Program Aims to Bolster Nonprofit Financial Sustainability, Curb Leadership Burnout
April 21, 2022 — The Dallas Foundation and RevJen Group have partnered with Jenesis Group, Lyda Hill Philanthropies, The George & Fay Young Foundation, and Rainwater Charitable Foundation, among others, to form the North Texas Funders Initiative, a three-year partnership that aims to bring leadership development, revenue capacity-building training and support to more than 300 nonprofit leaders per year in the North Texas region.
The North Texas Funders Initiative was born of a shared vision to combat outdated beliefs and practices in the nonprofit sector and create pathways to more financial and leadership sustainability. This initiative aims to reduce both financial instability and leadership isolation, burnout, and high turnover, which plague the nonprofit sector and have only worsened during the pandemic.
This partnership will equip North Texas nonprofits with the tools and support to help leaders thrive and build sustainable revenue models to fuel their organization’s mission.
“We are thrilled to partner with RevJen Group to provide North Texas nonprofit leaders with this leading edge opportunity,” said Matthew Randazzo, President and CEO of The Dallas Foundation. “Strengthening North Texas’ nonprofit ecosystem benefits North Texans and ensures the organizations on which so many rely are poised to meet the needs of tomorrow.”
Through this partnership, North Texas nonprofit leaders will have access to RevJen Group’s revenue capacity-building training and professionally facilitated nonprofit peer groups. This support will empower local nonprofit leaders, strengthen the organizations they serve, and lead to better programmatic outcomes.
“We are thrilled to kick off this initiative, which will address long-standing sector challenges that have adversely impacted the efficacy of nonprofit leaders for too long. We look forward to serving these North Texas changemakers who wake up every day dedicated to making our community stronger through their programmatic impact.” said Brian Joseph, CEO and co-founder of RevJen Group. “I am convinced that we can demonstrate to the rest of the country that investment in these types of partnerships delivers an outstanding ROI for nonprofit leaders, their organizations, and the impact they strive for.”
The North Texas Funders Initiative will provide North Texas leaders with access to the following solutions through scholarships:
- Fuel Series Workshops: Provides participating leadership teams with the opportunity to align around revenue, develop and sharpen revenue strategy and build revenue infrastructure while addressing root causes, rather than just symptoms, of their revenue challenges.
- R-Squared Peer Groups: Provides participating nonprofit leaders with the dedicated time, space, and community to process their most pressing opportunities and challenges in a confidential, professionally facilitated environment, fostering valuable connectivity and support.
As part of the North Texas Funders Initiative, Lyda Hill Philanthropies will be offering scholarships for both RevJen programs to all eligible and interested nonprofit tenants of Water Cooler at Pegasus Park, a social-impact hub within the Pegasus Park development in Dallas. Fuel Series Workshops and R-Squared Peer Groups are part of a suite of capacity building resources that Lyda Hill Philanthropies is making available to 25 organizations at Water Cooler at Pegasus Park.
The development of the North Texas Funders Initiative was made possible by a cornerstone challenge grant of $150,000 for each of the three years from The Jenesis Group and a $50,000 Community Impact grant from The Dallas Foundation.
If you are a nonprofit leader and are interested in benefiting from the North Texas Funders Initiative program, please visit www.revjen.com/north-texas-funders-initiative.
About The Dallas Foundation
The Dallas Foundation, established as the first community foundation in Texas in 1929, brings together people, ideas, and investments in Greater Dallas so individuals and families can reach their full potential. In 2021, The Dallas Foundation, in partnership with the more than 400 fundholders, invested over $80 million into the community. For more information, visit www.dallasfoundation.org, Facebook or Instagram.
About RevJen Group
RevJen Group is a social enterprise dedicated to the empowerment of nonprofit leaders and the organizations they serve. RevJen partners with nonprofits, funders, and key stakeholders to provide revenue capacity-building training and professionally facilitated peer groups to the nonprofit sector. Their effective, proven solutions arm social sector leaders with the knowledge, resources and support necessary to tackle their greatest challenges, amplify their impact, and fuel the greater good. To learn more about how RevJen is unleashing the power of changemakers, visit RevJen.com or on LinkedIn, Twitter, and Instagram.