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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability.

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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. Bookkeeper. Accountant.

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The Importance of Establishing Operating Reserves for Nonprofits

Stanford Social Innovation Review

By Christine Hunt One of the most impactful grant programs the Kendeda Fund has ever undertaken was funding our nonprofit partners’ operating reserves. While living that close to financial insolvency may be common, it is extremely risky for any nonprofit, not just those whose funders are sunsetting.

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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

If there was ever a time to start focusing on building a rainy day source of funding for your nonprofit, that time is now. I’m talking about the importance of building a savings plan into your existing financial management strategy. . Your board chair is concerned with governance responsibilities. You need that too. In summary.

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What To Do About Fundraising’s Dark Side

The Agitator

As Craver points out, not only do the organizations topping CIR’s worst list engage in misleading fundraising, they do so by piggybacking the brands of ethical nonprofits. Fortunately, nonprofits and the for-profit professionals who support them are very good at this. Note: Industry leadership will also boost your career!).

Ethics 83
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Accounting Basics for Nonprofits - A Primer for Non-Finance Leaders

Nonprofit Fixer

When you’re busy leading a nonprofit—developing program strategies, cultivating donors, supporting staff—thinking about accounting and finance can feel like an afterthought. But to be successful, nonprofit leaders need a functional grasp of the basics of nonprofit accounting and financial management.

Finance 52
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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. The contract award, in short, was a huge win, but for CRH leadership and staff, celebration quickly turned to concern. Yet even after having been awarded an $11.2 In Search of Capital After being awarded the $11.2