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November 24, 2009
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COLLABORATION AS COMPETITIVE ADVANTAGE
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| Next Bisnow Breakfast & Schmooze: "2010" - Join Carlyle Group founder David Rubenstein, forecaster Steve Fuller, and others. Dec 7 at the Reagan Building. SIGN UP before the tryptophan makes you too sleepy. |
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| The Nonprofit Roundtable, a network of 200 DC-area non-profits, has no round table. Just this octagonal one. Somehow, we still managed an interview with exec director Chuck Bean, who offered advice on how non-profits can survive the downturn. |
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Diversify revenue. Chuck expects area govt's to have a combined shortfall of $1 billion in the coming year, but a June survey of area non-profits revealed that only a quarter have diverse funding streams. Those heavily dependent on state or local dollars should look to corporations or individual donors. The flip side: Funders are preserving funds for their core grantees, so board members will need to step up and really work their connections.
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If Chuck wrote a book, it'd be titled Collaboration as a Competitive Advantage. (Our synonymous suggestion: Not Going Rogue would probably sell a few more copies.) Chuck recommends that non-profits share space or staff and try joint programs or branding. He says we're moving into an era "beyond organizations," in which the focus will be less on a traditional corporate structure and more on networks. The lone wolf won't be able to compete. He says the Roundtable is planning its first-ever collaboration summit for 2010, tentatively called "Collabopalooza."
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LINKING THE FOOD CHAIN
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And now, another article about collaboration. (It's almost like articles on teamwork are . . . well, working together.) North American Millers' Association president Betsy Faga sees a trend of partnerships that include more of the food chain. For NAMA, that's a literal food chain. The association has reached out to other associations repping farmers to food manufacturers this past year, to tackle legislative issues that its 6-person staff otherwise could not. Betsy has found that many associations feel they have to take the lead in every coalition but says it's best not to let your ego get in the way of others' expertise.
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Not only is Betsy a singer in her church choir, she's a die-hard Navy football fan. She tailgates eight or nine games a season and admits to putting those little temporary tattoos on her cheeks. The super fan is also a seasoned skier. Favorite spot: Zermatt, Switzerland, home of the Matterhorn (the mountain, not the Disney World ride), though this winter she’s headed to Big Sky.
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| PHILANTHROPY DAY |
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National Capital Philanthropy Day is now as official as Thanksgiving thanks to proclamations from local gov't leaders. To celebrate, we attended a luncheon and awards ceremony hosted by the Association of Fundraising Professionals' DC chapter at the Mayflower last week. It honored the area's top volunteers, fundraisers, and givers (i.e. the people with buildings named after them).
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Are these folks red carpet ready or what? The honorees are: (Top row) PNC regional president Michael Harreld, Cardinal Bank president Kevin Reynolds, Environmental Support Center's Judy Hatcher, and Stafford Foundation's Earl Stafford. (Front) Gail Nordheimer Associates' Gail Nordheimer and The Harman Family Foundation executive director Barbara Harman. Last week, the HFF's Catalogue of Philanthropy, the go-to guide for high impact local non-profits, unveiled a website to connect donors with top non-profits that have budgets under $3 million.
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| UPCOMING EVENTS |
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December 07 - Bisnow Breakfast & Schmooze - "2010" - With Carlyle Group founder David Rubenstein, forecaster Steve Fuller, and others. Reagan Building. Info
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This newsletter is a journalistic news source which accepts no payment for featured interviews. It is supported by conventional advertisers clearly identified in the right hand column. You have been selected to receive it either through prior contact or professional association. If you have received it in error, please accept our apologies and unsubscribe at bottom of the newsletter. © 2009, Bisnow on Business, Inc., 1323 Connecticut Avenue, NW, Washington, DC 20036. All rights reserved.
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