Nurse’s Guide to Nonprofit Management
Are you a nurse who’s interested in moving into nonprofit management? Our guide provides information about master’s degrees in nonprofit management, career options, and salaries. Nurses have valuable skills that can be transferred to nonprofit management, especially in the healthcare sector. These career opportunities are often appealing to nurses who want to transition to administrative roles.
Nonprofit organizations often focus on community and population health or specific health conditions, with professionals working in hospitals and long-term care centers. According to a report by the Urban Institute in 2019, around 12% of public charities are health-related organizations. These organizations accounted for a significant portion of public charity revenues and expenses in 2016.
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This comprehensive guide explores roles in nonprofit management, educational paths for entering this field, as well as information about potential careers and projected salaries.
What Is Nonprofit Management?
The U.S. Bureau of Labor Statistics (BLS) classifies nonprofit managers as fundraising managers. Their responsibilities include creating and executing fundraising strategies, communicating with potential donors, planning events, and applying for grants.
Nursing skills align well with the abilities required for nonprofit management, such as leadership, organization, problem-solving, and communication. Nonprofit managers work in various settings including hospitals, universities, charitable foundations, professional organizations, and research programs.
Prominent examples of nonprofit health organizations include the American Cancer Society, the American Nurses Association, the American Red Cross, and Doctors Without Borders.
Nonprofit Management Degree Overview
Nurses with a Bachelor of Science in Nursing (BSN) can find employment, but some positions may require a Master of Science in Nursing (MSN) or a master’s degree in nonprofit management. Getting certified in fundraising, like the credentials offered by CFRE International, can enhance job prospects.
BSN vs. MSN Degree: Which is Best?
Master’s degree programs usually take about two years to complete, either online or in person, with full-time and part-time enrollment options. These programs often include internships and culminate in capstone projects.
Courses in nonprofit management cover topics like philanthropy, policy economics and development, public management, and strategic planning. Many MSN programs offer administrative and leadership tracks with coursework in finance, operations management, healthcare economics, and health policy and advocacy. The choice of master’s degree depends on the organization’s needs and the applicant’s career goals.
Admission to master’s degree programs typically requires a bachelor’s degree and a minimum undergraduate GPA of 3.0. An MSN program requires a registered nurse license and prerequisite coursework in statistics, anatomy, physiology, and microbiology.
What Can You Do With a Degree in Nonprofit Management?
A master’s degree in nonprofit management opens up various career possibilities, including the following:
1. Advocacy Director: Collaborates with stakeholders to advance the organization’s mission and secure funding.
2. Education Coordinator: Manages projects that raise awareness about the organization’s mission.
3. Fundraiser: Develops and executes fundraising strategies to gather donations.
4. Grant Writer: Researches funding sources and prepares proposals.
5. Nonprofit Manager: Handles personnel management and resource allocation.
6. Program Director: Develops and implements program strategies.
As of May 2021, the BLS reports a median annual salary of $119,860 for fundraising managers. Their median salaries are $102,720 in educational services and $126,780 in hospitals. Employment for fundraising managers is projected to grow by 10% from 2021 to 2031.
Frequently Asked Questions About Nurse Nonprofit Management
What can nurses do in a nonprofit organization?
While clinical roles are available, many nurses opt for non-clinical, administrative positions. Nonprofits in healthcare often focus on specific health conditions or community health.
Nurses with medical backgrounds are hired to design health-related programs aligned with the organization’s focus.
What skills are important for nurses in nonprofit management?
Successful nurses in nonprofit management are flexible, proactive, and organized. They excel in collaboration and communication and deeply understand the organization’s mission. Dedication to organizational goals enhances their work quality.
Do nonprofits pay well?
As of April 2023, nonprofit management workers earn an annual salary of $56,390 according to Payscale. Base salaries vary from approximately $41,000 to $81,000 based on qualifications, experience, responsibilities, location, and organization size/type.
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