Since the beginning of the COVID crisis, funders have been providing emergency financial support to their grantees to ensure their stability. As we move from response toward reimagining the future, we are beginning to recognize that the impact of this crisis will be deeply felt across the nonprofit sector. As funders, we need to be poised to understand those impacts, and examine the roles funders should play in supporting nonprofits as they navigate this terrain.
Key questions for consideration are:
- How can funders best engage with grantees, asking the right questions and collecting critical data to understand their financial situation, while not overburdening them at this critical time?
- What are the considerations around how to prioritize time and resources for this review?
- What support might funders offer to help organizations explore structural shifts such as alternative operating models including alliance with nonprofit partner(s), engaging dedicated service providers, or considering a restructured entity (fiscal sponsorship, joint ventures and mergers)?
Join our presenters who will explore these considerations and share their journey in redesigning their financial due diligence process to support their grantees now and into the future.
- How to identify signs of a grantee’s financial health that may indicate limited capacity to navigate extended uncertainty
- The potential alternative business models grantees may want to consider as they look to a re-imagined future
- Opportunities to reimagine the financial due diligence process
- How to engage grantees in ways that mitigate the inherent power dynamic in the funder / grantee relationship
- Helen Chin, Program Director for Sustainable Environments, Surdna Foundation
- Jon Goldberg, Director of Learning and Grants Operations, Surdna Foundation
- Hilda Polanco, Founder and CEO, Fiscal Management Associates (FMA)
All interested funders in grantmaking roles. What to expect: presentation followed by full group discussion
10:00 AM - 12:00 PM Program
Registration is required by September 30th. Registrants will receive the webinar link a day prior to the program.
Members: To register yourself and/or a colleague at your organization, please log in and click the Register Now link above. (no fee)
Non-Member Funders: Please email email@example.com ($150 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.