A Terrible, Horrible, No Good, Very Bad Idea We Should Do Immediately


mae

When I’m good, I’m very good. But when I’m bad, I’m better.

Dear reader, you know me.  I like to talk. When I talk to people I get ideas.  Mostly they are other people’s ideas that I simply steal.  But I do have my pride: I only steal the best ideas.

I want to share a terrible, horrible, no good, very bad idea that I think could make a difference for the nonprofit sector, and for the vulnerable people we are committed to support: teaching nonprofit leaders to be tech innovators.

As a special bonus, read all the way to the end for a special Man About Town discount code to the TechBoost for Nonprofits conference on April 23rd!

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#OMG: Why the #NPO sector is #tech averse


I'd be lion if I said I wasn't surprised.

I’d be lion if I said I wasn’t surprised.

So I was talking to a friend of mine at a very large nonprofit organization – as in over $100 million in annual revenues.  They serve thousands of clients every year with job development, alcohol and other drug abuse treatment, affordable housing, psychological counseling and a variety of other supports.  As a result of the many contracts and grants they have to do this work, they operate in excess of 15 databases to track operations, case management, finance, etc.  They have a full time IT staff, desktops, laptops, and handheld devices out the yingyang.  So naturally I said, what are you doing with all that data? “Actually,” my friend said, “we don’t do anything with the data.”  #OMG.
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Social impact investment and the failure of imagination


Do you know what you don't know?

Do you know what you don’t know?

Domestic social impact investment is stuck.  Each year a few deals trickle through, but despite the potential and promise, impact investments in the US are rare, complex, and entirely bespoke. To be sure, there are structural challenges to growing the market in the US – just look at Tracy Palandjian’s recent SSIR article on the state of the social impact bond sector – but I can’t help feeling that we’re suffering as much from a failure of imagination as infrastructure. The problem is, few social entrepreneurs can clearly describe their impact capital needs, while few potential investors understand how to place impact capital into deals. I mean, if neither side really knows how to go about its business, how can we expect them to do business with each other?

But I have an idea…. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part VI of VI)


All that’s left of the Dodo. Luckily, CSH, NFF, Enterprise and LISC are all still around.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part III of VI)


Dodo’s do not scale well. Luckily, intermediaries do. – Image by rhombitruncated.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What If Someone Gave You $5 Million (…and then asked for it back)? – Part II


It can be hard to not feel frazzled.

As I was saying, there are plenty of people who want to give your organization money.  Seriously.  Lots of it.  There is, of course, a catch: you have to give it back.

With interest.

Understandably, this stops most nonprofit executive directors in their tracks.  It’s no mean feat to raise the prodigious amounts of grant funding needed to run one of these juggernauts as it is.  It requires stamina, persistence, a LOT of friends, and just a touch of maniacal charm.  Now, the frazzled ED asks, you want me to spend a huge amount of time raising money I have to pay back?

Well, yes. And here’s why: Continue reading

What If Someone Gave You $5 Million (…and then asked for it back)? – Part I


Money, baby!

So here’s the deal: there are wealthy people and institutions out there in the world right now who are willing to give your nonprofit a lot of money.  As a matter of fact, that number appears to be growing.  It’s getting to be such a hot topic that even stodgy Forbes is talking about it, KMPG is staking its claim in the Social Impact Bond market, and David Cameron is all up in the G8’s business.  You know that when the Harvard Business Review says that Social Impact Investing Will Be the New Venture Capital, well, it’s all over but the crying.

There’s just one problem:  the sector needs deals.  Badly.  And they really want nonprofits to take the lead on proposing and structuring those deals.  That’s right, you.

So, what if someone gave you $5 million, and then asked for it back?  What would you use it for?  How would you advance your organization’s mission?  How would you insure repayment?  Perhaps most importantly, how could you use this opportunity to grow?

Well, I have some ideas for you.   Continue reading