Dates
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While nonprofit success is measured in more than just dollars, board members must maintain a close eye on the financial direction of the organization and its economic stability if they are to truly fulfill their responsibility. This session will help board members gain a better understanding of their financial stewardship responsibilities and give them a starting point for comprehending key financial data.
Participants will learn about:
Protecting the Nonprofit
- Asset protection
- Internal controls
- Risk management
Managing the Nonprofit
- Understanding financial statements
- Creating a budget
- Board and management reporting
- Investment management
Level: Beginner-Intermediate
Target Audience: Board Members, Executive Directors, board support staff and those interested in learning about becoming a volunteer board member
