Foundation boards and leaders work hard to change the world for the better. Forward-thinking foundations want to ensure that their program officers’ expertise is complemented with nonprofit finance knowledge and that their grantees are sustainable with strong infrastructures that support their programs. Developing well-rounded, knowledgeable program officers and strong grantee organizations are goals every foundation supports. Understanding how to actualize these goals is core to FMA’s mission. Here’s a few ways the FMA team works with foundations and their grantees: Foundations

  • Implementing grantmaking decision protocols that integrate financial and program data
  • Building program officer financial management knowledge and skill
  • Establishing systems to analyze portfolio performance
  • Designing systems that calculate grantee per unit costs that tie budgets to impacts
  • Performing research that educates sectors on financial management and administrative needs at the organizational level


  • Designing and executing cohort-level interventions that strengthen sector wide financial management capacities
  • Resolving financial management issues that can impede program effectiveness
  • Developing leadership financial management knowledge and skills
  • Acting as interim financial advisors to ensure stability during difficult transitions

Please click the links below to learn more about how FMA helps foundations. Consulting Outsourcing Training


“The invaluable and practical information obtained from Hilda Polanco’s training called Foundations Due Diligence for Small and Family Foundations yielded immediate results for my organization. 

The interactive training and peer learning session helped me recognize the areas critical to identifying grantee financial health and provided the tools necessary to immediately improve our due diligence process. Thank you Hilda and FMA!”

– Leigh Gibson, Senior Program Officer, Fund for NJ

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Hilda H. Polanco, CPA, CCSA®,CGMA

Founder and CEO
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