Profitless on Purpose

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. This week we discuss talking to donors about bequeathing contributions, a poll shows people are in favor of certain large non-profits paying taxes on endowment income, nine things non-profit startups need to know, and a conversation on program budgets.

Bequeathing Donations - https://www.councilofnonprofits.org/thought-leadership/legacy-giving-are-your-donors-waiting-be-asked-about-their-legacies

Taxing Endowments - https://www.philanthropydaily.com/71-favor-taxing-endowment-income-of-elite-universities-and-foundations/

Non-profit Startups - https://nonprofithub.org/sponsored/9-things-every-nonprofit-startup-needs-to-know/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+NonprofitHub+%28Nonprofit+Hub+Main%29

Check us out on Twitter here: https://twitter.com/ProfitlessPod

Profitless on Purpose Episode 15, June 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. The discussion this week is on how you might think about grants, using storytelling instead of statistics to raise trust for your organization, if being able to track donations would actually help bring in donors, and discussing the construction and challenges of capital campaigns.

Thinking About Grants - https://www.thenonprofittimes.com/grant/recalibrating-how-you-think-about-grants/

Storytelling - https://donorbox.org/nonprofit-blog/nonprofit-storytelling/

Tracking Donations - https://www.philanthropydaily.com/digital-dollars-and-donor-demands/

Profitless on Purpose Episode 14, June 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. This week we discuss a treasurer from Kentucky charged with embezzling $100,000 from a non-profit in Michigan, positive changes in giving from affluent donors during the pandemic, engaging with influencers to help market your organization, and a dive into the topic of capital expenditure budgets.

Embezzling - https://www.livingstondaily.com/story/news/local/2021/05/19/woman-charged-embezzling-more-than-100-000-michigan-nonprofit/5145051001/

Changes in Giving - https://www.thenonprofittimes.com/donors/study-shows-affluent-americans-changed-giving-behavior/

Influencer Marketing - https://nonprofithub.org/sponsored/5-things-you-should-know-about-influencer-marketing-the-beginners-guide/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+NonprofitHub+%28Nonprofit+Hub+Main%29

Profitless on Purpose Episode 13, June 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. Today the crew talks about a slowing of non-profit job recovery, Avi Schiffmann who had turned down millions for his pandemic survival rate calculator, how non-profits may misreport their financial performance, and discussion of operating budgets.

Non-Profit Jobs Recovering - https://www.thenonprofittimes.com/hr/nonprofit-jobs-up-but-slowed/

Avi Schiffmann - https://www.entrepreneur.com/article/350882

Misreporting Finances - https://medium.com/texas-mccombs/why-do-nonprofits-misreport-their-financial-performance-its-about-manager-pay-1448cc2e4546

Profitless on Purpose Episode 12, May 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. In this episode they're discussing the impact on charities through Biden's tax increases, identifying the proper messenger for your particular message, donors are not being influenced by celebrities, and a discussion on the importance of an annual budget for your non-profit organization.

Tax Increase - https://worldnewsera.com/news/entrepreneurs/biden-aides-quietly-say-his-tax-increases-would-help-charities/

Messengers - https://ssir.org/articles/entry/finding_the_right_messenger_for_your_message#

Celeb Influence - https://www.thenonprofittimes.com/donors/celebrities-arent-influencing-young-activists-donors/

Profitless on Purpose Episode 11, May 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. This week they discuss the use of lean accounting for non-profit organizations, creating meaningful engagement for board members, skills needed as a prospective non-profit employee, and finally considering budgets for your non-profit.

Lean Accounting - https://nonprofithub.org/featured/lean-was-made-for-nonprofits/

Board Engagement - https://insidecharity.org/2021/05/04/5-ways-to-build-meaningful-board-engagement/

Non-Profit Skills - https://nonprofithub.org/featured/6-skills-nonprofit-job-seekers-need-to-have/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+NonprofitHub+%28Nonprofit+Hub+Main%29

Profitless on Purpose Episode 10, May 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. The crew discuss how expensive a feasibility study can be for non-profits, how important trust is between grantors and grantees, bank restrictions on donor advised funds, and finally a discussion on the role of finance committees in non-profits.

Feasibility Study - https://www.philanthropydaily.com/dont-underestimate-the-value-of-a-feasibility-study/

Trust Based Philanthropy - https://cep.org/building-trust-through-grantee-feedback/

Banks and Philanthropy - https://www.philanthropydaily.com/banks-have-no-business-advising-individual-philanthropy/

Profitless on Purpose Episode 9, May 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. The crew gather to discuss how Program Related Investments (PRIs) relate to non-profit organizations, gaining trust for your organization online,how a non-profit may decide whether or not to go on a fundraising campaign, finally a discussion about Development Committees in non-profit organizations.

PRIs - https://nonprofitquarterly.org/how-pris-work-a-basic-primer-for-nonprofits/

Trust Online - https://insidecharity.org/2021/04/13/how-to-build-trust-online-as-a-nonprofit/

Fundraising Campaigns - https://www.philanthropydaily.com/campaign-feasibility-study/

Profitless on Purpose Episode 8, April 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. The crew discuss why someone may leave the non-profit sector, the challenges for non-profits which depend primarily on fundraising, seeing a non-profit donation as an investment in social change, finally a discussion on executive committees and when they may or may not be necessary.

Leaving Non-Profits - https://highlandsolutions.com/blog/how-i-left-the-nonprofit-sector-for-good-with-noregrets

Fundraising Dependence - https://www.thenonprofittimes.com/npt_articles/general-ramblings-exposed-by-and-to-a-pandemic/

Donating vs. Investing - https://www.nytimes.com/2021/04/02/your-money/impact-investing-social-change.html

Profitless on Purpose Episode 7, April 2021

The Profitless on Purpose Podcast is all about news and discussion on non-profits, hosted by Mark Palardy, Lisa Sheldon, Tammy Hess, and AJ Wheeler. The crew talk about effective policies which make strong boards, weather or not timesheets are needed as administrative flexibility grows, toxic masculinity in the work environment and what effect that has on the overall productivity of any organization, and a general discussion of departments which make up non-profits.

Strong Board Policies - https://future.aicpa.org/resources/article/strong-policies-make-for-effective-boards

Timesheets - https://www.thenonprofittimes.com/report/time-sheets-becoming-endangered-as-flexibility-reigns-supreme-small-nonprofits/

Toxic Masculinity - https://nonprofitquarterly.org/toxic-masculinity-consequences-calls-to-action-for-the-nonprofit-sector/

Profitless on Purpose Episode 6, April 2021