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
Financial Management Series
This workshop is part of a four-part series delivered by FMA. Each workshop has a cost of $30 per person, and the four-part series is $100. Please register in the box to the right.
Speaker
Hilda H. Polanco, CPA, CCSA®, CGMA
Founder and CEO, FMA
Hilda is the founder and CEO of FMA, the go-to capacity building firm that foundation and nonprofit leaders seek when they face financial management challenges.
Skilled at navigating the challenging relationships between nonprofit organizations and their foundation investors, Hilda understands “both sides of the desk” in a way that enables her to speak to the sometimes competing priorities and interests of grantors and grantees. She has worked with foundation leadership and program staff nationwide to increase the efficiency and effectiveness of their operations. In particular, Hilda has delivered training to Program Officers and extensive advisory services to foundations on improving and aligning their grantmaking with best-practices.
With more than thirty employees nationwide, Hilda has cultivated a staff that shares her vision of the benefits a financially savvy nonprofit and philanthropic sector can deliver to a broader community.
Hilda has served as an adjunct professor at Columbia University’s Department of Health Policy and Management. She is the Chair of the Board of Directors for the New York Better Business Bureau Foundation and serves on the Board (as Audit Committee Chair) for Acelero Learning, an organization that works with local communities to support high quality Head Start programs. She also serves on the Executive Advisory Board of the Harvard Journal of Hispanic Policy.
A sought-after thought-leader, Hilda has been invited to present at the Grants Managers Network (now PEAK Grantmaking) Conference, Exponent Philanthropy, and the GEO Conference. She has delivered several webinars on behalf of the Nonprofit Quarterly and published related articles in the print journal and online. Her capacity for clarifying difficult concepts for lay audiences has attracted the attention of journalists who have relied on her expertise in publications like Barron’s, Associations Now, and the Chronicle of Philanthropy, among others.
Hilda graduated from New York University with a B.A. in Accounting and began her career with Ernst & Young where she ascended to Manager before leaving to build a firm that would serve the particular needs of the nonprofit sector. In 1999, that firm became FMA.