FMA Fiscal Management Series for Northern California Grantmakers
February 28 @ 9:30 am - 12:30 pm| $30
Charting a Course Toward Financial Resilience: Building the Planning Muscle
In uncertain times, it’s important for nonprofit organizations to plan for contingencies and anticipate both short- and long-term needs. Financial planning, which ranges from annual budgeting to multi-year projections, is about connecting programmatic goals to resource decisions. And while a strong financial planning function is critical, many organizations struggle to assess and refine strategy on an ongoing and “adaptive” basis. In this session, we will explore the skills and tools nonprofits must develop if they are to build their financial planning “muscle” and how funders can support them in this process.
Join Us To:
- Understand the importance of multi-year planning that is supported by nimble and flexible financial models
- Learn how scenario planning can help organizations be better prepared for growth as well as “rightsizing”
- Understand options for business model adjustments in response to external changes
About the Financial Management Series:
Starting in February, Hilda Polanco is leading a four-part series for Northern California Grantmakers to demystify what it takes to help grantees become resilient organizations. Session participants will dive into grantee financial resiliency, crafting long-term grants, and provide potential partnerships moving forward. This workshop is the second of the series. Each workshop has a cost of $30 per person. NCG members can register online here.