Booth Alumni
Nonprofit Consultants

Chicago Booth Alumni Special Interest Group

Nonprofit Opportunities

BANC offers pro bono expertise from alumni of one of the top business schools in the world.

In typical BANC projects, teams of 5-6 alumni consultants work closely with nonprofit executive directors, boards, and other stakeholders to meet objectives over a 6-month period. BANC consultant teams have completed 28 projects to date, delivering significant value to their nonprofit clients. 

“The caliber of support and generosity of spirit towards a nonprofit, non-paying client was unexpected and surprisingly uplifting for all those that worked with two BANC teams. The data analyses conducted, the presentation decks, and the interactions with board members and staff were top tier.”

- Emilia DiMenco, President and CEO, Women’s Business Development Center

What BANC Can Do for Your Nonprofit

BANC projects support nonprofits in the following areas:

  • Community Engagement Strategy - BANC teams can assess the current level of engagement, identify new and emerging trends in the community, and help develop services and marketing programs to increase awareness and outreach.

  • Financial Analysis - BANC teams can evaluate current financial situations, develop budgets and projection models for existing and new service offerings, assess current risks to financial operations and provide benchmarks and recommendations for long-term sustainability.

  • Growth and Strategic Planning - BANC growth and strategic planning projects evaluate alignment with mission, vision, values; assess market, client impact, and programs; and develop strategic objectives.

  • Marketing Strategy - BANC teams can help maximize marketing investment through data-driven market research and competitive intelligence to prioritize target markets/segments, develop differentiated positioning, and align opportunities with recommended marketing initiatives.

  • Operations Evaluation, Process Development - BANC teams can help evaluate and adjust existing operational structure and processes to ensure that they support the mission, vision, and capabilities.

  • Performance Measurement, KPIs, Dashboard Design - BANC teams can help identify the most meaningful and relevant high-level metrics/KPIs to support data-driven decisions and demonstrate progress and impact to the board, funders and other stakeholders.

  • Program Evaluation and Alignment - BANC consultants can review existing programs and provide actionable recommendations for improvements.

  • Social Enterprise - BANC consultants can help develop new revenue opportunities that supplement existing funding sources.

BANC does not provide development/fundraising strategies or advertising materials and does not implement recommended strategies.

See our Impact & Past Projects page for examples of past clients and engagements.

Nonprofit Eligibility

To be considered, nonprofits must meet the following criteria:

  • Be a 501(c)(3) or operate in the public sector.

  • Be in the Chicago area.

  • Have an annual operating budget of at least $500,000.

  • Have a full-time, paid, Executive Director who has been in place for at least one year.

  • Have additional paid staff members.

  • Must not be undergoing a transition in board leadership.

  • Have resources to implement change.

  • Have a board that approves the goal and scope of the project.

Clients are chosen based on both the merit of the project and the ability of the engagement to attract volunteers.  

Click here to download this information as a PDF.  

Nonprofit applications will be available in November 2021 and due in mid-January 2022 for our next round of projects starting in April 2022.

Please click here to submit an interest form for our next project cycle.


Want to learn more and get on our mailing list?

NONPROFITS
Click here to submit an interest form and someone from our Nonprofit Relations committee will contact you.

ALUMNI
Click here to submit an interest form and someone from our Alumni Volunteer Relations committee will contact you.

Are You Ready to Apply?

NONPROFITS

Thank you for your interest. Our application deadline has passed but please click here to fill out an interest form for a future project cycle. Nonprofit applications will be available in November 2021 and due in mid-January 2022 for our next round of projects starting in April 2022.

ALUMNI

Thank you for your interest. Our application deadline has passed but please click here to fill out an interest form for a future project cycle. Alumni applications for our next round of projects will be available in February 2022.