I 501(c) You - The Podcast for NonProfit Board Members

The Revenue Revolution: Maximizing Impact through Earned Income with No Margin, No Mission

Many of us are familiar with for-profit and non-profit organizations. However, this week, we have the pleasure of speaking with two individuals who have joined forces to revolutionize the non-profit sector. Meet Michael Oxman and Larry Clark, the visionaries behind No Margin, No Mission. Established in 2011, No Margin, No Mission aims to create financially sustainable organizations that achieve greater social impact.
With their expertise and dedication, Mike and Larry provide invaluable support to non-profits, equipping them with the tools and knowledge needed to step off the fundraising treadmill and pave the way towards self-sufficiency. By fostering financial stability, No Margin, No Mission opens up a world of possibilities for non-profit organizations to expand their impact and create lasting change in their communities.
 
No Margin, No Mission Website
 
Timestamps:00:50 - Interview starts
01:25 - How Mike got involved with No Margin, No Mission
04:22 - How Larry got involved with No Margin, No Mission
05:50 - What is No Margin, No Mission?
10:10 - Why should a nonprofit consider earned income and how do they do it?
14:20 - What behaviors or characteristics need to exist before considering an earned income opportunity?
17:40 - What role do board members play in earned income?
19:10 - What opportunities are created when you pursue earned income?
22:20 - Real life examples
26:15 - Rippling effects of earned income
35:35 - Recapping with Read
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast

The History of Philanthropy in the United States

On this 4th of July, join us as we embark on a reflective journey through the rich tapestry of philanthropy in the United States.
In this episode, we delve into the history of philanthropy, shedding light on the remarkable individuals who played pivotal roles during its early stages. Additionally, we present compelling statistics from the latest year, 2021, to provide you with a comprehensive snapshot of the importance of individual giving.
So sit back, relax, and let us transport you to a world where generosity knows no bounds. This is a celebration of American philanthropy, an ode to its enduring legacy, and an invitation to participate in the spirit of giving.
Sources: Giving USA
Timestamps:
00:30 - Statistics from Giving USA
01:40 - History of philanthropy in the USA
05:00 - Philanthropy today
06:00 - Why is the US so philanthropic?
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast

5 Actions to Get the Board Members You Want

Michael recently had the opportunity to speak to the Sumter County Nonprofit Coalition about "Getting the Board Members You Want." We believe this topic is so important, we recorded a podcast about it. This episode covers 5 actions you can take as a nonprofit CEO/ED or board member to recruit and attract the board members your organization wants.
Timestamps:
00:00 - Episode begins
01:20 - Create awareness
02:10 - Clarify your mission
02:50 - Demonstrate leadership
03:45 - Implement proper governance
05:00 - Explain the impact
 
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast

The Impact of Community Foundations with Roxie Jerde

This week, we are fortunate to delve into the world of community foundations with none other than Roxie Jerde, the President and CEO of the Community Foundation of Sarasota County. Roxie provides us with invaluable insights into the pivotal role that community foundations play in the nonprofit ecosystem.
A community foundation serves as a driving force for community betterment, striving to uplift every aspect of the community. Their fundamental purpose is to foster the community's well-being by supporting diverse nonprofit organizations, individuals, and initiatives. Not only do they make a direct impact through their assistance, but they also facilitate the collaboration of various organizations that may not have otherwise crossed paths.
With Roxie Jerde's expertise, we gain a profound understanding of how community foundations diligently work towards the greater good and positively influence the entire community.
 
Timestamps:
00:50 - Roxie introduces herself and her career
06:05 - What is a community foundation?
09:20 - The Community Foundation’s role in working with local nonprofits
11:45 - How do you understand all these nonprofits?
14:15 - Why can the Community Foundation make this societal change?
16:25 - How do you decide what issues to address?
18:50 - The Community Foundation is a resource
22:25 - What is the board’s role on a community foundation?
26:00 - How do boards differ on a private foundation versus a community foundation?
29:30 - Anything else?
32:18 - Recapping with Read
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast
 

Board Leadership Matters: Prepare for Officer Succession

While planning for your next group of board members is crucial, it's your strategic preparation for officer positions that truly sets the stage. Leadership can make or break an organization. With this in mind, join us for a conversation about the importance of succession planning for your board's officer positions.
Timestamps:
00:35 - Episode starts
01:12 - Officer positions
02:00 - Be intentional about leadership, look at the skills you want in these positions
03:16 - Identify those who you will want to be an officer in the future
03:45 - Have a thorough onboarding process for the officers
 
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast

Building High-Performing Nonprofit Boards with Hardy Smith

This week, we have the pleasure of welcoming Hardy Smith, a renowned author, consultant, and speaker. Hardy has authored an exceptional book aimed at improving the effectiveness and engagement of boards. In our engaging conversation, Hardy delves into valuable insights on putting an end to the nonprofit board blame game, providing CEOs with essential steps to foster a high-performing board, and shedding light on the major challenges faced by nonprofit board members.
Hardy's book has proven to be a treasure trove of wisdom. It not only exhibits a well-structured approach but also offers actionable steps at the conclusion of each chapter, ensuring practical application of the knowledge gained.
Buy "Stop the Nonprofit Board Blame Game" here.
Hardy's Website: https://www.hardysmith.com/
 
Timestamps:
00:45 - Interview starts
01:12 - Hardy introduces himself
02:30 - How did the book come about?
04:10 - The book is from the board member’s perspective
06:29 - Why don’t board members meet expectations?
08:49 - Some of the reasons why board members fail
09:49 - Communication
13:25 - Board members want to know they are making an impact
14:50 - How to identify if your board has negative experience creep
18:45 - A lack of organization contributes to a negative board experience
23:54 - If they help bake the cake, they own the cake
25:50 - What steps should an ED take if they have a disengaged board
30:08 - You have to be intentional about building relationships
32:16 - Recapping with Read
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
YouTube
Apple Podcasts
Spotify Podcasts
Amazon
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Visit us at: www.thecorleycompany.com/podcast

Recharge, Realign, and Refocus: Why you need a Nonprofit Board Retreat

This week we are discussing the importance of having an annual nonprofit board retreat (or off-site). A board retreat offers a valuable opportunity for board members to forge stronger connections, chart a course for the future, evaluate the past year, and engage in in-depth discussions on challenging subjects. When it comes to fostering camaraderie among nonprofit board members, few activities can rival the effectiveness of a well-planned board retreat.
Timestamps:
00:35 - Episode starts
00:50 - Why should you have a board retreat?
02:20 - What are the benefits of a board retreat?
03:55 - Review the strategic priorities
04:35 - Retreats are a good time to have a challenging discussion
05:07 - The secret sauce
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast

Leading with Unity: Secrets to a Successful Board Chair and CEO Collaboration w/ Amanda Smith & Theresa Grimison

Join us for an enlightening episode of I501(c)You as we explore the pivotal relationship between Amanda, the esteemed Board Chair, and Theresa, the accomplished CEO, who together helm the Community Foundation for Brevard. In this engaging discussion, we dive deep into the intricacies of a highly effective CEO/Board Chair partnership.
We discuss the essential traits that contribute to a successful CEO/Board Chair relationship as we uncover the secrets behind their collaboration. Gain valuable insights into how this dynamic duo nurtures and strengthens their bond, fostering an environment of trust, mutual respect, and shared vision.
Don't miss this opportunity to gain a better understanding of the CEO/Board Chair relationship's significance. Join us as we shed light on a critical yet often overlooked factor in the organization's journey towards success.
Timestamps:
00:53 - Interview starts
01:15 - Amanda introduces herself
02:10 - Theresa introduces herself
04:25 - Amanda, why did you join the community foundation board?
07:09 - How do you approach a new relationship with an incoming board chair?
12:15 - How often do you both interact?
13:20 - Amanda, how do you prioritize your responsibilities as a board chair?
14:50 - What dynamics allow for a strong CEO/Board chair relationship?
18:08 - Did the board foresee that you would have a good relationship?
21:25 - As a board chair, how do you “stay in your lane?”
22:56 - Amanda, did becoming board chair change your relationship with Theresa?
23:50 - Theresa, how did this change from your perspective?
25:20 - Amanda, how do you manage your board?
27:54 - How does CFB recruit board members?
30:18 - Change happens at the speed of trust
31:08 - Advice for an incoming board chair
33:15 - Advice to a tenured CEO welcoming a new board chair
35:20 - Anything else?
36:40 - It is healthy for an organization to transition to a new chair
38:28 - Recapping with Read
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
YouTube
Apple Podcasts
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Amazon
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Visit us at: www.thecorleycompany.com/podcast

Fiscal Fitness: Equipping Your Board for the Year Ahead

Prepare for the upcoming fiscal year with a fresh perspective! As your organization approaches the new fiscal year, exciting changes are on the horizon: new board members, fresh officers, and the possibility of a new board chair. Stay proactive and take charge by initiating your turnover processes, revisiting your mission, vision, and values, and strategizing for the board's path in the upcoming year. Tune in to this episode of I 501(c) You - The Podcast for NonProfit Board Members, where we delve into these essential topics and more!
 
Timestamps:
00:00 - Episode starts
00:50 - How to prepare for the beginning of the fiscal year
01:42 - Talk about strategy of the board for the next fiscal year
02:20 - Prepare for CEO evaluation
03:10 - Conflict of interest update
03:25 - Reflection on the past fiscal year
 
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
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Visit us at: www.thecorleycompany.com/podcast

How to Ensure Your Bylaws Protect You and Your Board with Cliff Walters

This week, we are discussing the importance of bylaws with Cliff Walters of Blalock Walters, P.A. Cliff delivers an abundance of invaluable insights for individuals currently involved in board service or considering taking on the role. He delves into crucial aspects of board service, like the significance of bylaws in safeguarding both board members and the organization, illuminating the roles and responsibilities incumbent upon board members, shedding light on areas of potential risk that board members ought to be well-versed in, and delving into numerous other essential topics. 
 
Timestamps:
01:05 - Interview starts
01:30 - Cliff introduces himself
02:25 - The importance of by-laws
03:50 - The Articles of Incorporation
04:25 - Cliff’s by-laws philosophy
06:25 - Should you change the Articles of Incorporation or the By-laws for consistency?
08:25 - Is there one area you organizations can improve upon?
09:15 - Every board member should read the by-laws
10:28 - Key parts of the by-laws
12:02 - What committees do you recommend nonprofits have?
16:50 - How should ad-hoc committees be structured?
18:40 - How should committees operate?
21:23 - Cliff’s advice for board member tenure
24:24 - Cliff’s advice for officer tenure
26:40 - Roles and responsibilities of the board
31:10 - Areas of risk the board should be aware of
36:20 - Advice for those who might be interested in serving on a board
38:30 - Recapping with Read
 
 
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
Apple Podcasts
Spotify Podcasts
Amazon
iHeartRadio
Visit us at: www.thecorleycompany.com/podcast