FMA Fiscal Management Series for Northern California Grantmakers
May 3 @ 9:30 am - 12:30 pm| $30
Resources for Financial Resilience: Human and Financial Capital
A nonprofit with adequate financial resources not only raises enough revenue to cover core operating expenses, but also maintains funds in reserve to buffer the organization against future uncertainty. In this session, we will explore the importance of the right mix of financial resources in ensuring financial resilience, as well as the critical role of another resource key to a nonprofit’s success: its people. Organizations that have a well-balanced leadership team with diverse perspectives and skillsets are at a distinct advantage from a resilience standpoint. We will explore what a successful leadership team looks like and how funders can support their grantees in developing leadership capacity, especially in the finance realm.
Join Us To:
- Gain an understanding of a nonprofit’s capital structure
- Explore the principles and mechanics of reserve funds
- Learn what a successful leadership team looks like
About the Financial Management Series:
Beginning February 1, Hilda Polanco is leading a four-part series for Northern California Grantmakers to demystify what it takes to help grantees become resilient organizations. The series will dive into grantee financial resiliency, crafting long-term grants, and provide potential partnerships moving forward. This workshop is part three of a four-part series. Each workshop has a cost of $30 per person. NCG members can register online here.