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Nonprofit Executive SuccessionPlanning Toolkit Fe d e r an l Re s e RV e Ba n k o f D e n v e r O k l a h o m a Ci t OK an n s an s Ci t y O m a h aForeword The Federal Reserve Bank of Kansas City

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How to fill out nonprofit executive succession-planning toolkit

01

Start by reviewing the nonprofit executive succession-planning toolkit to familiarize yourself with its contents.

02

Identify key stakeholders in your organization who should be involved in the succession planning process.

03

Evaluate the current leadership team and identify potential gaps in skills and experience that may need to be addressed through succession planning.

04

Use the toolkit's templates and guidelines to create a succession plan that outlines the process for identifying and developing future leaders.

05

Develop a system for identifying potential successors and creating development plans for them.

06

Implement the succession plan by regularly reviewing and updating it, as well as monitoring the progress of potential successors.

07

Communicate the succession plan to all relevant stakeholders and provide training or support as needed.

08

Continually evaluate the effectiveness of the succession plan and make adjustments as necessary to ensure its success.

Who needs nonprofit executive succession-planning toolkit?

01

Nonprofit organizations that have key executive positions that may require succession planning.

02

Nonprofit organizations that want to ensure smooth leadership transitions and minimize disruptions in operations.

03

Nonprofit organizations that value long-term sustainability and want to build a pipeline of future leaders.

04

Board members and executive directors of nonprofit organizations who are responsible for strategic planning and organizational development.

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What is nonprofit executive succession-planning toolkit?

Nonprofit executive succession-planning toolkit is a set of resources and tools designed to assist nonprofit organizations in preparing for leadership transitions.

Who is required to file nonprofit executive succession-planning toolkit?

Nonprofit organizations are required to file the executive succession-planning toolkit.

How to fill out nonprofit executive succession-planning toolkit?

The toolkit can be filled out by following the instructions provided in the resource materials.

What is the purpose of nonprofit executive succession-planning toolkit?

The purpose of the toolkit is to help nonprofits plan for leadership changes and ensure a smooth transition.

What information must be reported on nonprofit executive succession-planning toolkit?

The toolkit may require information such as current leadership roles, potential successors, and transition plans.

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