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Five Nonprofit Finance Must-Do’s in the Time of COVID-19

Five Nonprofit Finance Must-Do’s in the Time of COVID-19

Please, nonprofit friends:  As you’re striving to support the physical, economic, and social health of our communities, don’t forget to think about the health of your own organizations.

We know that our nonprofit partners are moving at 100mph to address myriad needs that have arisen during the current pandemic.  Please, nonprofit friends:  As you’re striving to support the physical, economic, and social health of our communities, don’t forget to think about the health of your own organizations.  The last recession taught us that agencies that carefully considered and planned for the sustainability of their finances and their missions were the ones emerged the strongest from the tough times.

Yes, we know you’re swamped.  But now is the time to think realistically about how your agency can move forward–which programs are most mission-critical, what resources you have or can get to support them, and how to communicate with all your constituents to address your needs and theirs.

Have a look at this article from the Nonprofit Quarterly–it lays out five steps you can take to prepare your organization to ride out the storm and keep fighting the good fight.  Trust us–it is worth your time.  Thanks.

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