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Reply To: Session 1: Your Board’s Approach to Finance – Role, Judgment, and Stewardship

I like the emphasis on stewardship here because board finance should be about more than simply checking whether the numbers balance. Board members need enough…

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Reply To: Implementing the new lease accounting standard – your experience

The lease standard certainly gave many finance teams a new hobby that nobody asked for. I think the hardest part is often gathering complete and…

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Reply To: Has new individual donor landscape changed your financial infrastructure? HOW?

The changing donor landscape seems to have made financial forecasting rather more adventurous. I think one important shift is bringing fundraising and finance data closer…

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Reply To: Permanently Crowdfunded: Questions ahead of today’s webinar

There are some interesting questions here, Mark. I would keep an eye on recurring giving because crowdfunding can be a good way to introduce people…

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Reply To: Individual Giving: Questions ahead of today’s webinar

Thanks for bringing these questions together, Mark. Donor retention seems to sit quietly underneath quite a few of the issues raised. Small, regular contact can…

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Reply To: Cash Flow Webinar — Let’s Keep the Discussion Going!

There is plenty to unpack in this discussion. Excel remains perfectly capable for many smaller organisations, particularly when the system is kept tidy. Reimbursement delays…

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Reply To: Financial Oversight Role of Boards Webinar – Let’s Keep the Discussion Going!

The point about board members forgetting financial information really resonates. Short dashboards and occasional refreshers can probably do more than another forty-page report. Recruiting people…

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Reply To: Fiscal Sponsor Webinar 5-28-24

There are some good questions here, Jeff. With an incorporated project, the relationship between its board and the fiscal sponsor needs to be clearly documented.…

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Reply To: How Is Your Nonprofit Using Financial Outsourcing?

Outsourcing can make quite a difference when finding experienced finance staff becomes difficult. Bookkeeping and payroll seem easier to hand over, while financial strategy and…

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Reply To: The Future: What's on your mind?

These are difficult questions, particularly with so much uncertainty around funding and tax policy. Scenario planning can at least give the board something concrete to…