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Commentary

May 20, 2025

Listen Now: Leading Amid Economic Uncertainty

Originally published in The Chronicle of Philanthropy, May 20, 2025

Originally published in The Chronicle of Philanthropy , August 13, 2024

Stacy Palmer, CEO of the Chronicle and host of Nonprofits Now: Leading Today, turned to NFF President & CEO Aisha Benson and World Relief’s Myal Green to discuss how nonprofit CEOs can lead their organizations through today’s uncertain economic landscape.

Aisha Benson (NFF) and Myal Green (World Relief)

Originally published in The Chronicle of Philanthropy , August 13, 2024

Among Benson’s and Greene’s recommendations:

  • Do a cash flow analysis and prepare for different scenarios. Benson says in addition to those steps, it’s important to understand the full costs of delivering programs and figure out where cutbacks might be possible without sacrificing core operations.

    Greene says he started planning 12 to 18 months before the 2024 presidential election and prepared two budgets, predicting what would happen to World Relief’s financing under a Democrat or a Republican victory. While the changes happened faster than he expected, doing all that forecasting allowed the organization to react immediately.

  • Reach out to grant makers and other donors. World Relief got a fundraising appeal out a day after the White House announced cuts in refugee resettlement programs and then followed up with more specifics about the impact as it learned them. Those appeals helped World Relief raise $10 million in two months, allowing it to make up for immediate shortfalls. Meanwhile, Benson says to be in touch with your grant makers and help them understand how flexible, long-term funding would make a difference.
  • Advocacy matters. With lawmakers now considering spending cuts, “reach out to your elected officials at the city, state, and federal levels,” says Benson. “Tell them your stories. Use good impact data. What are the economic benefits and contributions of the work you are doing? How are you really helping people through their challenges?”

Listen to the full conversation.

View NFF’s collection of core resources, tools, and guides designed to help strengthen your organization’s financial management practices as we navigate the current environment.