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...where McKinley Carter advisors and journalists from highly-respected publications discuss the wide range of forces and factors impacting our clients’ total financial situation – now and in the future. Start with our featured posts below or search by post topic.

Kathleen McDermott

Kathleen A. McDermott serves as Business Development Manager and Director of Nonprofit Advisory Services.

As Business Development Manager, she works with executives, regional directors, and service line directors to develop strategies to achieve business development milestones. As the Director of Nonprofit Advisory Services, Kathleen is responsible for working with nonprofit clients in the areas of planning, fund development, and governance.

Having previously raised over $30 million in annual fund campaigns, capital campaigns, grant proposals, and other fund raising activities, Kathleen has extensive experience managing nonprofits, strategic planning, implementing fund raising campaigns, and working with nonprofit Board of Directors. Her executive experience provides her with detailed insights on the function of a nonprofit’s investments, the obligations of executives and board members as fiduciaries, and working with finance committees and investment advisors.

Kathleen joined McKinley Carter following a successful tenure as President of Oglebay Institute, one of Wheeling’s largest nonprofit organizations. She has also served as a consultant for many regional nonprofits including The Oglebay Foundation, Tamarack Foundation, WV Education Alliance, Wheeling Jesuit University, YMCA of Wheeling, and more.

Kathleen has a Master in Arts Management from the Heinz College at Carnegie Mellon University and a Bachelor of Fine Arts from Dickinson College. She earned the CFRE - Certified Fund Raising Executive (inactive) and participated in numerous nonprofit continuing education courses including Commonfund’s Endowment Institute at Yale University.

Posts by Kathleen McDermott

Kathleen McDermott
Kathleen McDermott

It’s officially the holiday season – a time of family, friends, and recognition of our blessings. It’s also a time that many generously choose to donate to their favorite charities. Unfortunately, this is also the time when those with unscrupulous motives prey on the unsuspecting. While we would hope we could spot a charity scam, sometimes it’s difficult especially when it’s one that pulls at our heart strings. Here are three crucial tips to ensure you don't get duped by a charity scam.

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While very few of us can give at the levels of famous philanthropists Bill Gates and Oprah Winfrey, we still have more financial resources to make a difference in our communities than we may realize. Here are some important factors to consider when you wish to leave a lasting legacy.

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Knowing and appropriately cultivating your major donor prospects should be an ongoing practice for all nonprofit organizations. Learn how to create an actionable plan for each of the five donor archetypes.

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What are the four categories of fiduciary decision-making that all nonprofit board members provide? Learn more here.

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While very few of us can give at the levels of Melinda Gates or Oprah Winfrey, women still have more financial resources to make a difference in their communities than they may realize. Here are some important factors to consider to leave a lasting legacy.

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Before you agree to serve on a nonprofit board, ask the right questions about the nonprofit's expectations so the experience is a meaningful one for both of you

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In financial planning, we begin discussing year-end matters, such as deferring income, and harvesting tax losses, well before the end of the calendar year.

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