why work for a non profit

When you try to picture yourself working on your dream career, your mind goes blank. You know that you want your day job to be meaningful and hopefully make a positive impact on others. But working in jobs like nursing or social work really isn’t right for you — you want to find your match with something closer to an office environment. So does that mean you’re stuck as a corporate escalation? There’s another option you might not have considered: working for a nonprofit. So why work for a nonprofit? These workplaces not only often benefit individuals and communities in need, but also rely on employees with savvy business skills to help them make the greatest impact. We spoke with experts to learn more about working to fulfill a nonprofit career. Read on to see if you can picture yourself working as part of a nonprofit.

First, what is a nonprofit?

You’re probably familiar with the term, but you may not know the specifics of what a nonprofit actually is. As the name suggests, nonprofits don’t exist to make a profit. Instead, they raise money for a cause related to charity, education, science, literacy, and others, as defined by the IRS. If a nonprofit complies with all necessary IRS tax laws, it may be recognized as a 501(c)(3) exempt organization. and have to save money paying employees to get. Nonprofits can be extremely successful organizations with on-demand products and services. In addition to those potential revenue streams, nonprofits typically raise funds through grants and sponsors, social media campaigns, events, and other fundraising activities. fighting childhood cancer, caring for the homeless, providing healthcare or conserving wildlife.

Why work for a nonprofit?

There are a number of compelling advantages that employees at nonprofits appreciate. Learn more about the five benefits.

1. Your work can make a difference

Read more: Why is my face oily when I wake up Working for a nonprofit gives you the opportunity to make a positive impact by spreading awareness about your organization’s goals and helping it function as efficiently as possible. “Nonprofits offer an opportunity to change the world or help the neighbors in your local community,” said Rick Cohen, a spokesman for the National Council of Nonprofits. Whether you’re a financial genius or a marketing wizard, your skills can make all the difference in the world when you put them to work at a nonprofit.

2. Your job will probably have more responsibilities

“One of the main benefits I see is the opportunity to be involved and wear multiple hats at once,” says Jill Santopietro, small business and nonprofit consultant at 21Oak HR Consulting. In the traditional business world, employees are assigned a number of narrow tasks related to a business area. Nonprofits, on the other hand, often rely on a smaller team to handle the workload, resulting in more diversity for employees. “In a nonprofit, you can handle operating budgets, event budgets, business plans for new services or services, and Santopietro speaks to community organizations on the same day.

3. Different responsibilities can help advance your career

“Joining a nonprofit before you graduate from college will mean you have more responsibility in your career,” says Tasia Duske, CEO of Museum Hack. By working for organizations that tend to have lean budgets and staff, you can start working on important tasks early on in your career — and that experience can be a turning point. huge plus. continue as you advance in your career, but don’t overlook the value of learning more about what you’re not a good fit. Maybe you’re great at keeping your budget in line, but you’re not good at coordinating events. Learning this can be a bit daunting, but having the opportunity to try out or support a variety of jobs can help you focus on your future plans.

4. You may be eligible for student loan forgiveness programs

Many business positions that nonprofits need to fill require a bachelor’s degree. If you’re afraid you can’t afford a degree program, remember that nonprofit careers can come with benefits — such as student loan forgiveness — that are not accessible to anyone. with those who choose the corporate path. for their student loans and those working full-time for a 501(c)(3) nonprofit may be eligible to apply for the Service Loan Forgiveness Program. Public (PSLF). If you meet all the necessary requirements, this program will forgive the remaining balance of your student loans.

5. Connected working environment

Private-sector business careers often get a bad reputation as a hamster wheel of tasks that feel cold, boring, or detached from the world. However, working in the nonprofit sector gives employees the sense of connection that comes from working together on a common mission to do good. Read more: | Top Q&A “Another benefit of working at a nonprofit as a business professional is working with other smart people who have similar values ​​to yours,” says Duske . “A non-profit organization with a strong mission and guiding principles that deliver value to its employees.”

Why Nonprofits Need Business Majors

You may be surprised to learn that nonprofits are in need of business-savvy employees because their goals aren’t around money. “Nonprofits are businesses that don’t aim to generate profits for their shareholders, but that doesn’t mean they don’t have a lot of money!” Santopietro said. “Nonprofit organizations are under as much pressure to conduct their business in a professional, organized, and financially responsible manner as for-profit businesses and having a Good business professionals can be critical to a nonprofit’s success,” said Santopietro. In addition to money management, business professionals play an important role in helping the nonprofit sector achieve its goals and operate strategically. “Bringing business acumen to nonprofits can help make that nonprofit more efficient, which will allow the nonprofit to advance its mission,” says Cohen. and better serve the community”. Cohen said the needs of a for-profit company. “Nonprofits need finance staff, operations staff, operations staff. People with a business major can be the chief financial officer, chief executive officer or chief executive officer of a nonprofit, just as they can do business with a for-profit. “Here are just some of the positions that business degree holders need to fill for nonprofits:

• Managing director
• Fundraising manager
• vice president
• Chief Executive Officer (COO)
• Chief Executive Officer (CEO)
• Financial management
• Human resources manager
• Grant of director rights
• Outreach specialist

A career that makes a difference

Now, you may find that your entrepreneurial skills can have a home working for a nonprofit organization instead of a large corporation. But first, you need to increase your business acumen and gain specialized skills that nonprofits are looking for. Not every business degree is right for your situation. Learn more about your options with our article, “A Beginner’s Guide to Business Degrees.” EDITOR’S NOTE: This article was originally published in 2014. It has since been updated to include information related to 2020. Read more: My Cat Is Very Hot And… box | Top Q&A

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