IFF is pleased to share the application for the Stronger Nonprofits Initiative. In this intensive cohort program, nonprofits serving low-income communities of color in Chicago will work to improve aspects of their organizational performance alongside other nonprofit leaders.
The Stronger Nonprofit Initiative is made possible through the generous support of JPMorgan Chase.
This program is ideal for organizations poised and ready for change, and willing to devote meaningful senior staff and leadership time to the program. Participating nonprofit leaders will:
- Build their core financial management skills through a series of workshops and peer learning opportunities
- Work on customized leadership development goals through one-on-one coaching
- Access targeted professional services in real estate planning and financial management to implement improvements
- Be connected to affordable financing for facility-related projects that meet their organization’s needs
- Engage in a community of learning and practice, where they will share, collaborate, and learn from other organizations’ best practices
IFF is partnering with Fiscal Management Associates (FMA), a nationally-known consulting firm that specializes in helping nonprofits build their fiscal management capacity, to deliver workshops and technical assistance for this inaugural cohort.
To be eligible for this program a nonprofit must:
- Be a 501(c)(3) tax exempt public charity in good standing with executive operations based in Chicago
- Be led by leaders of color and/or serving low-income communities of color
- Have a paid, full-time permanent CEO/Executive Director, and at least one other paid staff
- Be ready and willing to actively participate in a 14-month long program starting September 2018 through December 2019, which includes:
- All workshops listed below
- Individual coaching
- Peer learning workshops
- Development of an action plan for implementation
- Participation in the evaluation of the cohort including feedback on workshops
- Individualized real estate consultation services
There is no minimum or maximum operating budget size, but priority will be given to organizations for which this program reflects a critical investment for organization’s capacity building.
- Organizational chart
- Board list including occupations and relevant experience
- Most recently completed audit or financial review
- Current year budget
- Most recent annual budget versus actual results (and projections through end of the year, if available)