Dealing with windfalls Most nonprofits spend their time worrying about to find more support. Here, Dennis Young advises on what do to when you get lucky.
by Dennis R. Young
Financial Management For All Senior Managers? Why This? Some years ago, while giving a seminar to top managers of nonprofit organizations, I was asked by one why it was necessary for top managers to immerse themselves in understanding finance when it was possible for them to hire good accountants. This question has led me on a mission.
by Herrington J. Bryce
This piece explores the critical dimensions of and ways to predict, the financial sustainability of a nonprofit.
by Keating, Fischer, Gordon and Greenlee
Long-Term Debt Management Borrowing to undertake capital projects can help an organization grow. But, if not done properly, it can kill one. Consider the true stories of two organizations.
by Woods Bowman, Ph.D.
Task Force Report; Investment and Expenditure Strategies Investment and expenditure decisions of nonprofit organizations should adhere to the concept of "modern prudent investing" as embodied in current law. This Task Force Report explores how a nonprofit can make these decisions well.
by Marion Fremont-Smith
Some Thoughts About Endowments While not every nonprofit organization is so blessed, many nonprofit institutions do establish and maintain endowment funds, and need to make decisions about building them up, spending them, and investing the funds.
by Dennis R. Young
A piece that addresses two key dimensions of financial management that have attracted little attention in the guidance given to nonprofits. The paper arose from the work Woods Bowman did for a chapter of "Financing Nonprofits.."