Nonprofit Financial Strategy in Response to Crisis

10:00-12:00pm Pacific | 11:00-1:00pm Mountain | 12:00-2:00pm Central | 1:00-3:00pm Eastern

The current public health crisis has disrupted nonprofits’ operations and funding sources, with longer-term impacts that remain unknown. Organizations face immediate budget impacts and potentially serious threats to sustainability. Organizational leaders need help to navigate through this situation and bring board and funders along to a place of greater sustainability. That is what this webinar is all about.

Over two hours, participants will gain the information needed to visualize and chart a financial strategy that proactively addresses the short- and longer-term impacts of the crisis. You will receive a toolkit of information to support your learning and to bring back into the life of your organization. We know you can’t do this alone, so we’ll make sure you have tools to bring your colleagues along with you.

Topics we will cover include:

• Understanding and using metrics for financial health and performance
• Components of a robust financial strategy
• Symptoms and causes of nonprofit business model challenges
• Addressing COVID-era financial challenges
• Leading through financial storytelling.

PRESENTERS

Scott Schaffer, Principal, Public Interest Management Group

Scott is a nonprofit sector thought leader on financial sustainability and organizational structure. As past CEO of organizations in the health, housing, and environmental fields, he’s led financial turnarounds and built resilient organizations. As a management consultant, he’s coordinated over 25 merger and restructuring projects and helped over 100 nonprofits chart courses toward financial health. Scott has a background in finance, economics and behavioral science, and has led a range of nonprofit management training workshops in the US and Canada.

Nancy Bacon, Principal, Nancy Bacon Consulting

Nancy is a teacher and instructional designer who has served in the nonprofit roles of executive director, founding program director, board member, and volunteer since 1996. She led the teams creating Washington Nonprofits’ finance and board learning tools and regularly teaches on nonprofits topics in communities across Washington. She currently leads Nancy Bacon Consulting, a practice focused on learning and leadership in the nonprofit sector and is co-host of the Nonprofit Radio Show.

In partnership with: