FundMiner's Newsletter Teaser 10.21

IN THIS ISSUE?- 8 min read

?? A New Model for Revenue Generation at Nonprofit Orgs: Article

??? Aligning with Academic Partners: Podcast

?? Industry News

?? Upcoming Events

?? Job Opportunities

Streamlining Nonprofit Success

Nonprofit organizations are under immense pressure to maintain transparency, accountability, and meet rising donor expectations. Many charities focus solely on revenue generation, often neglecting the importance of integrated fund management systems. This oversight can lead to mismanagement, inefficiencies, and a lack of compliance with donor intent.

This article explores the growing need for nonprofits to adopt advanced technology that ensures operational integrity, compliance, and transparency throughout the entire donation lifecycle. Drawing parallels from the 'Customer Success' models in other industries, it highlights how fund management technology can help charities foster trust, streamline operations, and meet modern donor demands.

Read this FundMiner article on advancing charity tech for comprehensive fund management and greater donor satisfaction.

"Aligning with Academic Partners" - FundMiner's Impact Unplugged Podcast

In our latest episode, we’re joined by Jenna Goodman, Co-founder & CEO of Generous Change, an organization dedicated to providing fundraisers and academic leaders with actionable strategies to raise more money and make a bigger impact. Jenna shares insights from her experience training over 3,000 advancement professionals and offers practical strategies for strengthening partnerships.

Episode Highlights:

• Building trusted relationships between advancement and academic leaders.
• Tools and systems for effective fund management.
• Benefits of strong collaboration for fundraising success.

Join our co-hosts,?Chelsea Lamego, and?Alejandro Stevenson-Duran, for this engaging discussion on Impact Unplugged. Available on?YouTube,?Spotify, and Apple Podcast.

TECH SOLUTIONS FOR FUND HOLDERS

FundMiner’s CEO, Chelsea Lamego, spoke at the Annual National Conference for Growing Community Foundations, alongside Kellie Burns-Franco from Paso del Norte Community Foundation.

Key insights:

• Streamlining fund management and enhancing donor engagement with technology.
• Strategies to boost efficiency without increasing staff.
• Securing board buy-in for tech initiatives.

PROTECTING DATA AND OPERATIONS DURING STAFF TURNOVER

Leadership and staff transitions in higher education often lead to lost institutional knowledge, data inconsistencies, and pressure on remaining staff. These disruptions can result in workflow inefficiencies and donor relationship challenges. To navigate frequent turnover, institutions must adopt strategies that protect data integrity and ensure continuity.?

Read this FundMiner article by Anna Schlia?on safeguarding processes and knowledge through transitions.

• Key Differences Between Current Use and Endowed Funds How do current-use funds provide immediate support, while endowed funds ensure long-term sustainability? Learn how this impacts your financial strategy.
• Guide to Establishing a Philanthropic Fund Compliance Committee A strong compliance committee is essential to maintaining ethical and legal fund management. Here's how to set one up.
• The Golden Rule: Honoring Donor Intent Donor trust is everything. Learn why honoring donor intent is crucial for building long-term relationships.
• The Art & Science of Crafting Gift Agreements. Crafting gift agreements that balance donor wishes with institutional goals is key to mutual success. Find out how to achieve that.

• Annual Conference for Growing Community Foundations October 16-18, 2024 Wichita, KS
• 2024 Association for Healthcare Philanthropy Conference November 6-8, 2024 San Diego, CA

• AASP Summit 2024 (let us know if you will be attending for an invite to a special VIP event!) November 12-15, 2024 New Orleans, LA

Looking To Advance Your Career?

Current Opportunities:

1. Director, Data Operations Oregon State University · Corvallis, OR
2. Executive Director of Advancement, Data & Technology University of Colorado · Denver, CO
3. Donor Services Coordinator? University of Colorado, Boulder · Boulder, CO
4. Senior Director of CRM Technology BWF · Remote
5. Research Analyst CASE · Washington, DC