Financial Series: Getting the Financial Information You Need Without Overburdening Grantees

Thursday, March 30, 2023 -
10:00am to 12:00pm EDT
Webinar - Register by 3/29
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The Program

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 complementary rather than redundant financial information. We’ll even touch on what this might mean for your foundation's financial due diligence processes.

Who should attend?

Funders with less than two years of experience in the field – program-officers, CEOs, and other staff, as well as trustees. It is also recommended for experienced grantmakers seeking a refresher in the basic financial tools of grantmaking.

What will you learn?

Upon completing this session, participants will be able to:

  • Understand the different types of financial reporting 
  • Understand common challenges faced by nonprofit grantees (audit readiness, cost allocation, accounting system limitations) 
  • Discuss why internal and external financial reports may not match 
  • Identify ways to improve grant-making financial reporting requirements 


What else should you know?

The PNY Core: Financial Series is a set of perennial programs at Philanthropy New York that help funders understand how to assess organizational health through financial analysis. Designed for philanthropy professionals in any role, from trustee to staff, these interactive offerings help funders build their skills to analyze grantee financial documents. 

If you’re interested in this session, you might be interested in one or more of the following in the PNY Core: Financial Series:

* Financial Series: Intro to Financial Statements is a prerequisite for those who are new to assessing finances. The four-part Interpreting Financial Statements curriculum requires a basic understanding of both documents. 


For any questions, comments, and/or recommendations, please contact Carolyn Peters, Manager of Learning Services.