Business Development Strategies
April 5, 2021
Wendy Thomas: Takes me back to business school!
Michelle Siegfried: Yes – I’m glad to hear that thinking is changing about the importance of paying appropriately!
Wendy Thomas: Compensation philosophy!
Adrienne Yandell: Are those business models always considered for-profit subsidiaries in US law?
Wendy Thomas: Unrelated Business Income – ability to tax revenue below 30%
Wendy Thomas: Reserves are important for nonprofits – that’s an excess of income over expenses (profit). 90 days reserve was best practice prior to Covid
Eric Gill: Do these rules apply to 501c3 religious institutions?
Jenny Thai: Praise is so important!!!
Wendy Thomas: @Eric, I’ll ask that when we get to Q & A
Wendy Thomas: FOE – Friendly, outgoing, enthusiastic
Adrienne Yandell: Most of my experience has required a plan to be donor independent in 5 years.
Adrienne Yandell: Is this exclusively a foreign consideration or do you think that might start to be required in the USA as well?
Kristin Maun: And they are amazing socks!
Linda Hollingsworth: What trends do you find whereby donors / philanthropies invest in their own community data analytics to identify where and what needs exist to better target dollars?
Zack Orr: Thank you, Jerry!
Laura Law: Thank you, Jerry!
Ellen Brinich: Thank you, Jerry and Wendy!
Dillon Hargrave: Thanks, Jerry!
Melissa Revell: Thank you!
Theresa Woodard, MD: thanks Jerry
Adrienne Yandell: Thanks Jerry & Wendy!
Kristin Maun: Thank you!