Informing the Context for Philanthropic Work
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. These interactive offerings help funders build their skills to analyze grantee financial documents. What’s more, they help funders consider the role of financial review in the grantmaking process, and how to make that most useful to their funding institutions, as well as to their grantees.
Members can benefit from taking the entire set of six fundamental programs - particularly those seeking a primer/refresher first before diving deep into additional topics.
Other members may choose to just participate in the four-part mini-series on how to analyze and evaluate grantee IRS Form 990’s and financial statements (these must be taken together).
We also host a two-part Applied Financial Analysis for Program Officers series for grantmakers who are comfortable in nonprofit financials and ready to engage with peers about financial resilience and financial planning (these must be taken together).
We hope you’ll join us for any and all of this series!
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.
Fundamentals to Financials
2024 Recordings
- Intro to Financial Statements: In this primer to the Financial Series, participants will get a peek into how a grantee assembles the financial statements and the stories they tell.
- What to Look for in a Nonprofit’s Financial Statement: In this session, learn how to analyze and evaluate nonprofit financial statements and know what questions to raise for further analysis.
- Looking at the 990: This session will focus on the IRS Form 990, which is used by funders as a tool to track and scrutinize the finances, governance, and accomplishments of grant applicants and recipients
- Using Financial Statements Together with IRS Form 990 to Understand Your Potential Grantees: This session will show how using the two financial documents together can yield so much more information than the financial status of the organization.
- Getting the Financial Information You Need Without Overburdening Grantees: In this interactive in-person wrap-up to the Financial Series, participants will step into the shoes of grantees, providing a new perspective on financial due diligence.
2023 Recordings
- Introduction to Financial Statements
- What to Look for in a Nonprofit's Financial Statement
- Looking at the 990 Part I (March 10) and Part II (March 17)
- Using Financial Statements Together with IRS Form 990 to Understand Your Potential Grantees
- Getting the Financial Information You Need Without Overburdening Grantees
Applied Financial Analysis for Program Officers
2023 Recordings
- Applied Financial Analysis for Program Officers: In this series, explore what it takes for a nonprofit to thrive over the long term, how to use financial analysis as a tool to identify resilience (or lack thereof), and what grantmakers can do to support nonprofits in achieving financial strength.
For any questions, comments, and/or recommendations, please contact Carolyn Peters, Manager of Learning Services.