Remove Governance Remove Leadership Remove Nonprofit Finance
article thumbnail

Financial Sustainability for Nonprofits: 4 Considerations

Ann Green

These guidelines govern how your team members handle your organization’s funding as they perform their daily tasks. In it, include guidance on gift acceptance, conflicts of interest, expense reimbursement, and staff compensation, among other aspects of nonprofit finance. Methodology. Chief financial officer (CFO). Bookkeeper.

article thumbnail

What’s Next for Community Development Finance?

NonProfit Quarterly

The CDFI fund, Jacokes noted, became a rare government program that provides equity awards, which can be used for financing capital, loan loss reserves, capital reserves, or operationsthink of it as the federal government equivalent of philanthropic operating support rather than the federal norm of program-restricted funding.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success

The Charity CFO

For example: A government grant might prioritize detailed evidence of your programs efficiency and sustainability, including administrative costs and compliance plans. The Charity CFO Financial Blueprint What the best-run nonprofits do differently Download your FREE copy here! Whats New at The Charity CFO?

article thumbnail

The Importance of Establishing Operating Reserves for Nonprofits

Stanford Social Innovation Review

A minority of nonprofits have more than six months of cash in reserve, according to reports like the Nonprofit Finance Fund’s State of the Sector ; many have less than three months of operating reserves on hand. A plan showing the group intended to raise at least 12.5 million in reserve funds for the 32 grantee partners.

article thumbnail

Toward Sustainability: 4 Nonprofit Financial Management Tips

Marketing for the Modern Nonprofit

Guest Blog by Jon Osterburg of Jitasa In recent years, “sustainability” has become a buzzword for many fields and practices, and nonprofit finances are no exception. Your organization’s leadership team has likely discussed how to create a “sustainable” funding model to fuel “sustainable” growth. Chief financial officer (CFO).

article thumbnail

What To Do About Fundraising’s Dark Side

The Agitator

I don’t care if you are brand new to the industry or an old hand – you need to understand the industry rules governing our business. Lean on the AFP and DMA to use their muscle on behalf of honest nonprofits and fundraisers like you. Note: Industry leadership will also boost your career!). Jennifer Phillips.

Ethics 83
article thumbnail

Your Nonprofit Needs To Establish A Rainy Day Fund. Here’s Why That Is And How You Can Convince Others To Get On Board.

Bloomerang

Your board chair is concerned with governance responsibilities. Your finance chair is concerned with prudent financial management. If applicable, find out how they persuaded their leadership to start their rainy day fund. Your chief financial officer is concerned with financial strength. In summary.