{"product_id":"nonprofit-finance-for-hard-times-isbn-9780470490105","title":"Nonprofit Finance for Hard Times","description":"How to make strategic plan to help your nonprofit navigate turbulent financial waters and achieve strengthened revenues\u003cbr\u003e \u003cbr\u003e   \u003cp\u003eDuring this time of upheaval and instability with the country's financial markets and economy, you might be wondering how your nonprofit can emerge stronger from this unprecedented turmoil and prepare for future economic cycles. Practical and timely, \u003ci\u003eNonprofit Finance for Hard Times: Leadership Strategies When Economies Falter\u003c\/i\u003e helps your nonproft get strategic in the weak economy.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e shows you how surviving the current economic conditions means dedicating yourself to understanding the details of the current financial crisis and identifying those Board members and other leaders who can give you deep analysis on the crisis and act as your analysts of the winners and losers in real time.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEmphasizes that the core of all strategy is engagement\u003c\/li\u003e \u003cli\u003eHelps you reassess your nonprofit's communications tools for both messages and markets\u003c\/li\u003e \u003cli\u003eAsserts that the operative need is for strategy, not panic\u003c\/li\u003e \u003cli\u003eRevisits all assumptions\u003c\/li\u003e \u003cli\u003eExplains how to sort and cull past supporters for those who will emerge from the turmoil first and strongest\u003c\/li\u003e \u003cli\u003eReveals how to identify new audiences\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eProviding the guidance your nonprofit needs-not to just hang on for the white-knuckle ride, but to plan their best strategy to survive and succeed-\u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e equips you with the tools you need to get started.\u003c\/p\u003e  List of Exhibits xi  \u003cp\u003eList of Cases and Commentary xv\u003c\/p\u003e \u003cp\u003ePreface xix\u003c\/p\u003e \u003cp\u003eAcknowledgments xxi\u003c\/p\u003e \u003cp\u003eAbout the Author xxiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Beginning at the Beginning: Public Charities on the Economic Landscape 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Present Departs from the Past 2\u003c\/p\u003e \u003cp\u003eA Complex and Poorly Documented Sector 4\u003c\/p\u003e \u003cp\u003eAn Economic Engine 7\u003c\/p\u003e \u003cp\u003eNonprofits as Masters of Their Own Fate in Economic Turmoil 8\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 Setting the Larger Stage: A Philosophy of Philanthropy 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Fundamental Question 12\u003c\/p\u003e \u003cp\u003eEngagement as Differentiator 13\u003c\/p\u003e \u003cp\u003ePassion and Leadership 14\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 Philanthropy within Financial Structures: Defining Overall Nonprofit Revenue 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSectoral Distinctions and Revenue Structure 19\u003c\/p\u003e \u003cp\u003eSize Distinctions and Revenue Structure 29\u003c\/p\u003e \u003cp\u003eSummary: The Prerequisite for Strategy Refinement in Hard Times 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Emerging Nonprofit Revenue Parameters: Accommodating Change in the Interests of Stability 35\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Definition of a \"Nonprofit\" 36\u003c\/p\u003e \u003cp\u003eGlobalization of Economies, Leadership, and Philanthropy 40\u003c\/p\u003e \u003cp\u003eTechnology: The Emergence of Social Networking 41\u003c\/p\u003e \u003cp\u003eDemographics as Destiny 45\u003c\/p\u003e \u003cp\u003eSummary 57\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Institutions Blaze New Trails: Innovations in Philanthropic Financial Support Strategies 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTraditional Foundation Giving 62\u003c\/p\u003e \u003cp\u003eNew Strategies for Supporting Societal Missions 65\u003c\/p\u003e \u003cp\u003eCause-Related Marketing 74\u003c\/p\u003e \u003cp\u003eCapitalizing on Innovation: The Prerequisite of Planning 77\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 Does the Economy Matter? The Complexity of Economic Cycles and Nonprofit Revenues 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Opportunity of Cycles 82\u003c\/p\u003e \u003cp\u003eNonprofits and Economic Change: Treating Mission as a Sail, Not an Anchor 82\u003c\/p\u003e \u003cp\u003eThe Past Record of Private Contributions and the Economy 84\u003c\/p\u003e \u003cp\u003eDisaggregating Data for Deeper Relationships 88\u003c\/p\u003e \u003cp\u003eDisaggregating to the Level of State Economies 90\u003c\/p\u003e \u003cp\u003eA Note on Government Roles 95\u003c\/p\u003e \u003cp\u003eFive Insights to Guide Strategic Directions 95\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 A Systems Approach to Revenue Strategy 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Imperative of Letting Go: Paradigmatic Shifts 104\u003c\/p\u003e \u003cp\u003eThe Shifting Basis for Strategy 107\u003c\/p\u003e \u003cp\u003eThe Context of an Analytic Framework for Strategy 109\u003c\/p\u003e \u003cp\u003eProposed Analytic Framework to Organize Strategy 114\u003c\/p\u003e \u003cp\u003ePopulating the Framework 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Common Principles for Robust Strategy 121\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Note on Mission 122\u003c\/p\u003e \u003cp\u003eStrategic Principle One: Value the People 123\u003c\/p\u003e \u003cp\u003eStrategic Principle Two: Innovate 126\u003c\/p\u003e \u003cp\u003eStrategic Principle Three: Expect and Accept Nothing Less than Excellence 129\u003c\/p\u003e \u003cp\u003eStrategic Principle Four: Passion Matters but So Do Skills 132\u003c\/p\u003e \u003cp\u003eStrategic Principle Five: Know Yourself 133\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 Getting Down to Specifics: Strategy for Complexity 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Movement within the Analytic Framework 135\u003c\/p\u003e \u003cp\u003eExpressive Philanthropy: Strategy Base = Communicating Shared Values 137\u003c\/p\u003e \u003cp\u003eRising Expectations: Strategy Base = Evidence and Interest Alignment 143\u003c\/p\u003e \u003cp\u003eQuasi-Markets: Strategy Base = Competitive Self-Reliance 151\u003c\/p\u003e \u003cp\u003ePure Markets: Strategy Base = Linking to Outside Commercial Success 157\u003c\/p\u003e \u003cp\u003eCrossing the Strategy Area Boundaries 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 Prevent Where Possible, Cure Where Necessary: Strategic Steps to Prepare for and Respond to Economic Crisis 165\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSteps to Prevent Organizational Crisis in Economic Hard Times 166\u003c\/p\u003e \u003cp\u003eSteps to Cure the Effects of Organizational Crisis in Economic Hard Times 172\u003c\/p\u003e \u003cp\u003eFinal Comments: A Call to Leadership 175\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 Reprise on Philanthropy: Why Bother? 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 Making a Difference in the World by Aligning Yourself with the Poor 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIndex 191\u003c\/p\u003e \u003cb\u003eSUSAN U. RAYMOND, Ph.D\u003c\/b\u003e., is Executive Vice President for Research, Evaluation, and Strategic Planning at Changing Our World, Inc. She has extensive experience in research, analysis, and planning, most recently with the prestigious New York Academy of Sciences. Prior to this, she was a project officer at the World Bank and a consultant to the U.S. State Department and to various private organizations, including the Carnegie Corporation, specializing in health care and international eco-nomic research. Susan serves as Chief Analyst for OnPhilanthropy.com, a global resource for nonprofit professionals. She has written for many publications, particularly in the areas of economics, health care, and corporate responsibility, and is the author of two books with Wiley.  \u003cb\u003eNonprofit Finance for Hard Times\u003c\/b\u003e  \u003cp\u003eWhen economic crisis hits, as it has with a vengeance in the 2008–2009 recessionary period, there is much concern for the health of the nation's nonprofits. But to see nonprofits as passive victims of economics is a misperception. Your nonprofit is part of the nation's economic structure and a vibrant economic participant with a wide range of revenue options and strategies.\u003c\/p\u003e \u003cp\u003eA powerful tool for your nonprofit's financial health, in both good and bad times, \u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e features authoritative coverage of:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eThe strategic steps your nonprofit needs to take to prepare for and respond to economic crisis\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePublic charities on the economic landscape\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eDefining overall nonprofit revenue\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAccommodating change in the interests of stability\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eInnovations in philanthropic financial support strategies\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe complexity of economic cycles and nonprofit revenues\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eA systems approach to revenue strategy\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCommon principles for robust strategy\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis timely and practical guide shows you how surviving difficult economic conditions means dedicating yourself to understanding the details of any financial crisis and identifying those board members and other leaders who can both give you deep analysis and act as your analysts of the winners and losers in real time.\u003c\/p\u003e \u003cp\u003eThe guidance your nonprofit needs is here—not to just hang on for the white-knuckle ride, but to plan your best strategy to survive and succeed. Get equipped with the tools you need to get started in \u003ci\u003eNonprofit Finance for Hard Times.\u003c\/i\u003e\u003c\/p\u003e  \u003cb\u003ePraise for\u003cbr\u003e Nonprofit Finance for Hard Times\u003c\/b\u003e  \u003cp\u003e\"Nonprofits provide a wide range of essential services across this nation. Economic crisis can cripple the financial health of these nonprofits just as the crisis itself is heightening the demand for their services. \u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e is a thorough yet wide-ranging analysis of the intersections between economic storms and nonprofit capacity. More importantly, it provides a unique framework for developing strategies to diversify revenue sources in ways that will increase a nonprofit's abilities to withstand the buffeting of those storms. \u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e is a must read for nonprofit managers, Boards, and the philanthropists who are invested in their success.\"\u003cbr\u003e —The Honorable and Mrs. Rudolph W. Giuliani\u003c\/p\u003e \u003cp\u003e\"\u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e challenges the nonprofit sector to seize opportunity from the jaws of economic crisis. Premised on an explicit philosophy that places community engagement at the heart of both nonprofit action and philanthropic giving, this book provides both financial strategy for nonprofit organizational growth and core concepts of leadership that will deeply embed community participation in the structure and success of nonprofits. Stronger nonprofits and more effective philanthropy need not be left to the fates. \u003ci\u003eNonprofit Finance for Hard Times\u003c\/i\u003e provides strategy and leadership to ensure that institutions that are dedicated to community well-being do not themselves fall ill in economic crisis. The data are rigorous, the analysis is astute, and the strategies can and should be part of the planning process for nonprofits and philanthropists alike.\"\u003cbr\u003e —Susan Braun, School Administrator, The Waldorf School of Garden City, Former CFO, Citigroup Investment Services\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989697446117,"sku":"NP9780470490105","price":45.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470490105.jpg?v=1761785146","url":"https:\/\/k12savings.com\/products\/nonprofit-finance-for-hard-times-isbn-9780470490105","provider":"K12savings","version":"1.0","type":"link"}