8:00 AM - 5:00 PM
Grand Valley State University's Detroit Center
163 Madison Street
Detroit MI 48226
Most grantmakers are hired for their program knowledge and expertise. Yet it is impossible to separate the role of money from programmatic success. Excellence in grantmaking is not limited to program knowledge. It requires a comprehensive understanding of nonprofit organizations, including their financial statements, budgets, reserves, policies and processes for resource management. In fact, we all know that financial issues impact programmatic results. As a part of routine due diligence, many grantmaking organizations conduct a financial review after the programmatic review. We strongly believe only the assigned program officer has the ability to understand fully the context, implications and impact of financial issues upon the success of any grant. In response, we created Comprehensive Financial Analysis.
This course does not attempt to transform program officers into financial professionals. Instead, our intent is to provide grantmakers with the necessary knowledge and skills to conduct a comprehensive and effective analysis of organizational and programmatic financial information to improve funding decisions.
Key concepts include:
- Creating a culture of comprehensive financial analysis
- The relationship of financial condition to effective grantmaking
- Fundamentals of comprehensive financial review and analysis
- Connecting grant budgets to funded program activities
- The role of organizational capacity in producing program results
- Financial accountability in the post-grant process
Visit the Johnson Center's website for more information and to register for the event.
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