Diane Manuel, CFP, a friend of Starfish Impact’s and Financial Advisor at Urban Wealth Management shares the following guest post about sustainable and responsible investing. Nonprofits and foundations have been central to how we’ve grown and changed as a country. Their goals can include providing services, preserving history, and advocating for political changes. But, what…
DetailsYou’ve been asked to sit on a Board by a colleague or peer recently, or you may already sit on a few Boards already. Have you felt like all you’ve been asked for is to donate more money or has the experience seemed less fulfilling than you’ve expected? Generally, this can be solved, or avoided…
DetailsWe have worked with nonprofit Boards from the nonprofit management side, and from the Board member side, and one of the most often overlooked element of volunteer leadership is the Board orientation and training! Nonprofits seem to expect that because a Board member joins their organization, they will know all they need to about the…
DetailsNonprofits are always vying for the attention of donors, particularly major donors, which is predominantly why donor recognition is a particularly saturated area. Standing out is a sure way to get noticed. Our favorite ways to recognize a donor and create a differentiated donor recognition program include one of two components – they’re either personalized…
DetailsFundraising ratio, program ratio, percentage of every dollar spent on mission. You’ve heard them all tossed around during this time of ‘impactful philanthropy’ where we want to measure and evaluate all nonprofit numbers and determine who is doing the best job. But what do they mean? And do they matter? A fundraising efficiency ratio, often…
DetailsMany nonprofits often believe there’s an uptick in charitable giving around tax season: individuals do their taxes, realize that they didn’t make as many charitable donations as would be beneficial to their taxes, and remedy that for the following year. But study after study show, that tax reasons are not why donors give. Here are…
DetailsRaising children who will one day inherit wealth has long been a topic for many books, as is how to make those same children conscious of their privilege to help others. But raising philanthropic children is not something that’s limited to the ultra wealthy – we all want to raise children who are benevolent. Here are…
DetailsStarfish Impact has a robust due diligence rubric that we use to help advise our clients on identifying well run charities, however this research process is extensive, and better suited for individuals or organizations that are planning to make significant investments in nonprofits. But that doesn’t mean we can’t all be informed philanthropists. There are…
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