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Fred and Sybil explain the benefits of hiring an intermediary. An intermediary is a staff person, consulting firm, or individual who acts as a fiduciary for donors to give away donations to worthy causes.
Intermediaries are hired or contracted by the donor to carry out their vision of a successful giving strategy and must be an expert in their area of work. Having an intermediary can be helpful in navigating red tape, ensuring nonprofit pitches align with values, and navigating red tape.
Intermediaries can also help with professionalization, tracking money, and managing finances. However, there are downsides to avoid. Sybil and Fred talk about the benefits and the downsides in this episode.
{You can hear the full episode on Monday, July 24th}
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Fred and Sybil explain the benefits of hiring an intermediary. An intermediary is a staff person, consulting firm, or individual who acts as a fiduciary for donors to give away donations to worthy causes.
Intermediaries are hired or contracted by the donor to carry out their vision of a successful giving strategy and must be an expert in their area of work. Having an intermediary can be helpful in navigating red tape, ensuring nonprofit pitches align with values, and navigating red tape.
Intermediaries can also help with professionalization, tracking money, and managing finances. However, there are downsides to avoid. Sybil and Fred talk about the benefits and the downsides in this episode.
{You can hear the full episode on Monday, July 24th}