Funders: Let’s Stop Making Nonprofits Choose Between Balanced Budgets and Burnout

Nonprofit leaders know that they must balance their annual budgets. The report’s finding that two-thirds of nonprofits expect to have a balanced budget or a surplus tracks. But let’s not mistake this as an indication that funders are doing a good job resourcing the sector appropriately. What this data tells me is that nonprofits are doing what they must in order to keep the lights on and ensure that their work continues.

Common Future accelerates leaders for worker ownership, housing rights and ‘cannabis justice’

Common Future is keying in on good jobs and sustainable livelihoods for its 2024 accelerator cohort.

The Growing Movement for a Four-Day Workweek

Oakland-based nonprofit Common Future, which works with other organizations to advance racial and economic equity, partnered with WorkFour, a national campaign to convince private and public enterprises to adopt the four-day workweek.

This majority BIPOC company has a 4-day work week. Here’s how

co-CEO Jennifer Njuguna explains why the 4-day work week can be a win-win.

The Brief: ImpactAlpha’s mission-aligned investors

Mission-aligned investors, led by the Ford Foundation and including Sorenson Impact Foundation, Common Future and media executive Aaron Kissel, have staked ImpactAlpha to $3.3 million in equity capital to finance our next stage of growth and help you amplify your impact.

No Longer Lonely at the Top: A Growing Number of Nonprofits Hire Co-CEOs

Common Future, a national organization that advances racial and economic equity through community efforts, replaced its departing CEO with three co-CEOs, all women. They come from different backgrounds and bring different strengths — Sandhya Nakhasi, from a second-generation South Asian family, has an investing and finance background; Jennifer Njuguna, a Black woman and lawyer who was part of the first generation of her family to attend college, oversees operations; and Jessica Feingold, a white woman who identifies as queer, handles communications and fundraising.

One huge trial proved the 4-day workweek can be successful.

“We live our values internally by challenging the traditional workplace models which are typically exploitative and don’t tend to favor folks who look or identify like employees in our organization,” said Joann Lee Wagner, vice president of people operations. “We’re already primed toward experimentation, challenging structures that don’t often work for BIPOC folks.”

What Would Fiduciary Duty to the Community Look Like?

What Would Fiduciary Duty to the Community Look Like? Sandhya Nakhasi July 9, 2024 A colorful graffiti mural of the word “COMMUNITY” in shiny gold letter. Image credit: David Clode on Unsplash “You can’t build wealth for Black, Indigenous, and other communities of color by continuing to extract wealth from these same communities that have faced multigenerational exclusion and extraction from our financial systems.”

The Nation Still Needs a New Birth in Liberty

Many working today for racial and economic progress, as I am, encounter the same white fatigue that Ida B. Wells knew firsthand.

The backlash to diversity efforts is widespread

Each of us has a choice to acquiesce to this backlash or to evolve toward progress. We must build cross-sector bridges that enable us to comprehensively address our changed landscape.