Financial Stewardship in Action: Leading Food Banks through Crisis
Release Date: 04/04/2025
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Hosted on March 27, 2025, the purpose of The Charity Leader Summit was to provide charity leaders with examples of the best mindsets for overcoming leadership challenges.
At Cause leadership, we have helped 100s of charities find their next senior leader, and we have learned firsthand how the right leadership mindsets help shape the strongest team cultures and dynamic.
In this episode, Dave Hutchinson speaks with Meghan Nicholls, CEO of Food Banks Mississauga on the topic of Financial Stewardship – Navigating funding and sustainability wisely.
In this conversation, Meghan discusses the challenges faced by food banks in the context of rising food insecurity in Canada. She shares insights on leadership, financial stewardship, the importance of community support, and the role of government in addressing the root causes of food insecurity. The conversation highlights the need for authentic communication with boards, the mental health challenges faced by nonprofit leaders, and the potential for mergers and collaborations in the nonprofit sector to enhance sustainability.
Chapters
00:00 Introduction to Foodbanks Mississauga and Leadership Journey
02:15 Challenges of Leading a Food Bank
05:11 Financial Sustainability and Fundraising Strategies
07:52 Mental Health and Support Systems for Nonprofit Leaders
09:42 Advice for Other CEOs in the Nonprofit Sector
11:21 Future of Food Banks: Mergers and Collaborations
14:29 The Role of Government in Food Security
17:48 Current State of Food Banks and Future Concerns