signing, particularly when it comes to these terms.

When was the last time you considered how a service agreement might impact your bottom line? Let us know in the comments!

You can watch Episode 40 below.

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Fast Build Friday: Episode 39- Infrastructure Trends to Watch in 2021 (Part II)

Given what we have seen so far, #nonprofit and #philanthropy leaders might be saying this phrase at the end of 2021: “Remember when we hosted that ‘bylaws and committee charter review’ party last year that was standing-room only?”

Today’s Fast Build Friday topic is the infrastructure trends to watch in 2021. Nic highlights the second of two 2021 trends that she wants to talk about in a bit more detail. It is the second part of a two-part series.

The second infrastructure trend that Nic thinks we should watch this year is #governance. We believe any organizations within the sector will start to critically question their governance structure and pay attention to the pipeline in place to recruit members to ensure that their boards and structure are both strong.

What are you thinking about governance in 2021? What other infrastructure trends are you seeing in 2021?

Let us know in the comments!

You can watch Episode 39 below.

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