By Alice Korngold
Leveraging reliable Will exhibits how nonprofit enterprises can entry the extreme assets of companies, and the way for-profits can take advantage of partnering with nonprofits. Written by way of Alice KorngoldвЂ”an specialist in matching company execs with nonprofit organizationsвЂ”this vital source in actual fact demonstrates how nonprofits can achieve necessary event, services, relationships, and investment that might raise and strengthen their firms whereas companies can construct more suitable relationships with the group and improve the subsequent new release of leaders. choked with illustrative examples and real-life good fortune tales, Leveraging stable Will is an insiderвЂ™s advisor to what it takes for nonprofits to rework their organisations via partnerships with companies. step-by-step, the publication outlines the right way to create a great plan in response to proven-in-practice strategies.
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Additional info for Leveraging Good Will: Strengthening Nonprofits by Engaging Businesses
Many of the ‘growing pains’ experienced by social entrepreneurs mirror those experienced by entrepreneurs in the for-profit sector. Many of the learnings are applicable across both groups” (interview, January 24, 2005). Leveraging Good Will Given the interest of volunteers in providing meaningful and productive volunteer service, this is the time for nonprofits to leverage good will. A lever is a tool to convert an input of a small amount of force or energy into a far greater output. By engaging a single volunteer who can contribute just the right expertise to a nonprofit, an organization can leverage the small input to make stunning changes that improve its ability to thrive.
In this regard communitywide matchmakers can be used to advantage. Matchmaking services can be based at nonprofit resource centers, volunteer centers, and other nonprofit organizations that are established for the purpose of involving volunteers and strengthening nonprofits. Community foundations and private philanthropies can elevate the nonprofit sector by investing in good matching services. ) Understanding Why Businesses Get Involved Although each business has its own objectives for involvement, generally the six key motivating forces discussed below drive corporate community involvement.
Within four months, this new board member led the organization in merging into a larger nonprofit and establishing long-term funding support for the programs from four local foundations. This board member was not a wealthy individual with a big bankroll; instead, he offered business acumen and a commitment to ensuring the viability of vital community services. His work over the critical four-month period took about fifty hours. That is leverage. qxd 4/14/05 12 10:43 AM Page 12 L EVERAGING G OOD W ILL The case of a partner at a national consulting firm provides another example of leverage.
Leveraging Good Will: Strengthening Nonprofits by Engaging Businesses by Alice Korngold