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Who Are the Stakeholders for a Nonprofit?

A picture representing stakeholders

This article breaks down the cast of characters in the nonprofit world. Think of it as a nonprofit soap opera, starring board members, employees, volunteers, donors, and grant-giving foundations. Even vendors and community members make cameo appearances! Engaging with these stakeholders is like hosting a never-ending dinner party—you need to keep everyone happy and involved. The article categorizes them into constitutional (board members), contractual (employees and volunteers), and third-party (donors and community members). Understanding and managing these relationships is crucial for the nonprofit's success, like keeping the drama to a minimum at your dinner party. So, if you want your nonprofit to thrive, make sure you’re the best host ever and keep all your stakeholders smiling click here to read more!