How can funders best support equity, inclusive economies and opportunity for all when grantees are struggling to keep their doors open? To move the needle on these vital issues, it is not just about WHAT you fund, but HOW you fund.
The social sector is in the midst of a radical transformation – and your grantees are being buffeted from all sides. If your programmatic strategy is still based in a world with Blockbuster Video and MySpace, are you really going to achieve your outcomes? If your grantmaking strategy was developed in a world before Impact Investing, Social Impact Bonds, and Citizen’s United, are you really maximizing your potential?
For grantmakers, knowing how to evaluate a grantee's current financial health is more important than ever. But getting the number you need to make better grantmaking decisions can be confusing, counter-intuitive and frustrating. This highly interactive and engaging workshop will help grantmakers analyze audits, IRS Form 990’s and other financial documents to identify the key pieces of financial data they need to make better grantmaking decisions.
Social Impact Bonds, Pay for Success, Impact Investing, Hybrids, B-Corps, PRIs, MRIs, Social Entrepreneurship. Just what exactly is all this buzz about? In many ways, it is ultimately about increasing the size of the pie. It is about thinking of new ways to attract more money from either the private sector or government to address the challenges we are facing in our local communities. How can nonprofits develop new and innovative approaches that increase impact? How can funders better leverage their assets to drive mission outcomes?
For grantmakers, knowing how to evaluate a grantee’s current financial health is more important than ever. Given today’s rapidly changing social sector, it is imperative that grantmakers have a comprehensive picture of a grantee’s financial performance - particularly in times of economic and political uncertainty.
By aligning grant dollars to the financial and business needs of nonprofit organizations, grantmakers can better support nonprofit financial sustainability and leverage their limited resources to achieve better and more results. But in order to do so, it is critical that grantmakers have the ability to assess the financial health and condition of the organizations they support.
These highly interactive and engaging workshops will provide grantmakers with the tools to better understand nonprofit financial health, especially in uncertain economic times, and to engage grantees in discussions about financial management challenges.