Wondering where that next buck can come from to meet whatever financial need your nonprofit has? Have you thought about your board members as lenders? This article from Blue Avocado does a nice job outlining some thinking about how to facilitate your board members' engagement as your nonprofit's banker.
Note, the article tells you the how, not the should or if. Me, I'd give this one some serious thought before embarking but I don't think it's a totally off-the-wall idea from the nonprofit's side in this economy. From the board member's side I would certainly have some reasonable reservations. This reminds me of articles I have seen recently about whether one should "lend" money to a friend or family or should really be thinking about the "loan" as a gift.
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