As the financial crisis of the past decade and the difficult-to-forecast political and economic future have shown, it is imperative that organizations understand the financial risk factors they face.
A recently released study of nonprofit financial health (based on 990 data) by SeaChange Capital Partners, Oliver Wyman and GuideStar—“The Financial Health of the United States Nonprofit Sector: Facts and Observations”—shows that dramatic improvements are needed to bring stability to vital programs and to the communities they serve. These national findings echo studies done by the same groups in New York and Philadelphia.
Ruth McCambridge, founder and Editor in Chief of the Nonprofit Quarterly, will host this webinar, in which we’ll explore tactics to create more resilient nonprofits.
In this webinar, we will identify tactics to strengthen the financial resiliency of your nonprofit.
Participants will gain an understanding of:
- What’s at stake: The importance of financial risk management for nonprofits and for the community members they serve.
- What can be done: Steps that organizations can take to better manage their financial health and financial risks will be explored. These include steps that can be immediately implemented and those that are potentially transformative over time.
- How your nonprofit compares: A community snapshot can aid in putting a particular nonprofit’s financial health in context among its geographic peers.
- Ways to assist: Roles that board members and funders can play in facilitating a dialogue to support nonprofit fiscal health.
Presenters:
- Phil Fitzgerald, Director of Grantmaking, The Philadelphia Foundation
- John MacIntosh, partner and board member, SeaChange Capital Partners
Register online. This webinr is free but advanced registration is required.
If you can't attend the live webinar, register to receive a recording.
You can send your questions to editorinchief@npqmag.org to have them answered during the web event.