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2004
Strategic Initiatives
The Fund's sponsors are pleased
to announce their continued commitment to expand the knowledge of
the sector and to create “economies of scale” for allocation
of limited resources. Throughout 2004, the Nonprofit Management
Fund will fulfill its primary function of making grants to build
the capacity of nonprofit organizations, make grants through a new
program to strengthen organizations serving the Latino community,
and continue to provide learning opportunities for Directors of
nonprofit Boards.
Initiatives
- Launch an Institute to train
consultants to conduct diagnostic clinics
- Conduct diagnostic clinics of
local nonprofits
- Promote and enhance resources
for nonprofit Boards of Directors
- Offer activities to increase
the capacity of Latino organizations and to develop leadership
within the Latino community
For the most part, these options
emphasize education and training, along with experiential learning,
as methods to build organizational capacity. They are designed to
have a significant impact on nonprofit organizations of varying
types, sizes and structures in the greater Milwaukee area. However,
the greatest emphasis is placed on organizations that are eligible
to apply for a grant from the Nonprofit Management Fund.
Accurate assessment of a problem
is critical to its resolution. Based on an application, diagnostic
clinics are awarded to aid organizations in identifying their management
and governance strengths and weaknesses. In 2004, the Fund will
organize another Institute to train six practicing consultants how
to conduct diagnostic clinics.
The differences between nonprofit organizations and for-profit corporations
are many. However, one critical advantage to the nonprofit status
can be the involvement of the Board of Directors, representing a
wealth of financial, program and personal resources. The focus on
“Board Orientation And Resource Development” is an effort
to have a demonstrable impact on nonprofit Boards through the development
of recruitment, placement, training and other activities.
Continuing for the next year, the
funding partners are making a significant commitment to increase
the capacity of Latino-led organizations and to further leadership
development within the Latino community. In partnership with Hispanics
In Philanthropy, the Funders’ Collaborative for Strong Latino
Communities, will organize a series of educational activities and
make several types of grants to eligible organizations.
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