Resources for Nonprofit Directors

Storm relief funds available for small Maine businesses [Video]

Mills’ office said this funding was made available as part of the $60 million storm relief package that was approved by the Maine Legislature.

AUGUSTA, Maine — Maine Gov. Janet Mills announced Thursday that small businesses and municipalities can now apply for relief funding to help rebuild and recover from the severe December and January storms that damaged much of the state.

Applications were launched by the Department of Economic and Community Development for $10 million in funding for small businesses and nonprofits through its new Business Recovery and Resilience Fund, Mills’ office said in a release.

The new fund was created to help “make storm-related repairs and strengthen infrastructure to withstand future storms,” the release stated,

The Maine Department of Transportation also on Thursday launched applications for $25 million in funding through the Maine Infrastructure Adaptation Fund, which aims to aid municipalities “rebuild infrastructure that is resilient and that provides community, economic, and environmental benefits,” Mills’ office said. 

This initiative was launched by …

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Resources for Nonprofit Directors

The New AI Methods For Strategic Planning [Video]

How AI can significantly enhance the efficiency and inclusivity of strategic planning processes for nonprofits. Mike Burns, CEO of StrattSimple, shares his innovative approach to strategic planning through the integration of artificial intelligence (AI). Mike starts with the point that one of the primary challenges facing nonprofits in strategic planning is the considerable time and financial resources required. Addressing this, he introduces his AI-driven solution designed to streamline and economize the planning process, making it accessible to more nonprofit organizations. His approach utilizes AI to facilitate comprehensive stakeholder engagement by rapidly and efficiently gathering insights from a broad spectrum of participants, exemplified by one client who interactively surveys 4,000 clients. Mike describes the value. . . "Imagine if you were doing that the traditional way and you had to interview each of those people. How long would that take? I don’t even know that it would be possible." The lively conversation highlights the fast-changing capability of AI in capturing and synthesizing vast amounts of data to identify key themes and insights. This process not only saves time but also enhances the depth of analysis available to decision-makers. MIke shares his enthusiasm for AI's potential, stating, "Economists out there say AI is going to have a bigger impact on the economy than electricity. The more you work with it, the more you realize that this is changing everything." Co-hosted by Tony Beall and Julia Patrick, the episode explores the implications of AI in the realm of nonprofit governance, where strategic planning often involves complex layers of input from various stakeholders including funders, clients, team members, and board members. During the discussion, Mike elaborates on the importance of inclusivity and diversity in the planning process, asserting that AI tools can help ensure every voice is heard, thereby fostering a more comprehensive and effective strategic plan. You’ll learn alot of what’s changing in the planning arena by watching. The cohosts and guest not only shed light on the transformative potential of AI in nonprofit strategic planning but also underscore the importance of technology in making strategic planning more manageable, cost-effective, and inclusive.#nonprofitboards #nonprofitplanning #nonprofitmanagement #strategicplanning