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NRCF INTERVIEW INSIGHTS FOR RETREAT (WHO Who does NRCF need to exist…
NRCF INTERVIEW
INSIGHTS FOR RETREAT
WHY
Why does NRCF need to exist?
connect HNWI with those working at coal face
Fills unique position in in philanthropy market
by giving small grants
small grants more effective bang for buck
building capital base owned by this community
for this community forever
using capital without tax to make difference in world
controlled by community volunteers
recollect, review and realign
RECOLLECT, REVIEW, REALIGN
BRIDGE BTWN NEED AND CAPITAL FOR SMALLER ORGS AT THE COAL FACE IN COMMUNITY
WHO
Who does NRCF need to exist for?
access to larger donors now that structures and systems
have been professionalised
geographic range 100 m in any direction
300k ppl across NR region
youth
aged
diversity of stakeholders
business looking to grow their social capital
HNWI looking to give and belong
habitators are about the integrity of their value chain
how to access new donor segments?
how might we better manage relationships with donors?
how might we create better value for board directors and volunteers?
director talent - youth, wisdom, expertise
play like a team
Emily CEO
John figure head not strategic driver or operational
Lynda HR experience
Clarity re Director Roles
Ray PR
Maggie Grants
Ninia Finance
Michael connector
John raising funds
need strong personality as chair - well known, HNWI, empathetic, respected, successful
volunteerism isn't free, always an exchange of value taking pace
events for donors and volunteers
BIGGEST ASSET ARE OUR PEOPLE
DIFFERENT VPs FOR DIFFERENT
DONOR SEGMENTS
MANAGING DONOR & VOLUNTEER RELATIONSHIPS
DIVERSE RECIPIENT NEEDS
WHAT
What value does NRCF provide?
need to measure our impact
help small orgs measure their impact
donors interested in diversity of impact
primary business is to create value for our donors
donors = customers
provide services so donors can give back
existing foundation covers spectrum
NRCF is a shield for HNWI to give to community without being bombarded by requests
Donors want to belong to a tribe
what's the value proposition
what's our point of difference?
MEASURING IMPACT
ARTICULATING VALUE IN A WAY ALL BOARD MEMBERS CAN REPEAT
HOW
How does NRCF go about
delivering value?
professionalised structures and systems
office work was shattered and dysfunctional
2 yrs into governance, charter, constitution, board restructure
Emily cleaned up systems and finance
Board meetings didn't give people opportunity to speak
4 non-board meetings per year for strategy, social, culture, brainstorming
Emily heading to CEO role
balance of volunteer and paid support
change language from talking about paid resources from admin to OPERATIONS and STRATEGY
operational model: volunteer or paid staff?
emphasis on governance
raising funds to pay for operations and strategy
RESTRUCTURING BOARD STRUCTURES, ROLES AND PROCESSES
PROFESSIONALISING STRUCTURES AND SYSTEMS
MANAGING POLARITY BTWN VOLUNTEERS AND PAID RESOURCES