Join Grantmakers of Western Pennsylvania to view the live web stream of Bob Greenstein's (President of the Center on Budget and Policy Priorities) annual budget and tax briefing.
This workshop will focus on identifying key indicators of financial health as evidenced by grantees’ audited financial statements. It will provide grantmakers with the skills to understand their grantees' financial reality, with concepts and tools applicable to grantees across a range of missions and business models.
Using machine learning and big data from nonprofit IRS 990’s, foundation and other charitable giving, zip code level economic data, and population demographics, we can predict, among other things, which nonprofits will be financially healthy and why. Join us for a workshop with Pete York, evaluation expert and data scientist, who will share how these methods can help program officers, leaders and managers discover precisely what works, for whom and to use on-demand insights to achieve better outcomes.
Resources from the workshop: Assessing Grantees’ Financial Health and Long Term Sustainability: Nonprofit Financial Statement Analysis Training
Organizations with strong financial management are better able to fulfill their missions and deliver high-quality services. With Fiscal Management Associates, a leading financial management consultant for nonprofits, we've created this library of resources to help your organization become "fiscally fit."
This is the power point presentation from the program in Febuary 2014 - Assessing Grantees’ Financial Health and Long Term Sustainability. Hilda Polanco, Founder and Managing Director of FMA, a leading consulting firm dedicated to strengthening nonprofits led the workshop, focused on providing grantmakers with the skills to understand their grantees' financial reality.
The Economic Scenario Planning (ESP) Model, or "Stress Test," allows community foundations to create five-year forecasts to answer questions such as: What will be the impact of different investment performance scenarios on asset levels? What amount of grantmaking can we expect in the next few years? What happens to our economics if donors behave in different ways?
How can a grantmaker covert a concept into a specific request for proposals? Read about one grantmaker's efforts to build financial strength and program quality for community foundations in a casestudy from Grantcraft.