This program will now be delivered via Zoom webinar. Please register to receive webinar information the day before the program.
- February 27 – Intro to Financial Statements (Snow Day: March 2)
- March 5 – What to Look for in a Nonprofit’s Financial Statement (Snow Day: March 9)
- March 12 – Looking at the 990 Part 1 of 2* (Snow Day: March 16)
- March 29 – Looking at the 990 Part 2 of 2* (Snow Day: March 23)
- March 26 – Using Financial Statements Together with IRS Form 990 to Understand Your Potential Grantees (Snow Day: March 30)
- April 9 – Getting the Financial Information You Need Without Overburdening Grantees (Snow Day: April 13)
PNY Members: Log into your Philanthropy New York account to view the available recordings of the 2020 Financial Series.
You now know what you can learn about grantees through the Form 990’s and Financial Statements. What more do you need from them to understand their financial situations? What’s useful to you and not too much to ask from grantees?
In this interactive wrap-up to the Financial Series, participants will step into the shoes of grantees, providing a new perspective on financial due diligence. Join us to explore what can be gleaned from internal financial reports, such as budgets, that funders so often request. Discuss how grantees prepare and use internal versus external financial statements, and how these documents provide funders with different financial insights (or not).
You’ll explore with peers how you can request complimentary rather than redundant financial information. We’ll even touch on what this might mean for your foundations financial due diligence processes.
Upon completing this session, participants will be able to:
- Understand the different types of information that can be gleaned from internal and external financial reports that grantees prepare.
- Know what questions to ask if internal and external financial reports don’t seem to match up.
- Identify ways to improve grant-making financial reporting requirements.
- Rachel DeMatteo, Manager, Your Part-Time Controller, LLC
- Eleanor (Ellie) Hume, Senior Manager, Your Part-Time Controller, LLC
Funders who are new to assessing nonprofit financial data for whom financial due diligence may be a component or desired component of the grantmaking process. It is also recommended for more experienced grantmakers seeking a refresher in the fundamentals to reviewing financial statements.
8:45 - 9:00 AM Check-in
9:00 - 11:00 AM Program
Registration is required by April 8th.
Members: To register yourself and/or a colleague at your organization, please log in and click the Register Now link above. (no fee)
Please note: To ensure fairness among our members, we reserve the right to limit the number of attendees per organization for select professional development programs.
Please email firstname.lastname@example.org with any questions.