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Financial Management (Grantmaking)+definitions
financial statements: Presentation of financial data including balance sheets, income statements and statements of cash flow, or any supporting statement that is intended to communicate an entity's financial position at a point in time and its results of operations for a period then ended. - GOSW and Forum of Regional Associations of Grantmakers Amy Sample Ward
Financial Management (Grantmaking)+best practices
Forum of Regional Associations of Grantmakers
Understanding Nonprofit Financial Statements
BoardSource
This book covers key accounting terms and concepts and important benchmarking ratios, and includes sample financial statements with explanations. Available for purchase.
www.boardsource.org/Bookstore.asp
Basic Overview of U.S. Nonprofit Financial Management
Authenticity Consulting
An overview of the basic processes involved in nonprofit financial management, including chart of accounts, internal controls, cash flow forecasts, financial statements and more.
www.managementhelp.org/finance/np_fnce/basics.htm
Financial Committees
BoardSource
This guidebook provides an in-depth look at the functions of a board’s finance, audit and investment committees. Available for purchase.
www.boardsource.org/Bookstore.asp
The “Typical” Small Foundation Budget (PDF)
Association of Small Foundations
A comparative look at two different small foundation budgets.
www.foundationinabox.org/guide/administration/small_foundation_budget/file
Sample Financial Statement and Financial Report
Council on Foundations, Raffa & Associates, P.C.
www.cof.org/files/Documents/WebNotebook/December2003/ABC_Sample_FS.pdf
Financial Management Resources
Nonprofits Assistance Fund
This collection of free, online resources is specifically designed to help nonprofit staff and boards manage their organization's finances. Topics include budgeting, cash flow, financial ratios, cash reserves, working with the board, financial policies, and much more.
http://www.nonprofitsassistancefund.org/pages/resources
Balancing the Mission Checkbook
Nonprofits Assistance Fund
Kate Barr, Executive Director of Nonprofits Assistance Fund, shares her thoughts on nonprofit finance and management. She offers advice and comments on current trends impacting the sector in this weekly blog.
http://www.nonprofitsassistancefund.org/blog/
Grantmaking Basics: A Field Guide for Funders
Council on Foundations
This book is a great resource for funders, and Chapter 4: Numbers and Sense focuses on finance with charts and information about reports on grant proposals and analyzing project budgets. The book and other resources are available online:
http://www.grantmakingbasicsonline.org/
Financial Consultants: Does Your Foundation Need One?
Association of Small Foundations
by Marty Fluharty
From the newsletter Essentials, comes 5 tips to help you find out whether or not your foundation needs a financial consultant. You have to log in to see the article:
http://www.smallfoundations.org/site/apps/s/search2.asp?c=fvKRI7MPJqF&b=264696
For Additional Resources, please see the Finance section of the Grantmakers of Oregon and Southwest Washington website:
Financial Management (Grantmaking)+lessons learned
"Beyond the Five Percent"
A compilation of case studies that "looks at 13 foundations, each with assets sizes ranging from a few million to several billion dollars, and how they’ve gone beyond the traditional minimum payout rate and the variety of approaches they used as alternatives." From The Northern California Grantmakers in 2007.
Beyond 5 Percent.pdf
Amy Sample Ward
Financial Management (Grantmaking)+standards in field
United Way of the Columbia-Willamette's 2008 Funding Trends Analysis report is a tool for advocates, funders and decision-makers. (PDF): http://www.unitedway-pdx.org/work/files/UWCW_fundinganalysis_08.pdf (It is a supplement to the 2007-2008 Community Needs Assessment)
