Anne Marie Burgoyne, Managing Director of the Social Innovation Initiative at the Emerson Collective, spoke to the Fast Forward cohort about two of the most important issues for any nonprofit: board development and fundraising. Anne Marie is universally loved in the social enterprise space, and has an amazing background in philanthropy. Here are the highlights.
4 lessons for building your founding board:
The founding board is your first governance body, and they’re your boss. They are the people who have your back in public and share your heart and mind in private.
- Choose people who believe in you and who are willing to go with you on your journey
- Find doers who bring specific skills
- Use your board to expand your network
- Bring on people who understand finance and operations early
4 lessons for fundraising:
There are lots of places to raise money: individuals, institutions, corporations, competitions, and earned revenue, and you can’t chase everything.
- Fundraise for what you need to hit milestone growth
- You have to spend money to make money: invest in your website and good design
- As the leader, bringing resources to your work (AKA fundraising) is your work – embrace the awkward!
- Don’t forget to make the ask