A Decision Framework for Nonprofit Leaders and Boards

By SeaChange Capital Partners

Executive Directors and Boards will need to take decisive and difficult action if the nonprofits they lead are to survive the COVID-19 crisis. In our role as the champion of nonprofits facing complex challenges, SeaChange has a decade of experience working with nonprofits with respect to risk management, lending, financial analysis, mergers/ collaborations, and restructuring/dissolution. We have already been approached for advice by more than a dozen organizations as they grapple with the current situation. This briefing note summarizes the advice we have given them and the best practices we are seeing in the field.