The Forbes Funds' mission is building the management capacity and - - PowerPoint PPT Presentation

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the forbes funds mission is building the management
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The Forbes Funds' mission is building the management capacity and - - PowerPoint PPT Presentation

Apr 07, 2023 110 likes •254 views

The Forbes Funds' mission is building the management capacity and impact of community-based nonprofits individually and systemically. We clustered resources and assets that create new ecosystems that address systemic issues strategically. 100

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The Forbes Funds' mission is building the management capacity and impact of community-based nonprofits individually and systemically. We clustered resources and assets that create new ecosystems that address systemic issues strategically.

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100 Days of Listening

Challenges for nonprofits 1. Obtaining operating support 2. Collecting and understanding data 3. Minority nonprofits obtaining substantial operating and program grants 4. Retaining high quality staff 5. Diversifying revenue streams 6. Creating operating reserves 7. Developing succession plans 8. Fostering strategic collaborations 9. Development of sustainability plans

RJ1

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Slide 2 RJ1 How are you defining 'minority nonprofits'? Minority lead? Primary service population? Something more?

Russell Johnson, 6/26/2019

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  • Fragmentation between sectors
  • Challenges local governance
  • 90 distinct neighborhoods and

home to over 3,100 non‐profit

  • rganizations
  • Overlapping missions
  • Competition for the same resources.
  • Fragmentation reducing
  • pportunities to reach residents

efficiently and effectively. THE NEED FOR CROSS-SECTOR COLLABORATION

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TFF Participates or facilitates:

  • Community Meetings
  • Community Coffee’s
  • Comprehensive Community

Planning Meetings

  • Consensus Group Meetings
  • Nonprofit Organizational

Assessment meetings

  • Strategic Partnership Meetings
  • Transformational Leadership

Meetings

  • Custom Trainings and

Workshops

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Major component of economy

Nonprofit Sector Role in Pittsburgh’s rebirth

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Capacity Building Investments

  • GNNP Membership
  • Executive in Residence
  • Management Assistance Grants
  • Peer‐to‐Peer Mentoring
  • Data Collection
  • Ecosystem Development
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Who Will Support The Pivot:

TFF

Housing Sustainability Transformational Leadership Finance Research Framework Innovation Health Criminal Justice Workforce Policy Arts and Culture Millennial Leaders Entrepreneurs Education Technology

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The Forbes Funds 2018‐2021 Plan

Align programs with the Social Determinant's of Health

  • Education, Economic Stability, Neighborhood and Built

Environment, Social and Community Context, Health and Health Care

  • Cluster Grant Making (C3‐Catalytic Community Cohort

Model)

  • Create/engage community Research Advisory Board (CRAB)
  • Develop Transformational Leader (P2P Learning Circles)
  • Build/foster sustainable partnerships
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The Community Research Advisory Board (CRAB)

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Where Are We Headed

Developing a Shared Metric

  • Building a Community of Practice
  • Advance the Ambassadors LEAP Program
  • Increase in grants per org over last 4

quarters

  • Reduction of costs per grant over the last

4 quarters

Managing to Measure

  • Community Scorecards
  • University of Pittsburgh, Penn State University
  • Regional Dashboard
  • UCSUR, DHS, City of Pittsburgh, Blastpoint
  • Digital Repository
  • CMU, University of Pittsburgh, London School of

Systems Change (U.K.), Bateson Institute (Sweden)

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The Road Less Traveled for Nonprofits

  • Transformational leadership
  • Succession Planning
  • Cross‐sectorial Collaboration
  • Entrepreneurial Mindsets
  • Agile Business Models
  • Sustainability Planning
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Who is partnering with The Forbes Funds Today…