PADUCAH, Ky. — In tough economic times, the No. 1 challenge facing nonprofits is fundraising. To help organizations overcome this challenge, the Federal Reserve Bank of St. Louis, Community Development Office, Louisville Branch, in cooperation with the Center for Nonprofit Excellence, is hosting Building the Capacity to Serve, a seminar on August 27 and 28 in Paducah, Ky., that will give nonprofits the opportunity to learn how they can work more efficiently by working together.
"Building the Capacity to Serve" is intended for representatives of nonprofits and major funding organizations, including executive directors, program managers, board chairs and board members. The seminar will be held at the Executive Inn Hotel & Convention Center in Paducah. A continental breakfast and lunch are included in the $25 registration fee; the registration deadline is Aug. 15.
"As times change and challenges continue to increase, the nonprofit organizations that thrive will be the ones whose leaders understand and fully embrace collaboration," said Eric Schmall, seminar instructor and director of consultation for the Center for Nonprofit Excellence. "The sharing of ideas and resources lifts the potential for mission success for all those who engage in authentic collaborative strategies."
The two-day seminar will help participants:
With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. The St. Louis Fed is one of 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, provides payment services to financial institutions and the U.S. government, and promotes community development and financial education.
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