Finance

While the economy has certainly affected the nonprofit sector, philanthropy is still strong and people are still giving to charitable organizations. Learn strategies for your fund development efforts and increase contributed income for your organization.

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2012 MFH Capacity Building-Technical Assistance Grants Now Open

Request for Application for the 2012 MFH Capacity Building-Technical Assistance Grants Program Now Available! Learn more about the RFA

Pre-Application Training Webinar Rebroadcast

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Strategic Fundraising for Nonprofit Organizations Seminar
Deadline: February 3, 2012

Download Application (PDF) or Access an Online Application

2012 MFH Capacity Building-Technical Assistance Grants Now Open

Request for Application for the 2012 MFH Capacity Building-Technical Assistance Grants Program Now Available! Learn more about the RFA

Pre-Application Training Webinar Rebroadcast

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Nonprofit Buzz

Nonprofit Trends Watch

The Meyer Foundation and CompassPoint Nonprofit Services released The Board Paradox, completing a series of three briefs based on a national study of more than 3,000 nonprofit executive directors. The briefs report survey results and findings not included in the Daring to Lead 2011 main report, which was released in late June.

Nonprofit Finance

"Financial management is a major responsibility of the nonprofit chief executive -- unless the board decides otherwise, which is risky and rare. It's not uncommon for nonprofit founders and chief executives at first to have very limited skills in financial management. However, they should quickly develop at least basic skills in financial management, including in the critical areas of managing operating and program budgets, bookkeeping, financial controls, cash management, financial statement generation and analysis, and taxation." Carter McNamara, PhD, Authenticity Management

FINANCE

Web Links and Resources
Publications

IRS | http://www.irs.gov/charities/index.html

Official IRS website

IFF | www.iff.org

IFF is the largest community development financial institution (CDFI) exclusively serving nonprofit corporations in the Midwest. IFF provides flexible, below-market financing for nonprofit corporations serving low-income and special needs populations, connecting them with the capital they need to acquire or improve their facilities, to purchase equipment or vehicles, and to build net assets.

The Finance Project | www.financeproject.org

The Finance Project is a specialized non-profit research, consulting, technical assistance and training firm for public and private sector leaders nationwide. We help leaders make smart investment decisions, develop sound financing strategies, and build solid partnerships that benefit children, families and communities.

The National Center for Nonprofit Enterprise | www.nationalcne.org

The National Center on Nonprofit Enterprise (NCNE) helps nonprofits make wise economic decisions.

Nonprofit Finance Fund (NFF) | www.nonprofitfinancefund.org

Nonprofit Finance Fund (NFF) connects money to mission success through innovative practice, consulting and direct investment in social sector organizations.

Blue Avacado www.blueavocado.com

Financial Publications Capacity Building Digest by IFF http://www.iff.org/images/IFF_PDFs/ReportsArchive/cbd_series_1.pdf

Bookkeeping Basics -- What Every Nonprofit Bookkeeper Needs to Know by Debra L. Ruegg and Lisa M. Venkatrathnam, published by Fieldstone Alliance.

Explains all aspects of developing and successfully managing systems to track and spend nonprofit finances. This book helps everyone meet their responsibilities about finances!

Financial Leadership for Nonprofit Executives by Jeanne Bell and Elizabeth Schaffer

Guide your organization to financial sustainability Making sure that your nonprofit is going to be around long-term requires financial leadership. This means creating a financial vision for your organization and planning how youll get there. Financial Leadership for Nonprofit Executives gives you the framework, specific language, and processes to lead with confidence.

Bookkeeping Basics: What Every Nonprofit Bookkeeper Needs to Know by Debra L. Ruegg and Lisa M. Venkatrathnam

Bookkeeping Basics will enable you to successfully meet the basic bookkeeping requirements of your organization. It gives you the knowledge and skills to track the financial activity of your nonprofit in a way that brings order out of chaos, safeguards the organization's assets, and provides useful information for making sound decisions.

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