The Pulse of Fundraising – March 2020

Pulse of Fundraising
This is certainly a time filled with concern and uncertainty regarding the impact of COVID-19 on so many aspects of our lives and those who we serve. Below are two articles on how your organization can weather the storm:

Person on the subway wearing a medical maskCoronavirus Impacting Your Nonprofit? Here’s What to Do

COVID-19 has a serious side effect for nonprofits—total wreckage of the spring events season.

Many organizations have either canceled or are in planning mode to ensure that they maximize all fundraising possible with their special event. If you are considering cancellation of your event, this article incliudes a few ideas that can help your fundraising stay on track.

 

Coronavirus And Your 2020 Fundraising Goals:
What Nonprofits Need To Know
Drawing of many people wearing medical masks

The grocery store shelves are emptying. Your child is watching hand-washing videos at school. Your work conferences for March are all being cancelled. Oh… and you have $500,000 to raise by the end of the year. No big deal.

In a recent article on Inside Philanthropy, Author David Callahan predicted the 2020s to be a difficult fundraising decade for nonprofits. This prediction came out in January of 2020, before the coronavirus hit the United States. Now, a third of the consultants surveyed by the Chronicle on Philanthropy last week stated that they are advising their nonprofit clients “to prepare for financial impact from a coronavirus pandemic.” All insights point to an unpredictable fundraising year.

Are you new to working from home? With many of our organizations closed to nonessential staff members, we find ourselves contending with a blurring of lines between personal and professional time. Here’s a useful article to help you find some balance:

Person sitting on the floor with a laptopHow to Stay Focused When You’re Working from Home

No commute. No drive-by meetings. No dress code. Remote working can seem like a dream — until personal obligations get in the way. These distractions are easy to ignore in an office, but at home it can be difficult to draw the line between personal and professional time.

 

While the effects of COVID-19 are at the top of everyone’s mind, we also celebrated International Women’s Day on March 8th. Here are two articles that examine the rise of women in philanthropy and what we can do to increase the ranks.

People sitting at a table on their computersThe Rise of Women in Philanthropy

Look around you today: It’s becoming increasingly more common to see women hold leadership roles at nonprofit organizations, proving that women play a central role and are becoming more dominant in today’s nonprofit landscape. But it hasn’t always been this way. Breaking the barriers and challenging a male-dominated world has always been an uphill battle, but research supports that the fight for equality is now going in the right direction (albeit slowly).

 

How To Get More Black Women In Philanthropy Leadership People sitting at a table on their computers

The median wealth of a single black woman in the U.S. is $200, compared with the median wealth of a single white man, which is $28,900, because of factors such as higher levels of debt and lower incomes. Getting more black women at the decision-making table of philanthropy is one of the ways to ensure that more philanthropic dollars and economic dollars reach the black community, especially black women.

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