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Strategic Financial Management for Nonprofits

Stewarding Your Financial Resources

This new one-day program focuses on financial leadership and its role in the long-term sustainability of nonprofits. We begin by building knowledge of your current framework and understanding your financial position. Then we examine the strategic aspects of financial leadership and how to create and communicate your financial vision.

Program Outline

How to Look at Financial Data: Susan Rucker

  • What are the numbers saying?
  • Are they saying the right things?
  • What’s the basis?
  • Internal communications

Financial Basics: Susan Rucker

  • What are financial statements?
  • Comparison to for-profit
  • GAAP regulations (new) and sustainability
  • Concept of margin

Business Models: Susan Rucker

  • What are they and what kind is yours?

Sustainability/Strategic: Randy Howard

  • Decision making and dashboards
  • Matrix map analysis
  • Implications
  • Board relations and donor relations
  • Forward funding and reserves

Are We Ready? Scott Warren

  • Financial leadership
  • Human capital
  • Internal controls
  • Financial health assessment

How Do We Know if It’s Working? Katie Gilstrap

  • External communications with donors, funders
  • Using infographics

Schedule & Registration

Review schedule and registration information below.

Financial Management for Nonprofits
Course Offerings (1)
Thursday, November 9, 2017; 
8:00 am - 5:00 pm
Instructors: Randy Howard Katie Gilstrap Scott Warren Susan Rucker
CRN: IOP118.FIN
Fee: $350
If eligible for UR Tuition Remission, the Tuition Remission benefit will not be refunded in the event of cancellation.
Description
This new one-day program focuses on financial leadership and its role in the long-term sustainability of nonprofits. We begin by building knowledge of your current framework and understanding your financial position. Then we examine the strategic aspects of financial leadership and how to create and communicate your financial vision. Topics covered include decision making, matrix map analysis, human capital, internal controls, assessment of financial health, and effectively communicating your financial position using infographics.

IOP logo

Institute on Philanthropy
Professional & Continuing Studies
28 Westhampton Way
Univ. of Richmond, VA 23173

Kathy Laing, Manager
Miriam Blackmon, Assistant
Phone: (804) 287-1290

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