Tough Times Call for Tough Action: A Decision Framework for Nonprofit Leaders and Boards

Executive Directors and Boards will need to take decisive and difficult action if the nonprofits they lead are to survive the COVID-19 crisis. SeaChange has a decade of experience working with nonprofits with respect to risk management, lending, financial analysis, mergers/collaborations, and restructuring/dissolution. Our new report—Tough Times Call…

Covid-19 could mean extinction for many charities

Covid-19 is poised to become an extinction-level event for America’s nonprofits. In the face of this looming disaster, everyone has work to do. SeaChange is doing all we can to assist our current borrowers, flow new money from willing funders into nonprofits, and advise nonprofits leaders and boards…

The Will and The Way: Philanthropy’s Grantmaking Defaults Must Change

The recent report on “Ending the Starvation Cycle” confirms that the vast majority of funding is project-based, that this type of funding rarely covers the full cost of the associated work, that “cost-minus” funding is not just unfair but also causes a whole host of financial and non-financial problems…

Are You a Dipper? Nonprofits, Sin, and Shadow Loans

In this new article—Are you a Dipper?—we describe how many nonprofits really fund their working capital, why it can be dangerous, and how to avoid it.

Nonprofit Earned-Income Ventures Aren’t Rockets: Another Launchpad Failure

ImpactUs looks to have had a lot going for it but its failure is a reminder that many nonprofit earned-income ventures (“NEIVs”)—organizations launched with a big dollop of philanthropy but then expected to “make it” on earned income—are not approached in a way that maximizes the odds of success. In…