Expand Board Participation
Align Board Education with strategic direction
Enhance Management Align staff to maximize community & donor involvement
Ensure Financial Sustainability
Evaluate revenue sources to keep pace with operational needs
Improve and Expand Technology Secure technology expertise to sustain operational needs
Attract and retain the right staff Increase financial support from Board members
Add staff & space to support community & donor involvement
Approach: •Focus Board Education on Community Issues and Impact •Encourage Board Members to have fund and/or participate in grantmaking •Increase staff training to improve management and leadership skills •Ensure staff benefits and office culture make CFL “one of the best places to work” •Conduct Cost Study to evaluate profitability of all lines of business •Consider co-investors to accomplish strategic goals.
Ensure operating expenses in line with comparable foundations
Ensure financial resources align with strategic goals
Invest in technology to maximize community and donor involvement
Implement communication strategy that includes new media
Key Partners: •Community Philanthropic Leaders that value CFL •Outside technology consultants •Outside new media consultants 7