As 2013 comes to a close, nonprofits across the Charlotte area are gearing up to advance their missions in the new year. The region’s economy has enhanced mightily due to the fact the depths of recession, and but numerous organizations continue to struggle with generating sustainable operations at a time when demand for their solutions remains higher. We’ve peered into the crystal ball nonetheless, and produced the following 5 predictions nonprofits ought to look at when preparing for the year ahead: Continued Confusion on Public Funding – Probably the single most vital element for nonprofits in the overall health and human solutions sector is the shifting leadership structure in state government. According to our sources, the future appears grim for nonprofits, as cuts to funding more than the final 4 years may well have just been a prologue to what is to come.
Crucial to this will be the 2014 election and its influence on the North Carolina legislature. If voters show that they like what they’ve been seeing, anticipate to see elected officials emboldened to continue generating even deeper cuts to the state price range. Dramatic Boost in Capital Campaigns – It would seem 2014 will be the year of the capital campaign in the Charlotte area, with various higher profile campaigns probably to move from quiet phase to public phase. We’ve been calling for this for some time, with so numerous organizations obtaining had to sit on their ambitious 2008-2009 campaign plans although the recession took its toll.
Larger education, secondary education and the area’s hospitals have been largely quiet fundraising-sensible more than the final handful of years. If your organization desires to get in on the action, you had greater act rapidly. The ‘Silver Tsunami’ Becomes A Major Headline – Immediately after a year that saw healthcare take center stage in public debate, much less has been stated about the continued influx of infant boomers getting into retirement. In 2013, the challenge showed up as turnover at the leading of numerous nonprofit organizations in the region, exactly where Executive Directors who have been “”holding on for a handful of extra years”” as their retirement funds enhanced started to leave the workforce. But caring for aging boomers (and their parents) is probably to turn into a extra pressing challenge in 2014.
How can your nonprofit respond to this narrative by way of your programming (and fund improvement tactics!)? Shift in Concentrate from Intervention to Prevention – As public funding becomes extra challenging won, weary philanthropists in Charlotte’s leading grant generating institutions are in search of systemic adjust and collective influence. Though a concentrate on meeting the need to have ideal in front us will continue, 2014 may well be the year that funders in the region band with each other to advance preventative approaches to poor college functionality, overall health and wellbeing, and standard human requirements. How can your organization demonstrate moving the needle in the extended term? Uptown Charlotte Comes Alive – 2014 is going to be a huge year for Uptown Charlotte, as BB&T Ballpark will open for the Charlotte Knights in the spring and the Charlotte Hornets will when once again hit the floorboards at the arena. We predict a sizable influx of young pros and their households pouring in to the uptown, at a higher price than in current years.
How will your nonprofit take benefit of this chance to engage this challenging-to-attain demographic? Subsequent Stage Consulting Subsequent Stage Consulting was founded to guarantee all nonprofit organizations in the Carolinas have access to economical, higher-top quality consulting solutions to enable them “”get to the subsequent level.”” The firm is devoted to operating with a restricted quantity of nonprofits to assure all consumers get specialist counsel, specialized strategic and improvement preparing, and in-depth implementation solutions. Led by Managing Director Josh Jacobson, Subsequent Stage Consulting aims to be a reduce above.