Webinar: Understanding Full Costs
As a nonprofit or foundation partner, do you find that you are tired of the "overhead" conversation? Do you find that after covering day-to-day operating expenses, you have other costs or investments you must consider - such as hiring essential personnel, fixing that leaky roof, or even replacing that finicky fax machine? Well, you're not alone!
Join us for a free, one-hour webinar provided by Nonprofit Finance Fund and Switzer Fellow Roger Perez, Senior Associate at NFF, to discuss the concept and practice of Full Cost. Nonprofit organizations need yearly surpluses to address their very real balance sheet needs to build long-term financial health and become more resilient and adaptable into the future. Yet these needs are rarely discussed in many organizational budgeting processes or around the funding table. This webinar will help nonprofit managers, board members, and foundation partners learn about how to take steps forward to understand and communicate Full Cost needs.
Interested participants should read the attached for more information and for pre-reading suggestions.
This webinar is open to Switzer Fellows and colleagues.
Registration deadline: March 7, 2018.
Nonprofit Finance Fund unlocks the potential of mission-driven organizations through tailored investments, strategic advice and accessible insights. Founded in 1980, NFF helps organizations connect money to mission effectively, and supports innovations such as growth capital campaigns, cross-sector economic recovery initiatives and impact investing. A leading community development financial institution (CDFI) with more than $310 million in assets under management, NFF has provided almost $700 million in financing and access to additional capital in support of over $2.3 billion in projects for thousands of organizations nationwide. NFF's Advisory Services address a wide range of strategic financial management needs and utilize proprietary diagnostic, educational and operational tools that empower mission-driven organizations to strengthen their business models, capital structures, access to revenue and capital, investment readiness and institutional leadership for improved financial sustainability in support of mission and program impact.