The Bolder Board Training - ICYMI
250+ of Austin philanthropic leaders attended last weekend’s The Bolder Board Training with Dan Pallotta. The energy that bubbled from the attendees was inspiring and over and over again, we kept hearing people say “I wish the whole board was here.”
Missed it? Here are the top 3 questions you should ask your organization.
Who are you as a possibility?
Your organization has created a mission and built a brand, budget, programs, and even locations around that. These are the things that define our organizational identity, but is it limiting us? An unwillingness to explore who we are as a possibility limits the innovative solutions that don’t surface because we’ve unknowingly put ourselves in a box.
Are you being bold?
Whatever you can do or dream you can, begin it. Boldness has genius, power, and magic in it.
- Johann Wolfgang von Goethe
What values do you foster and live by example day in and day out? Is being bold one of them? Boldness has distinct attributes that align, organize, and inspire people. How do you get your board more engaged? STOP BORING THEM TO DEATH. Bold goals will increase engagement from every stakeholder.
How big is your pie?
“What percent of my donation goes to the cause versus overhead?” Financial responsibility is a must for any organization, but we need to acknowledge that as we scale and grow, so will overhead. Imagine there was a bake sale for school books that made $1,000 and only spent $200 (20% overhead). Now imagine a small nonprofit that made $100,000 and spent $20,000 to get there to buy the same
The better question to ponder are:
As we grow and total number of overhead dollar grows, are we increasing our impact?
Are we being smart about our growth and increasing impact at a much faster rate than what we are spending on overhead to get there?
Overhead costs like fundraising and marketing are part of your cause and is what enables your organization to obtain funding, build awareness for your cause, attract volunteers, and pay the people that are pushing your organization forward. Without overhead, there’s no impact, simply because you wouldn’t exist.
What dream has your org not dared to dream?
We can’t wait to share the bold commitments that Austin’s nonprofit community declared at the event! The Notley team is excited check in with these organizations in the coming weeks and report back on their progress, challenges they’re overcoming, and share it with all of you so we can continue learning together.