Looking for some inspiration and some tools to think and act anew?

November 30, 2009

Themed “Transforming Our Work: From Challenging Times to Hopeful Futures,” the Joint Conference of the Minnesota Council of Nonprofits and the Minnesota Council on Foundations, held Nov. 5 and 6 in St. Paul, featured nearly 50 breakouts, more than 100 speakers, a Nonprofit Mission and Excellence Awards presentation, a CEO/Trustee Dinner, and several plenary sessions.

Now, resources from many of these sessions are available online.

Minnesota Sen. Amy Klobuchar, unable to leave D.C. because of the health care debate, sent her keynote remarks via video. Below, she discusses how these unprecedented times for our country are a call to think and act anew – to meet the challenges head on – to examine every opportunity to bring together government, the private sector, nonprofits and communities to build a better future. She also highlights recent developments in D.C., as well as new initiatives in Minnesota. (Close-captioning for this video will be available in the coming weeks.)

Conference presentations and handouts from many of the breakouts are posted online and accessible on the conference website’s Download Center.

Despite the down economy, the 2009 Joint Conference of the Minnesota Council of Nonprofits and the Minnesota Council on Foundations drew a record 1,700 attendees. MCN and MCF partner to present a joint conference every three years.

- Chris Murakami Noonan, MCF communications associate


Media Roundup

November 25, 2009
Photo by Dan..

Ridin' the range and ropin' the headlines so you don't have to.

Your biweekly roundup of media coverage on the world of nonprofit and philanthropy (yee-ha).

Local:

Business Forum: Give Thanks and Help
(The Star Tribune) As the holiday season roles in, let’s not forget those Minnesotans in need.

Minnesotans Gave So Much, Now Givemn.org Needs Help
(Kare 11) The success of GiveMN.org’s recent “Give to the Max” day was truly unprecedented. Over 3,500 nonprofits received $13 million in donations through the GiveMN site. The sheer scale of this outpouring of generosity has sent GiveMN funders and staff scrambling to cover all transaction fees.

Northwest Area Foundation Awards $2M in Grants
(Minneapolis St. Paul Business Journal) The Northwest Area Foundation has announced over $2 million in grants awarded to 14 different organizations. The focus of NWAF’s recent grants was on organizations helping reduce poverty and promote prosperity.

Partnerships Are Key in the Economic Recovery
(Albert Lea Tribune) Tim Penny, president and CEO of the Southern Minnesota Initiative Foundation, reflects on the importance of partnerships in fulfilling SMIF’s mission to invest in the region’s future growth.

National:

Opinion: Are Metrics Blinding Our Perception?
(The New York Times) Anand Giridharadas discusses Western society’s preoccupation with metrics to the exclusion of other methods of perceiving, and speculates about the costs of using only numerically quantifiable evidence to guide our decision making about everything from what music to buy, to what charities to give to.

Clicking for a Cause
(The New York Times) Using social media as a tool for increasing engagement and giving has been created a lot of excitement and skepticism in the nonprofit and grantmaking sector. This article has a nice overview of some of the successful efforts, as well as reflections from social media big wigs like Randi Zuckerberg.

Grappling with a Wealth of Guilt
(The Washington Post) Young heirs wrestle with the advantages and responsibilities of their inheritance, and the question of how to use their wealth for the greater good.



Wow, Minnesota. You Gave to the Max, and Then Kept on Giving!

November 18, 2009

We here at MCF would like to take a moment to salute all those who participated in GiveMN’s Give to the Max Day — the donors, nonprofits, foundations, and the staff who made it possible.

The official results aren’t in yet, but according to the tracker at GiveMN.org $13 million dollars were raised for over 3,000 nonprofits in the state of Minnesota yesterday. We at MCF are fond of talking about the amazing generosity of Minnesotans to pretty much anyone who will listen, and it’s truly inspiring for us to see such an outpouring of that spirit of giving that we’re so proud to be a part of.

Give to the Max Day was made possible thanks to the generosity of The Saint Paul Foundation, The Minneapolis Foundation and the Bush Foundation who committed $500,000 in matching contributions to support community needs in Minnesota and to cover transaction fees so that 100% of all donations go to the nonprofit organizations. For information on the results of Give to the Max Day, stay tuned to GiveMN.org.


Charting a Course From the Boardroom Table

November 16, 2009

At kitchen tables across America, we’re mulling over what the current economic situation means for each of us. Jobs, bills, education, loans, investments, travel, holiday shopping, donations.

With the exception of holiday shopping and perhaps travel, similar conversations are happening around foundation boardroom tables as well.

Decisions to shift funding guidelines, focus areas, investment practices, grant timelines, grant payouts, internal staffing and organizational short- and long-term priorities – the list goes on – are not made lightly or quickly. And for many board members and trustees, this is the first time they’ve encountered such significant and perhaps drastic discussions.

These conversations and decisions by foundation leaders are critical and necessary. MCF’s Effective Governance Principle calls for its members to share a commitment to excellence and achieve effective governance by ensuring performance in the areas of stewardship of assets, donor intent, fiduciary responsibility and sound decision-making.

Join the conversation: What types of effective governance decisions has your organization made during these challenging times? What shifts and changes in how your organizations does its work have resulted from discussions by your board or executive leadership in response to the economic stresses we’re facing?

Here is one example: Marina Munoz Lyon, vice president of the Carl and Eloise Pohlad Family Foundation, recalls going to the offices of Pohlad family members to discuss how the foundation could step up to support communities in need.  The foundation, winner of the 2009 Minnesota Nonprofit Award for Responsive Philanthropy, established a $20 million Economic Crisis Initiative last spring.

In the video below, which was shown at the awards presentation at the Minnesota Council of Nonprofits and Minnesota Council on Foundations Joint Conference Nov. 5-6, Jim Pohlad, Pohlad Foundation board member, says, “We took a big chunk of principle and decided that it’s more important to spend it now.”

- Chris Murakami Noonan, MCF communications associate


In the Media

November 12, 2009
Photo by Dan..

Ridin' the range and ropin' the headlines so you don't have to.

Your biweekly roundup of media coverage on the world of nonprofit and philanthropy (yee-ha).

Local

Minnesota Charities Spreading the Word
(Star Tribune) In a tight economy, many foundations have found that public advocacy is as critical as the services they provide.

Minnesota Companies Team Up to Fight Hunger
(KARE 11) Some of the biggest Minnesota companies teamed up recenlty night to fight hunger in the Twin Cities. Cargill, General Mills and Land O’ Lakes — along with Greater Twin Cities United Way and the Twin Cities Hunger Initiative — joined forces for a forum called: Hunger is Solvable: Be Part of the Solution.

Viking Spends His Down Time Lifting Others Up
(The Star Tribune) Madieu Williams quietly makes his mark and redefines the notion of giving 100 percent with a $2 million gift to his alma mater for health care research.

Opinion: Street-Level Help for Big Projects
(Twin Cities Pioneer Press) The editors at Twin Cities Pioneer Press salute two new private foundation efforts–The Central Corridor Funders Collaborative and GiveMN.

Problem: Hunger; Recipe: Big Box Retailers
(Star Tribune) Working with the efficiencies of a Fortune 500 company, Second Harvest is getting record-breaking amounts of food to hungry people.

Moroccan Woman Devoted to Helping Unwed Moms Wins $1 Million Opus Prize
(Twin Cities Pioneer Press) 2009 Opus Prize winner Aïcha Ech Channa founded the Association Solidarité Féminine in 1985 in Casablanca, Morocco. The organization now runs three day care centers and training schools, two restaurants, four kiosks and a fitness center/spa to aid unwed mothers and their children.

National

Finding the Silk Purse
(The Wall Street Journal) Many nonprofit organizations have been in survival mode since the economy went sour and donations began shrinking. But some are doing more than just getting by—they’re finding ways to take advantage of the situation.

As Foundations Close, Anxiety for Charities
(The New York Times) Foundations that increase grants to spend down their endowment and then close are proving to be a boon to charities in the short run, but the trend is also causing anxiety among the charities about their future fund-raising.

Outreach in the Age of Pullback
(The New York Times) The Social Innovation Fund has attracted a lot of praise, and also criticism as well. The Fund is poised to start giving out money this summer. Will the government’s plans to take successful nonprofit models to scale be effective?

Same-Sex Couples Make a Statement Through Arts Philanthropy
(The Boston Globe) May lesbian and gay couples are now taking a stand and asking nonprofits to recognize them as partners in their communications.

Opinion: What’s Wrong With Charitable Giving—and How to Fix It
(The Wall Street Journal) Pablo Eisenberg gives a nine point recommendation on how to change giving for the better during the economic downturn.


Are you ready to take it to the “Max”? GiveMN Max Day is Nov. 17!

November 11, 2009

Attention Minnesota nonprofits, this is a reminder that the GiveMN Give to the Max Day begins November 17 starting at 8 am and goes until 8 am on November 18! Don’t miss out on this opportunity to gain a portion of matching funds for every donation made to your nonprofit using the GiveMN service that day.

Bush Foundation, The Minneapolis Foundation and The Saint Paul Foundation are sponsoring Give to the Max Day and are offering multiple incentives for donors to participate:

  • Transaction costs for gifts made on Give to the Max Day will be covered, so 100 percent of gifts will go straight to nonprofits.
  • Every donation made on Give to the Max Day will receive a portion of a $500,000 match. The exact amount matched per dollar donated will be determined after Give to the Max Day concludes, and the $500,000 in matching funds will be divided by the total donation amount raised over the 24-hour period.
  • Grants will be awarded to the three nonprofits that have the largest number of individuals who make donations during Give to the Max Day.

To help you promote this special opportunity, the staff at GiveMN has put together a user-friendly Tool Kit specifically about Give to the Max Day. You can find the Tool Kit at the GiveMN website.

Not signed up yet? Get started here. Are you a funder? Consider sending out a dedicated message regarding the GiveMN giving service to your grantees. All the info you need can be found at GiveMN.org.


Working Capital Haiku?

November 11, 2009

Have you ever thought there might be a haiku about working capital?  That thought had certainly never crossed my mind until I attended the session on “Change Agents: Getting to Sustainability” at the MCN/MCF Joint Annual Conference last week.

The presenters, Janet Ogden-Brackett and Michael Anderson of the Nonprofits Assistance Fund, gave a truly humorous, yet quite informative presentation on understanding financial statements and the use of ratios in identifying areas of concern.

They gave a good, basic overview of income statements, balance sheets, and cashflow projections, followed by a review of a number of financial ratios, including days of cash on hand, working capital ratio, and debt-to-equity ratio.

And then there were the haiku!  In case you are not familiar with haiku, haiku is a Japanese form of poetry that includes just 17 syllables (5 in the first line, 7 in the second line, and 5 in the third line).  Also haiku often include a reference to nature.

Here are a few of examples that Janet and Michael shared with us:

Working Capital Haiku
All assets are fixed
Feel as liquid as pavement
Alas, cash is king.

Beautiful buildings
Don’t always sow future’s seeds
Or help make payroll.

Balance Sheet Haiku
Humble balance sheet –
Force proud income statement to
Tell the truth mostly.

Maybe this will inspire you to write some haiku about financial statements…or even about the Joint Conference.

If so, please share them by commenting on this entry!

- Cindy Moeller, MCF director, professional development and member services


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