Fall 2009
Fall
Contact Us

Annemarie Riemer,
Director

Meher Shulman,
Associate Director

Amy Studwell,
Program Officer

Dick Cave,
Special Consultant

Betsy Johnson,
Nonprofit Program Associate

Shirley Beyor,
Special Assistant

10 Columbus Blvd.  8th Floor
Hartford, CT 06106
860-548-1888
Fax: 524-8346
NSP@hfpg.org
www.hfpg.org/nsp

We encourage you to use our services and resources.
 
We're here to help.
Update 
 
Fall Workshop Series Addresses
Current Economic Climate
Expressly for Executive Directors and Board Leaders

(Please share these dates with your board members now)
 
Now more than ever, nonprofits need strong boards and management, realistic and flexible plans, solid financial systems and up-to-date technology.  Organizations with a strong organizational foundation will be best positioned to survive these times.  This fall we are pleased to continue our popular workshop series for nonprofit executive directors and board leaders.  We are offering a variety of topics that we hope will help you better understand and navigate the current economic climate.  If you would like to speak to the NSP staff about other services that can help you build a stronger organization, please contact us.
 
We're sending you this workshop information so that you can plan ahead.  Please don't RSVP at this time.  Invitations will be sent to executive directors five to six weeks prior to each session.  Remember that locations and times vary.  Come join your colleagues in Greater Hartford for useful information, networking and a free breakfast!

 
NSP and Community Resources to Help Navigate the Economic Times
Thursday, September 10, 2009, 8:30 a.m. to Noon
Where can your nonprofit turn for assistance with planning, fundraising, finances, human resources, legal issues, and technology?  Come hear from the Nonprofit Support Program staff and other local organizations that specialize in assisting nonprofits with these issues.  Learn more about how the resources of NSP, the Hartford Public Library, CT Association of Nonprofits, the Pro Bono Partnership and Leaders on Board can help you weather the current economic times.
For executive directors, board members, and consultants
 

Managing Through a Financial Crisis
Wednesday, October 21, 2009, 8:30 a.m. to Noon
This session explores the financial realities of meeting your mission during an economic crisis, and is designed to help nonprofit leaders develop and use financial information to make better decisions and communicate more effectively with supporters.  Using real world examples, the workshop will explain the interplay between financial risk, revenue reliability and fixed costs, and how this information can be used to enhance planning and decision making during a recession.
Presenters:  Jessica LaBarbera, Associate Director, Northeast Region, and Renee Jacob, Advisory Services, Nonprofit Finance Fund
For executive directors, finance staff and board members


Census Data Determines Who Gets $300 Billion Annually - Are You Getting Your Share?
Friday, November 13, 2009, 8:30 a.m. to Noon
This session provides specific tips on how to navigate and correctly use the most current census data in your plans and funding applications, and will offer concrete ideas on how you can help ensure that everyone in your community (including difficult to reach populations) is counted in the 2010 census. 
Presenters:  James Palma, Jr., Partnership Specialist, Hartford Census Office, and Arthur Bakis, Information Services Specialist, Boston Regional Census Center
For executive directors and board members


Telling Your Story During a Recession
Friday, December 11, 2009, 8:30 a.m. to Noon
This session will demonstrate why tough times can be an opportunity for your organization, and how you can effectively tell your story with fewer resources.  Learn how to develop a brand that will build long-term trust and relationships with key stakeholders, understand how traditional media and social networking allow you to connect with decision makers, and learn how to use the "big four" - web site, relationships, your e-mail list and community ambassadors - to tell your story. 
Presenter:  Andrea Obston, Andrea Obston Marketing Communications, LLC
For executive directors, marketing and development staff, and board members
Other Workshops Available

For other workshops available to nonprofits in the Hartford region and statewide, visit the Connecticut Association of Nonprofit's new web site at http://ctnonprofits.org/education

The Hartford Public Library provides free workshops for nonprofits.  A listing of workshops may be accessed at http://www.hplct.org/calendar

The workshop, Building Capacity in Grants Management with Kathy Frederick, will be offered on September 22 and 23 from 10:00 a.m. to noon.  The session will cover researching grant opportunities, identifying fundable projects and developing fundable proposals.

Resources to Help You Navigate Challenging Times

The Nonprofit Support Program has compiled the following list of resources that we hope will be helpful to you as you lead your organization through these difficult times.  They may be accessed on our web site at www.hfpg.org/nsp/toughtimes.

 
Nonprofit Finance Fund (NFF) recently surveyed over 1,100 nonprofit leaders nationwide (including in the Greater Hartford region) regarding the impact of the recession on their organizations.  Learn what these leaders said about the financial state and particular challenges facing their organizations www.nonprofitfinancefund.org/content.php?autoID=166

NFF's survey of nonprofits in Greater Hartford is available at http://www.hfpg.org/NFF


Nonprofit Finance Fund has compiled a list of tips for sound financial planning, which are particularly useful in unstable times.  Their Guide to Navigating the Financial Crisis provides key questions and assessment tools for nonprofits weathering the recession.
www.nonprofitfinancefund.org/details.php?autoID=177


BoardSource's Surviving the Financial Crisis: A BoardSource Toolkit, is a downloadable resource that includes topics such as raising funds in turbulent times, setting policies that keep boards focused, budgeting and other financial controls, dashboard reporting to monitor performance, spotting red flags and other warning signs.
www.boardsource.org/Bookstore.asp?Type=ebook&Item=1089
 

Bridgespan's Managing in Tough Times Resource Center
includes articles and resources to help nonprofits.

www.bridgespan.org/LearningCenter/Default.aspx?id=2786  
 

Fieldstone Alliance
offers strategies to help nonprofits facing funding cutbacks.  Their web site provides tools and suggestions as a starting point for brainstorming strategies, and to help you organize your thinking and analyze the current approach to fulfilling your mission.

www.fieldstonealliance.org/client/focus-opportunities_in_lean_times.cfm
 

Blue Avocado Finance Fear Factor Ratios

Traditional indicators of financial health are important, but these simple ratios can help you gauge your immediate cash availability and overall financial position.
www.blueavocado.org/node/348
 

Pro Bono Partnership
(which provides pro bono legal services to nonprofits) is able to help nonprofit organizations identify and proactively address legal problems that arise as a result of the current recession.  Its Nonprofit Crisis Management Initiative includes assistance in:

  • Making lease payments or satisfying other contractual obligations
  • Fulfilling terms of government contracts
  • Reducing the size of the workforce while minimizing the chances of a law suit
  • Forming strategic alliances with other nonprofit organizations
  • Restructuring debt
  • Deciding to file for bankruptcy or to dissolve the organization
  • Understanding the board's fiduciary obligations in the current economic climate and what liability board members may incur as a result of their decisions.
Please contact Priya Morganstern  to learn more about these services at 860-541-4951 or pmorganstern@probonopartner.org. The Hartford Foundation helps support the Pro Bono Partnership.
 

Fundraising in Tough Times: How to Survive in a Challenging Economy

Stanford Social Innovation Review
www.ssireview.org/articles/entry/fundraising_in_tough_times/ 


Tried and True Fundraising Tips from Internationally Known Speaker, Author and Consultant, Kim Klein
Kim Klein created quite a buzz at NSP's annual Spring Event on May 13th.  You may view mini-interviews with Kim (3 to 5 minutes each) on our web site at http://www.hfpg.org/GrantmakingPrograms/OtherResourcesforGrantseekers/Videos/tabid/539/Default.aspx.

There are three brief videos in which Kim discusses:
  • The four basic principles of effective fundraising in any economy
  • Engaging the board in fundraising 
  • Fundraising with limited resources

Kim Klein, provides fundraising tips in her article, Tips to Survive Uncertain Times http://www.hfpg.org/nsp/documents/nsphandout2009fundraising2.pdf
The Financial Management  Program Can Help Improve Your Organization's Financial Health

If you're interested in having the financial information needed to make good strategic decisions, meeting your fiduciary responsibilities, and having the right tools and resources to do it efficiently, this program may be for you.  The Financial Management Program pairs your agency with a skilled consultant who will work with you to review current systems and make recommendations for improvement.  Your agency may then apply for a grant to implement the priority recommendations.  Through this program, you will gain a better understanding in areas such as budgeting, staffing, accounting systems, internal controls and cash management.                     


NSP also offers Nonprofit Business Analyses (NBA), in partnership with the Nonprofit Finance Fund, which helps you determine whether you have the right capital structure and financial resources to deliver your mission, meet challenges, and thrive in the future.  An NBA is ideal for organizations facing financial challenges, contemplating or experiencing significant programmatic change, or building/purchasing a new facility.
 
Is your executive director leaving the organization?
 
If so, the Executive Transition Program may be able to help.  Call us to learn more about helping your board to do the proper planning required to find the right person to fill the job.  Call Meher Shulman at 860-548-1888 x1047.