Now Is the Time to Forecast for Your 2019 Technology Plan

By Newsroom on 12/21/2018

 Develop the right technology plan

Nonprofits (along with the foundations that fund them) make up a significant portion of the U.S. economy. In fact, in 2014, nonprofits contributed $937.7 billion to the U.S. economy, the equivalent of 5.4 percent of our nation’s GDP. Yet some foundations and nonprofits still face pushback when looking to invest in operations to provide their essential services.

But like any for-profit organization, foundations and nonprofits will greatly benefit from developing the right technology plan in order to forecast for the new year. The same mechanisms that significantly improve the efficiency and mobility of for-profit giants are just as important for a foundation looking to better measure impact, streamline grants processes, and efficiently communicate with stakeholders. The right technology provides operational improvements that enables your team to elevate their grantmaking – freeing up time to further develop grantee relationships. 

So looking ahead into the new year, how is your 2019 technology plan coming along? If sitting down to assess your current strategy and plan for the future sounds daunting, then our technology guide can help. After all, having a plan is the best way to demonstrate why an investment in the right technology (that aligns with your foundation’s mission) is critical.

The Foundation’s Guide to a Must Have Technology Plan was designed to help you develop an ideal strategic technology plan for your foundation. Read this guide to learn:

  • How to define a technology strategy that is suitable for your organization

  • How to choose the right technology

  • How to train and implement your strategy

  • Examples from other foundations who have implemented robust technology strategies

We know December is a busy month for foundations, but it’s also a perfect time to reflect on organizational successes and potential inefficiencies. Let us help you prepare for the future.

Download our guide today.

 

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4 Steps to a Strategically Aligned Technology Plan

By Aaron Lester on 12/01/2016

tech_planning_blog.jpgGrantmaking organizations manage billions of dollars of funding every year. The importance of maximizing the power of technology can’t be underestimated. Remarkably, most foundations lack a strategic technology plan that aligns with their mission, initiatives, and foundationwide strategy — even though it’s vital to reaching their goals.

In fact, according to a 2014 Technology Affinity Group (TAG) survey, a mere 23 percent of respondents said they have a technology plan that has been updated within the past two years. An additional 15 percent said they have a plan, but it hasn’t been updated, which means it isn’t keeping up with rapidly advancing technology. The most troubling statistic is the 62 percent of respondents who don't have a technology plan at all.

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