Research and recommendations for effective, day-to-day nonprofit practice from ASU faculty, staff, students, and the nonprofit and philanthropic community.
We've all heard the phrase "wearing multiple hats." For many nonprofit organizations and associations, this is not only a skill that's desirable from potential and current employees, but is sometimes mandatory when resources and/or staff are otherwise limited. But, when organizations are faced with limited resources and staff, how do they adjust while still serving their mission successfully? Introducing: the Association Management Company (AMC).
What are Association Management Companies?
AMCs are exactly what they sound like: companies that assist in the management duties of one or more associations. They answer the call when resources, staff, and volunteers are not enough to successfully fulfill an organization's mission. They provide a multitude of services that relieve the pressure from organizations and can sometimes provide services and resources that may not be readily available from the organization itself. In essence, the AMC model serves as a comprehensive management solution for organizations large and small, offering a myriad of services: from staffing and board member training, to strategic planning and financial management.
Benefits of Using an AMC
For these reasons, there is a wide range of benefits that organizations and associations can receive from partnering with the right AMC.
- Financial Efficiency…
In my last post, I highlighted the current status of Arizona's philanthropic sector, based on a research report released by Arizona Grantmakers Forum in January 2011. The report was based on 2008 tax data for both institutions and individuals. While the markets have rebounded somewhat since 2008 and thus individual and foundation assets have grown, it's unlikely that Arizona's relative position compared with other states has changed.
It seems clear that Arizona's philanthropic sector is underdeveloped relative to most other parts of the country. In addition, our low rankings on many social sector indicators suggest that some of the challenges we face are more severe than what other states deal with. Given the recent substantial cutbacks in state government support for many nonprofits, I believe the sector needs to get very creative about expanding revenue sources.
One area with great potential for increasing nonprofit revenues resides with greater contributions from individual donors. While the challenge of inspiring greater generosity is real, the potential positive impacts for our state's nonprofit sector are substantial. Consider for a moment what the impact might be for Arizona nonprofits if the 37% of Arizona residents who filed itemized tax returns in 2008 had been a bit more generous. If they had increased…
Read moreWelcome to Research Friday! As part of a continuing weekly series, each Friday we invite a nonprofit expert to highlight a research report or study and discuss how it can inform and improve day-to-day nonprofit practice. Today, we welcome Marissa Theisen of Arizona Grantmakers Forum to discuss findings from the 2010 Arizona Giving Report.
One never-ending concern for nonprofits is funding. Organizations must continually evaluate which programs get priority, and at times, make tough decisions as to which ones get cut. As a state-wide sector, it can help us to understand what funding looks like across Arizona. Arizona Grantmakers Forum (AGF) released a 2010 Arizona Giving Report earlier this year. It provides an overview of the size and scope of philanthropic activities in our state, based on 2008 IRS data. The findings reveal some interesting facts and raise serious questions about the funding of Arizona's nonprofit sector:
First, Arizona's institutional philanthropic sector is smaller than most states. Total foundation assets were just under $6 billion. Arizona ranked 40th among states in terms of private foundation assets per capita. Given Arizona's severe economic challenges, we don't anticipate any significant increase in the total size of our philanthropic assets over the…
Read moreA few weeks ago, we at the Center had a fiasco on our hands. What happened, you ask? We entered the wild, savage jungle of Internet Commentary.
Here at the Center, we're a calm bunch. We're extremely respectful of one another, and we get along like fuzzy critters in a Disney movie. Nothing particularly controversial happens, except when someone eats the last Reese's cup in the candy jar.
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Pictured: Travis "Sweet Tooth" Butterfield |
So, in June, when one of our blog posts sparked a heated discussion in the comments section, we were all caught off guard. The blogger, Katie Hawkes, had written this post encouraging our audience to be optimistic about volunteering. We've had a couple bloggers explore similar sentiments, too, including my fellow Lodestar staff member Laura E. Tan and Public Allies Arizona alumna…
Read moreWelcome to Research Friday! As part of a continuing weekly series, each Friday we invite a nonprofit expert from our academic faculty to highlight a research report or study and discuss how it can inform and improve day-to-day nonprofit practice.
Where do nonprofit leaders, managers, volunteers, donors, and other stakeholders go when searching for information pertinent to their roles? This is a question our faculty, staff, and student team asks frequently in our quest to meet our Center's mission to help build the capacity of the social sector for those who lead, manage, and support nonprofits.
Through informal discussions we've had with stakeholders, it seems there are a few preferred sources of information. The Chronicle of Philanthropy, Nonprofit Times, Social Innovation Review, and Nonprofit Quarterly are a few industry specific publications that are considered "go to" sources of knowledge. If you're looking for more scholarly contributions, academic journals like Nonprofit and Voluntary Sector Quarterly, Nonprofit Management and Leadership, and…
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