Linking Money to Mission in a Post-Recession Economy
Nonprofit Finance Fund (NFF) is pleased to provide Linking Money to Mission in a Post-Recession Economy for grantees of the Brooklyn Community Foundation on Thursday, April 15, 2010 from 1:30 until 4:30 PM at the Foundation’s offices. This half-day workshop is designed for Executive Directors and other senior staff and will engage participants in a discussion about how to incorporate financial goals into planning for a vibrant and viable future. Using real-life case studies, NFF will offer interactive exercises to help staff develop a stronger understanding of their current financial dynamics, and to work toward financial planning processes in consideration of underlying business models, and the full cost of providing healthy programming.
Linking Money to Mission in a Post-Recession Economy
This practical symposium offers nonprofit leaders the insight, tools, and guidance they need to budget beyond annual operating results - for financial strength and organizational longevity. Topics covered include:
- Review of key concepts in nonprofit finance
- Interpreting your financial statements to reveal the business models underpinning your programs
- Learning how the choices you make impact your organization’s financial health and viability over the long term
- Articulating your organization’s financial resource needs internally and to stakeholders
- Practical scenario planning and economic modeling: how to develop smart, strategic multi-year responses
The goal of this workshop is to help organizational leadership develop and use financial information to make better (and often difficult) decisions; to better communicate financial information to supporters, funders, and board members; and to familiarize participants with the range of services available through Nonprofit Finance Fund
Who: Brooklyn-Based Nonprofit Organizations
When: Thursday, April 15, 2010 from 1:30 PM – 4:30 PM
Where: Brooklyn Community Foundation
45 Main Street, Suite 409
Brooklyn, New York 11201
Register: Please complete a registration form and brief questionnaire by Friday, April 2
This workshop is made possible with generous funding support from Altman Foundation, in conjunction with Brooklyn Community Foundation.
About Nonprofit Finance Fund
Since its inception in 1980, Nonprofit Finance Fund (NFF) has become a national leader in meeting the financial and organizational needs of the nonprofit sector. NFF works to create a strong, well-capitalized and durable nonprofit sector that connects money to mission effectively. True to its mission, NFF has helped thousands of organizations strengthen their financial health and improve their capacity to serve their communities. NFF serves both nonprofits and their funders, offering an integrated package of financial and advisory services, including loans, asset-building programs, workshops, business analyses, and other consultations to help nonprofit managers understand the impact of management and program decisions on their finances.
NFF’s New York Program has worked with over 4,000 nonprofits in the New York area since 1980. Through our financial services, we have made over $160 million in loans to local nonprofits, and through our advisory and consulting services, we have delivered over 350 customized financial consultations since 2003. NFF New York also offers trainings, workshops and financial leadership clinics for nonprofit professionals across the five boroughs and in the greater New York City metropolitan area.
Associate Director, New York Program
Ms. Guthman manages the program’s many initiatives and funding relationships. In addition, Ms. Guthman is actively involved in the marketing of NFF’s services to new funders and partners in the New York City market and is responsible for the growth and development of NFF’s financial and advisory services businesses. Prior to joining NFF, Ms. Guthman worked at Local Initiatives Support Corporation (LISC) where she managed LISC’s federal funding operations and was responsible for spearheading LISC’s first-ever government development effort. Ms. Guthman has also worked on community development issues at the Fannie Mae Foundation, as well as in local government with the Los Angeles County Board of Supervisors. Ms. Guthman holds a Master of Public Policy in Community Development and Nonprofit Management from the University of Southern California and a BA in Religion and Political Science from Emory University.
Associate Director, Advisory Services
Renée Jacob rejoined NFF in January 2007 and works with Advisory Services to deliver the Nonprofit Business Analysis. Prior to returning to NFF, Ms. Jacob helped launch and manage the New American Schools Investment Fund, a social investment fund devoted to meeting the financing and technical assistance needs of nonprofit organizations and private companies operating in the K-12 public education sector. She has also worked on strategic charter school financing initiatives at the National Cooperative Bank Development Corporation. In her previous work with NFF, Ms. Jacob was part of the Financial Services team, responsible for underwriting, closing, and monitoring loans, and maintaining client relationships. Ms. Jacob holds an MBA from the Yale School of Management and an AB in History from Harvard University.
Associate, Advisory Services
Philip Rosenbloom joined NFF in January 2008 and works as an Associate for Advisory Services in the New York office. He is primarily responsible for providing financial analyses, customized clients engagements, and delivering workshops and trainings for nonprofit organizations in New York City. Mr. Rosenbloom previously worked as the Assistant Director of Payment Operations at the Conference on Jewish Material Claims Against Germany, a non-profit engaged in Holocaust reparations work. He holds a BA in Sociology from Oberlin College and an MA in Liberal Studies from New York University.