Related Posts
Subscribe to Our Blog
Subscribe to receive email notifications every time we publish new insights, news, and thought leadership to our blog.
To be successful, large nonprofit organizations often have to overcome some extreme challenges to stay on the right track toward achieving their mission and goals. Currently, there are 1.4 million tax-exempt organizations in the United States alone so there is no shortage of nonprofits competing to find resources, financial assistance, and talent.
The challenge becomes even more difficult because a large nonprofit (and small) is expected to make all of its strategic decisions with its organizational mission in mind. The good news is a nonprofit’s mission can help guide the organization toward making the right decisions and overcoming obstacles. Large nonprofits deal with many challenges daily to stay on track. These challenges include sustainability, retaining and engaging donors, finding the right volunteers, and organizing their internal and external processes. Today we will discuss these issues and tips to overcome them in more detail.
Sustainability is crucial to the long-term success of a large nonprofit. Large nonprofit organizations often have a recognizable brand and a reputation to uphold. Creating a strategic plan with sustainability as the foundation begins in conjunction with an organization's mission and vision. Here are a few additional tips a large nonprofit should consider when creating a plan around sustainability:
Another challenge that large nonprofit organizations often face is their ability to retain and engage donors. Did you know that 373.25 billion dollars were donated to charitable causes in 2015? Large nonprofit organizations are tasked with the responsibility of creating new donor conversions, engaging their donor pool, and retaining valuable relationships.
The average donor retention rate for offline-only donors is 29% and online-only donors average a 21% retention rate. Raising these averages by just a few percentage points can mean more reach for a large nonprofit organization. So how can a nonprofit retain and engage donors? Here are a few strategic tips:
Identifying and recruiting the right volunteers for the right strategic jobs can save a large nonprofit a lot of money. The average volunteer hour has been valued at over $24.00 (2016 data) according to an Independent Sector study. For large nonprofit organizations that use a lot of volunteers the value of volunteerism can add up very quickly. Volunteers also provide nonprofits with valuable skill sets that can enhance an organization's ability across departments. Finding the right volunteers for a particular function can be challenging but here are a few tips to make the process a little easier:
Putting processes in place is one of the most important steps that a large nonprofit can take to ensure consistency and control across the organization. Nonprofits should have a process in place for every aspect of the organization including but not limited to fundraising, volunteer coordination, training, strategic engagement, and retention strategies. Organizations that want to develop a roadmap to success need to invest time in strategic planning. Here are a few additional reasons why business processes are important in the nonprofit industry:
Large nonprofit organizations are in a constant battle to identify new funding opportunities, find talented volunteers, encourage engagement, be sustainable, and improve both internal and external processes. Taking the time to think strategically, putting processes on paper, and partnering with other organizations that can push a nonprofit forward are all great ways to overcome challenges.
Subscribe to receive email notifications every time we publish new insights, news, and thought leadership to our blog.