244: Banking On Purpose: Nonprofits, Money & Meaning In Uncertain Times with Kelly Skalicky

Joining Mallory today is the CEO of Stearns Bank National Association, Kelly Skalicky, a majority women-owned and governed financial services institution. Stearns Bank’s dedication lies in enabling individuals, entrepreneurs, small businesses, and local communities to reach their maximum financial potential. Nonprofit organizations across the United States face unique financial challenges in times of economic uncertainty. Often working with limited resources, they must navigate the challenges of fulfilling urgent community needs while maintaining strong financial planning. Banking relationships, access to capital, and creative partnerships are vital tools not just for survival but also for long-term impact. Flexibility, trust, and continuous focus on the impact are essential in times like this.  Kelly earned her juris doctorate from the William Mitchell College of Law and her B.S. in Education from the University of Minnesota. She joined us today to talk about how to navigate financial uncertainty with confidence, how to build a strong banking relationship, and how to find opportunities amid challenges.  In this episode, you will be able to: - Discover the importance of shared prosperity and the impact of financial empowerment. - Learn why it’s crucial to choose the right bank for nonprofits. - Explore the role of respect, understanding, and sharing values in uncertain times. - Learn about the importance of building connections before potential crises.  Get all the resources from today’s episode here.  Support for this show is brought to you by Donor Perfect. Our friends at Donor Perfect really understand fundraising on so many levels. Stay aligned while working online with a seamless and secure payments experience for your donors and your team. Empower donors to give where they are, whenever they like, automate data entry, and process online, monthly, and mobile payments, and accept payments over the phone. Connect with me:  Instagram: https://www.instagram.com/_malloryerickson/ Facebook: https://www.facebook.com/whatthefundraising YouTube: https://www.youtube.com/@malloryerickson7946 LinkedIn: https://www.linkedin.com/mallory-erickson-bressler/ Website: malloryerickson.com/podcast Loved this episode? Leave us a review and rating here: https://podcasts.apple.com/us/podcast/what-the-fundraising/id1575421652 If you haven’t already, please visit our new What the Fundraising community forum. Check it out and join the conversation at this link. If you’re looking to raise more from the right funders, then you’ll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point.