Strategic Alliances Seminar Welcome

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The Innovation Fund provides financial and technical support to strengthen nonprofit service delivery through sharing best practices, collaborative efforts, and mergers. It uses a three-pronged approach including informational workshops, grantmaking, and technical assistance provider training to achieve this goal. The upcoming agenda for the Strategic Alliances Seminar includes a keynote speaker and workshops on starting internal conversations, finding partners, creative collaborations, and real stories from restructuring.

Innovation Fund Strategic Alliances Seminar August 30, 2011

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The Forbes Funds launched its first volume of the Soundings Report – a flash report that provides timely information, measures the “pulse” of the nonprofit sector, and provides quick and efficient data points to tell the story of a particular issue. This first issue looks at the Wage and Compensation of the Nonprofit Sector. In this study, we sought to answer a few questions: 1) are nonprofits contributing to the issue of escalating poverty by providing low wages with limited benefits; 2) are nonprofit employees able to retire with the type of wages and benefits they are receiving; and 3) are nonprofits still able to provide competitive compensation packages given the escalating cost of health care. Of the human services and community development organizations surveyed in this report, we found that over 50% of their employees are paid at or below 300% of the poverty level. On the positive note, 76% of agencies provide retirement benefits and 88% provide health coverage of some sort. What does this mean for your workplace and for the nonprofit community?

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This is a deck two founders of Brandfolder used to pitch 401(k)Foster, later re-branded as Portfolio Foster, at Denver Startup Weekend in June 2011 (where they first met). It was a great team to work on this concept over 48 hours, but as happens to many projects, this one fell into the background as we all returned to our real jobs. American workers neglect one of their most valuable assets, their retirement savings, so the idea may resurrect itself in the future.

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