In this workshop, Program Officers will discuss how key drivers of an organization’s business model are used to develop long-term financial plans. Budgets and long-range plans can provide a benchmark against which progress toward strategic goals can be monitored and measured.
This session will include the following:
- Understanding and managing financial risk
- Multi-year financial planning to support sustainability and growth
- Financial modeling and forecasting practices
- What comes first: expansion of programmatic activities or building supporting infrastructure?
Since their founding in 1999, FMA’s primary mission has been to empower not-for-profit organizations with the knowledge and skills they need to successfully serve their constituents and fulfill their missions. FMA provides capacity-building technical assistance, including organizational consultation and training, using an approach tailored to individual organizations and their specific needs. FMA serves nonprofit organizations, empowering them to effectively manage their resources and position themselves for stable, long-term growth.
Hilda H. Polanco is the founder and CEO of FMA. She has led FMA to become the go-to capacity builder foundation and nonprofit leaders seek to address nonprofit financial management issues.
A nationally recognized and sought after leader in the field, Hilda serves the sector in many ways. Since its inception, Hilda serves on the selection committee of the New York Nonprofit Excellence Awards, established by the New York Times and the Nonprofit Coordinating Committee. Hilda also is an adjunct professor at Columbia University’s Department of Health Policy and Management, as well as on faculty with the Donor’s Forum of Chicago. (See Full Bio)
Program Officers involved in planning discussions with grantees.
These workshops are open to all NCG Members.
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This workshop has a $35 fee for members, and $50 fee for non-members.