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Nonprofit Leadership: Navigating Uncertain Waters In 2021
By Dr. Robin R. Ganzert
01/17/21 AT 4:57 PM
KEY POINTS
Even in the best of times, when donations come more readily, nonprofits still struggle to keep the doors open.
When organizing around a mission, nonprofit leaders must ensure their programs are fully funded and fundable. 
Three in four nonprofits do not have enough cash on hand to cover more than six months of operation.
Leaders everywhere are struggling to cope with, and plan for, the ongoing effects of the novel coronavirus. This is especially evident in the nonprofit community where 50% are experiencing reduced philanthropic revenue and donations, according to a recently conducted Nonprofit Finance Fund survey. Even more are anticipating larger budget shortfalls as the reverberations of COVID-19 are fully realized. For far too many leaders in the nonprofit space, there is a very real fear of capsizing. ....

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