Linking Money to Mission: Understanding Nonprofit Financial Health (GMI Day 4)

Wednesday, March 7, 2018 -
9:00am to 2:00pm
Forefront Large Conference Room
208 S. LaSalle Street, #1535
This event is open to: 

Grantmaker Members of Forefront and  the general public.

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This session will provide an understanding of the key elements of nonprofit financial sustainability and how best to integrate financial analysis with your grantmaking practice. Using examples, we’ll review nonprofit statements of activities and financial position and explore how these statements can be used together to inform grantmaking. We will also review the fundamental concepts and structure of nonprofit audited financial statements, discuss techniques for interpreting this data and incorporating it into decision making; and explore how to set goals that help maintain financial health.

This session is best suited to the needs of grantmakers for whom financial due diligence is a component of the grantmaking process and who are either new to assessing nonprofit financial data or who would like a refresher on the fundamental principles of finance in the nonprofit sector.

Faculty: Nima Krodel and David Portalatin, Nonprofit Finance Fund

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