6 leading nonprofit trends to look out for in 2022
|
|
Philanthropic researcher, educator predicts a year focused on equity, smaller donor pools, innovation, mission and new HR policies
|
|
by Shari Finnell, editor/writer, Not-for-profit News
As local nonprofit teams plan for another calendar year, the agenda most likely will include strategies for embracing change, innovation and sustainability in numerous areas, according to Amir Pasic, Eugene R. Tempel Dean of the Indiana University Lilly Family School of Philanthropy.
With the pandemic and social protests representing some of the most disruptive events in the nation’s history, nonprofits are being forced to regroup on how to carry out their mission and operations, Pasic noted. “Almost all of our lives were turned upside down in many ways,” Pasic said. “The nonprofit philanthropic sector was no exception.”
Pasic pointed out six trends that nonprofits will likely need to address as they move into a new year.
1. Integrating equity as a long-term solution. While conversations and news around racial equity may not be as intense at the height of social justice protests, it will remain at the forefront of agendas of nonprofits, Pasic said.
“When you had the kind of material, economic consequences of COVID, and then afterwards the killing of George Floyd and other black citizens, you saw the rise of racial reckoning and that becoming a global phenomenon. Equity and inclusion became major topics,” he said. “The fervor might have dissipated a bit, but I think those priorities will be there permanently for the nonprofit sector because so many of us became aware of the fact that our institutions and practices have been exclusionary.”
With the growing awareness around racial equity, Pasic added, it will have a “differential impact on nonprofits, depending on where they stand.”
2. Relying on a smaller pool of donors, mostly wealthy. Another trend that emerged during the pandemic is a shrinking pool of donors, Pasic said. “One of areas of research that has been interesting but somewhat worrisome is that giving continued to grow, but it came from a smaller number of donors,” Pasic said. “There was pretty strong evidence that donations are coming from a smaller number of wealthier people. We will be looking to determine if that trend will continue.”
|
|
5 essential estate planning documents regardless of your age, health or wealth
|
|
by Dave Voris, vice president, regional treasury management officer and Shannon Blount, vice president, senior personal trust officer, Horizon Bank
Every person, regardless of their age, health or wealth, should include five estate planning documents when setting up a financial plan. They include:
- Durable power of attorney
- Advance medical directives
- A will
- A letter of instruction
- A living trust
The last document, a living trust, is not always necessary. However, it is included here because it is a vital component of many estate plans.
1. Durable power of attorney
A durable power of attorney (DPOA) can help protect your property in the event you become physically unable or mentally incompetent to handle financial matters. If no one is ready to look after your financial affairs when you cannot, your property may be wasted, abused, or lost. A DPOA allows you to authorize someone else to act on your behalf, so he or she can do things like pay everyday expenses, collect benefits, watch over your investments, and file taxes. There are two types of DPOAs:
- An immediate DPOA, which is effective immediately (this may be appropriate, for example, if you face a serious operation or illness).
- A springing DPOA, which is not effective unless you have become incapacitated.
2. Advance medical directives
Advance medical directives let others know what medical treatment you would want, or allows someone to make medical decisions for you, in the event you cannot express your wishes yourself.
If you do not have an advance medical directive, medical care providers must prolong your life using artificial means, if necessary. With today’s technology, physicians can sustain you for days and weeks (if not months or even years).
|
|
Note: We are currently experiencing a backlog of People on the Move submissions. Please note that your promotion and hiring news may be postponed for a future edition. Thank you for your patience and understanding.
|
|
Indy Reads has hired Ruba Marshood as chief executive officer. Marshood previously was director of partnerships and community engagement at Literacy Council of Northern Virginia.
|
|
Girl Scouts of Central Indiana has promoted Christy Barlow to vice president of mission delivery. Barlow most recently served as vice president of membership.
|
|
Girl Scouts of Central Indiana has promoted Mandy Montgomery to director of council programs and camping services. Montgomery most recently served as program manager.
|
|
Girl Scouts of Central Indiana has promoted Rose Johnson to director of corporate and foundation giving. Johnson most recently served as manager of corporate and foundation relations.
|
|
Goodwill of Central & Southern Indiana has promoted Dr. Sheila Dollaske to regional director of mission and education initiatives. Dollaske was director of school development and innovation.
|
|
Goodwill of Central & Southern Indiana has promoted Laura Cope to regional director of student services and supports. Cope previously served as director of student services.
|
|
The Watercolor Society of Indiana has received a $5,000 grant through the Indy Arts and Culture Restart & Resilience Fund, supported by Lilly Endowment Inc. The grant will be used for technology to offer the community in-person and online classes on watercolor as a medium.
The Healthcare Initiatives has provided a $50,000 grant to Hope Academy, which supports teens and their families impacted by substance abuse. The grant, which is designated for the 2021-2022 school year, will help expand the academy’s recovery coaching program. Read more
The Indiana Family and Social Services Administration has announced that its Be Well Crisis Helpline has surpassed 25,000 calls — a major milestone in its efforts to provide Hoosiers with free mental health counseling.
The Glick Housing Foundation has invested $56 million to purchase seven affordable housing projects throughout the state, including two in Indianapolis. The other properties are located in Bedford, Bloomington, Lebanon, New Albany and Shelbyville. Read more
DONATIONS NEEDED: The Damien Center’s food pantry is asking for donations of soups, healthy snacks, canned meats, nutritional drinks, canned fruits and more. For more details, visit the organization’s site.
|
|
How to grow donor retention in 2022: Ask, thank, report, repeat! webinar on Dec. 7 at 1 p.m. Create your organization’s donor retention strategy. Hosted by Nonprofit Tech for Good. Cost: Free. Replay provided after event. Register
Tableau data management webinar on Dec. 15 at noon. Learn tips on data pipeline automation to ensure you always have up-to-date information at your fingertips. Hosted by Data Intelligence. Cost: Free. Register
Cybersecurity: How nonprofits protect themselves and their donors recoded webinar. Learn ways to protect your organization against ransomware attacks, PCI DSS standards, and how to keep donor information secure. Presented by Barnes Dennig. Cost: Free. Watch
|
|
Succession planning isn’t just for retirement anymore webinar on Feb. 23, 2022, at 11 a.m. How do you prepare an organization for a successful leadership transition? Understand the steps of succession planning, whether you are a nonprofit ED/CEO beginning to think about your retirement timeline or a board or staff leader who wants to be sure your organization has laid the appropriate groundwork for a successful transition. Presented by Bryan Orander with Charitable Advisors. Cost: Free. Register
|
|
ReConstruct Indy Inc. is looking for members to join its volunteer board of directors. Candidates should be interested in supporting the nonprofit’s mission of creating jobs and revitalizing neighborhoods through the salvage and reuse of building materials. For more information, email Tobie Smith Kniess at tobie.kniess@gmail.com or call (317) 797-2264.
|
|
People often are inspired to give money on Giving Tuesday, but they also want to get involved in other ways. Learn different engagement opportunities.
|
|
Has your organization experienced a high turnover rate? Now is the time to put a retention strategy in place and invest in your team.
|
|
Our sponsor marketplace serves to further connect our readers with our advertisers who are focused on serving nonprofits. To learn about each sponsor's nonprofit services, click on its logo.
|
|
|
FUND DEVELOPMENT
STRATEGIC PLANNING
|
|
|
|
|
BANKING/
ASSET MANAGEMENT
|
|
|
|
|
|
Executive
Development
Administrative/Management/Leadership
Marketing/Communications/Events
Finance
Information Technology
Programs
|
|
|
|
|
|
|
|