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Advisory Boards: Engaging Donors & Developing Leaders


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Chief Development Officers and their staff face increased competition for a donor’s time and dollars. At the same time the demands placed on the executive director’s time prevent them from developing the leadership skills of their direct reports. Donors are more inclined to give if they have more engagement with the organization. This workshop will inform participants about how in these cost-constrained times an advisory board comprised of thoughtfully selected donors can help them better engage with those donors while developing the current and future organizational leadership.

Published in: Business, Economy & Finance
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Advisory Boards: Engaging Donors & Developing Leaders

  1. 1. Advisory Boards: Engaging Donors & Developing Leaders Susan Hammond February 22, 2012A Service Of: Sponsored by:
  2. 2. INTEGRATED PLANNING Advising nonprofits in: • Strategy • Planning (617) 969-1881 • Organizational Development info@synthesispartnership.comA Service Of: Sponsored by:
  3. 3. Affordable collaborative data management in the cloud.A Service Of: Sponsored by:
  4. 4. Today’s Speaker Susan Hammond Principal, scHammond AdvisorsAssisting with chat questions: Hosting:April Hunt, Nonprofit Webinars Sam Frank, Synthesis PartnershipA Service Of: Sponsored by:
  5. 5. Advisory Boards:Engaging Donors & Developing Leaders Agenda1. What Is an Advisory Board?2. Benefits of an Advisory Board.3. What Do Donors Want?4. Using an Advisory Board to Engage Donors.5. Steps to Creating an Advisory Board. ©2012 SCHammond
  6. 6. An Advisory Board is… A non-legal board of directors comprised of individuals (donors) the ED or staff person believes can help the organization succeed. Advisors are chosen by the ED or staff person and serve at the their pleasure. The ED or staff person can choose to follow the advisory board’s recommendations or not. ©2012 SCHammond
  7. 7. Board of Directors vs. Advisory Board Board of Advisory Directors Board Serves at “Works” for CEO/Manager’s organization pleasure Fiduciary No Liability responsibility Hires, fires & CEO can fire evaluates CEO advisors Votes Recommends ©2012 SCHammond
  8. 8. Benefits of an Advisory Board • Accountability • Sounding board • Varied perspectives • Contacts & connections • Access to expertise • Advocates in the public arena • Knowledge of funding & collaboration opportunities • Been there done that experience ©2012 SCHammond
  9. 9. What Donors Want To ensure their money is achieving what it was donated for. To ensure the organization is staying true to its mission. To ensure the organization operates using best practices. To give back. To use skills, talents, & education. ©2012 SCHammond
  10. 10. Donor & Developing Leader Relationship Organization Advisory Board Issues/Needs Donors ©2012 SCHammond
  11. 11. Ways to Engage Donors Decision-Making“Kitchen Cabinet” New Position Support New Facilities HR MistakesProduct/Service Expansion/UpdateCustomer Service Quality Control Legal Issues ©2012 SCHammond
  12. 12. Steps to Creating an Advisory Board Set Goals Meeting SWOT Logistics Analysis Select GAP Analysis Advisors Advisor Profile ©2012 SCHammond
  13. 13. Goal Questions Why are you at the organization? What do you hope to achieve? What does the organization/constituency need? What will it take to meet the needs? How would an advisory board assist you? ©2012 SCHammond
  14. 14. SWOT Analysis Strengths WeaknessesOpportunities Threats ©2012 SCHammond
  15. 15. Gap AnalysisSkills/Talents Currently Need To Be Needed Available Recruited Accounting/Audit X IT X Real Estate X Legal Organizational X Development ©2012 SCHammond
  16. 16. Advisor ProfileDescription of DepartmentWhat You Hope to Achieve Needs Statement Advisor Qualifications Board Logistics ©2012 SCHammond
  17. 17. Meeting Logistics Group or Individual Live or Virtual AM or PM Meal or Snack Conference Line Number of Meetings/Calls ©2012 SCHammond
  18. 18. Steps to Creating an Advisory Board Set Goals Meeting SWOT Logistics Analysis Select GAP Analysis Advisors Advisor Profile ©2012 SCHammond
  19. 19. Order the Book Participants can order theAdvisory Board Kit: A Comprehensive Guide to Establishing an Advisory Board. .Visit on the logo in the right column. ©2012 SCHammond
  20. 20. Schedule a CallSchedule a free 30 minute consulting call.Contact Susan at Or 781-837-1999 ©2012 SCHammond
  21. 21. Thank you! 781-837-1999 ©2012 SCHammond
  22. 22. Find listings for our current season of webinars and register at: NonprofitWebinars.comA Service Of: Sponsored by: