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For a long time, quality has been the center of attention in the nonprofit sector, influenced by all kinds of developments in society. Due to, among other things, the interference of the government and the increasing competition, all divisions in the nonprofit sector are obliged to work systematically with their quality. Quality has become necessary. However, as more people gain experience with quality assessments, visitations, and accreditations, so does the criticism. This has to do with how quality is assessed and with the criteria that are used. We will examine this critically in this book. Many questions remain unanswered, and contradictions have not been resolved. Moreover, it is no easy task to have all noses pointing in the same direction. In short, there is still work to be done. This book broadens the traditional vision of quality and quality assurance to a vision and approach that is compatible with the support of the organization's missions in the nonprofit sector. Incidentally, we will speak of quality development rather than quality assurance. The use of the term ‘quality development'hopes to inspire people to look differently at quality and how their organization deals with it. Furthermore, this book provides nonprofit organizations with methodologies and tools that can help in the process of permanent quality development. The pursuit of quality for nonprofit organizations is approached from a development perspective and a broader social context. This distinguishes it from the traditional quality management manuals. It offers a constructive and appreciative approach that is compatible with the specific mission of various nonprofit organizations (such as education, health care, social work, and government). The approach is also integral because everyone in the organization, as well as the external partners, is involved.

This accessible, practical textbook will prepare leaders in the arts to make the best possible decisions for the financial sustainability of their organizations. Designed for individuals without formal training or previous on-the-job experience in nonprofit management or accounting, Financial Leadership for the Arts makes organizational finance simple and clear, freeing creative leaders to do their important work for communities. Governing board leaders, working professionals, and students alike will appreciate clear case studies, as well as the several chapters that examine contemporary challenges and their implications for present and future financial management, program management, and program evaluation.Written by two experts in public affairs and nonprofit leadership with deep experience in teaching and fiscal management, this book provides guidance that will be immediately applicable to arts leaders'work, helping them continue to excel in their creative endeavors—and not only keep the house lights on, but thrive.

Adopt an organized approach to fundraising planning In it's third edition Fundraising Principles and Practice is a unique resource for students and professionals seeking to deepen their understanding of fundraising in the current nonprofit environment. Based on emerging research in economics, psychology, social psychology, and sociology, this book comprehensively analyzes the factors that impact the fundraising role in the nonprofit sector. Readers will explore donor behavior, decision making, and social influences on giving. Building upon that background, authors Adrian Sargeant and Jen Shang then describe today's fundraising methods, tools, and practices. A robust planning framework helps you set objectives, formulate strategies, create a budget, schedule, and monitor activities, with in-depth guidance on assessing and fine-tuning your approach. With updated case studies and examples, this book helps you develop a concrete understanding of the theory and principles of fundraising. A companion website offers additional opportunity to deepen your learning and assess your knowledge. Updates to this Third Edition include the latest research and new content in rapidly changing areas of fundraising, such as digital and social media. Learn the common behaviors and motivations of donors Master the tools and practices of nonprofit fundraising Manage volunteers, monitor progress, evaluate events, and moreFundraising Principles and Practice provides working nonprofit professionals, as well as postgraduate students studying fundraising, with a comprehensive guide to all aspects of the field, including in-depth coverage of today's most effective approaches.

Distilling decades of leadership expertise into an effective framework, this is a practical guidebook for nonprofits around the globe, with practical recommendations for the urgently needed steps to make this a better world. Charities in the United States and NGOs globally need to overcome two glaring and persistent weaknesses in the eyes of potential donors: trustworthiness and effectiveness. After examining possible causes for these deficits, fundraising and organizational development guru Ken Phillips guides readers through the process that leads to greater trust and respect by donors, better results for beneficiaries, significantly increased funding, and better and bigger programs. Alongside helpful worksheets, he presents seven steps to make sure ethics are meaningful, eight disciplines to ensure programs achieve good results, and a communications approach to demonstrate responsibility and accountability, all interwoven with inspiring case studies from his own international experience and other organizations'stories.Staff and volunteers at registered nonprofits around the world, as well as any individual or group raising funds more informally, will value this guide to empower organizations to win trust, raise more funds, and achieve greater program impact.

Förderanträge sorgen häufig für Überforderung, gerade in kleinen Kulturorganisationen oder bei den ersten Antragstellungen. Ideen für Projekte gibt es zwar viele, doch häufig ebenso viel Frust, wenn es darum geht, Gelder dafür zu beantragen. Damit Ihre Projekte ihre volle Wirkung entfalten können und Sie immer den Überblick über die Finanzen behalten, begleitet Sie dieser Leitfaden Schritt für Schritt durch die Projektförderung. Zum Leitfaden bekommen Sie außerdem eine übersichtliche Excel-Vorlage für die Erstellung von Kosten- und Finanzierungsplänen, die Sie für jedes neue Projekt wiederverwenden können. So bleibt Ihnen mehr Zeit für das wirklich Wichtige: die Inhalte Ihrer Kulturprojekte. Dieser Leitfaden hilft Ihnen - bei der Entwicklung von Projektideen - bei der Überführung Ihrer Ideen in Projektformate - bei der Formulierung eines erfolgversprechenden Antrags - beim Fördermittelmanagement - bei der Erfolgsmessung und -darstellung.

Organizations in the public domain must be of value for the citizen, being a tenant, client, patient, student, etc. Foundations, corporations, associations, they all have the intention to make social profit and avoid financial loss. What is the real value and how do these organizations contribute? Social profit and value, that is where this book is about. We present a new method to visualize and assess this profit. The Social Profit Canvas aims to empower two things: increase result and impact, and effect a change towards a ‘bottom-up-approach'. This book will lead and support professionals in the sector to achieve these goals. Marc Vermeulen and Anke Vroomen describe the developments in the public domain and explore the use of the Social Profit Canvas model, including measuring and decision making in respect of public value. The Social Profit Canvas is developed together with Mark Wolbert and Jaap Hoenderdos from WHISE (company for social profit creation) based on their practical experience combined with the scientific knowledge of TIAS (School for Business and Society).

The need for effective fundraising in the arts has never been more acute. Specialist yet accessible, Fundraising in the Creative and Cultural Industries is designed to provide strategic and practical support to individuals needing to lead or develop fundraising in their organisations. Part One explores theories of leadership and change, as well as managing fundraising in a crisis, most notably the impact of COVID-19 on cultural organisations globally. It introduces readers to specific academic frameworks and concepts from arts management, business and entrepreneurship studies – which readers can use to analyse their own situations – and provides insight via real-world case studies. Part Two explores the practical application of fundraising. Readers can begin their journey to becoming a fundraising expert, starting from the basics of fundraising to a broad understanding of the different means and channels through which income can be raised for arts and cultural organisations. This book is a practical and accessible guide to exploring current fundraising thinking, enabling the reader to develop their own fundraising expertise and to embed knowledge and practice into their own organisations. The fundraising experience from industry pioneers sets this book apart and will inspire readers to achieve their own ambitious goals.

Reflecting recent changes in accounting standards, this Seventh Edition of Financial Management for Public, Health, and Not-for-Profit Organizations provides a comprehensive yet practical introduction to the financial decision-making and management skills required of students and practitioners in the public, health, and not-for-profit sectors. Assuming that readers have no prior training in financial management, the authors artfully combine the principles, theory, and analytics of accounting and finance. In every chapter, a wide range of exercises, case studies, and problems help students develop strong financial assessment and judgment proficiencies while reinforcing the essential mechanics of accounting.

'Every non-profit organization should follow the principles in this book, especially in today's current climate where fundraising has become trickier. The book shows you step-by-step how to successfully run online fundraising campaigns so you can grow your organization faster and help more people.'—Corinna Essa, Author of Money on Demand and ReachThe legacy methods of fundraising have either exhausted their efficacy or undergone total extinction. With a brave new economic landscape near at hand, nonprofits are faced with one last ultimatum; level up or evaporate forever!The prior landscape of fundraising has been razed by pandemic, political, and cultural shifts. As a result, nonprofits must adapt their approach to suit the modern paradigm so that they may flourish like never before. Demystifying Fundraising Funnels presents nonprofits with ideas, strategy, and, most importantly, hope.Demystifying Fundraising Funnels is not merely a book that laments the new e-commerce world's challenges to nonprofits. Instead, it is the paragon guide for tactics, tools, and real-world answers that nonprofits can enact to thrive in our new online economy. With a honed-in online strategy, nonprofits can unlock a literal world of new possibilities.You'll be ignited with inspiration from the possibilities as well as empowered with the confidence of a step-by-step approach that brings real, rewarding growth to your team, volunteers, and nonprofit as a whole.Demystifying Fundraising Funnels gives you the legs to run headlong toward the opportunities of dynamic online fundraising and dive deep into relationships with thousands of undiscovered donor connections.Have you been seeking a blueprint that doesn't just make a lasting impact on your organization's financial picture but also interlaces your team as one powerful, unified mind? Then you're poised and ready to have your fundraising funnels demystified.

Fundraising Is helps fundraisers build a sustainable plan for their individual and their organization's success.Fundraising is a profession. In any profession there is a need for training and development along with exceptional communication skills and strategy. Fundraisers are often left to their own initiative to learn about an organization and its mission and figure out how to tell the story to supporters and raise significant amounts of money. In contrast, the average sales organization invests nine days of product information and training before they release their team members to generate revenue.For those considering a development position or already working in nonprofits, this book can help you create a successful plan for fundraising to guide you and help your charity. A plan focused on relationships and storytelling more than galas and silent auctions.Whether new to the profession or non-profit organization, Fundraising Is provides insight that sets fundraisers up for success. From creating a plan for the first three months at an organization, to prioritizing the best way to apply their efforts, these tactics can be applied whether working at a small local non-profit or the chapter of an international charity.

Een effectief boek om alles te begrijpen over crowdfunding!Crowdfunding wordt geassocieerd met geld ophalen. Maar het is zoveel meer dan dat. Crowdfunding is marketing, sales, PR, een netwerk opbouwen … Dit boek benadert crowdfunding vanuit een ondernemersperspectief en geeft inzichten in de verschillende vormen van crowdfunding. De focus ligt voornamelijk op reward-based crowdfunding. Als lezer duik je in een handleiding gebaseerd op succesvolle en niet-succesvolle campagnes uit de laatste vijf jaar. Dit boek is een must-read als je je wil verdiepen in crowdfunding of wanneer je als ondernemer zelf een crowdfundingcampagne wil starten. Door de mix van theorie en praktijkcases pas je jouw verworven kennis snel en gemakkelijk toe in de praktijk. Nathalie De Schepper heeft zich de afgelopen vijf jaar gespecialiseerd in crowdfunding. Ze ging in haar beginjaren in de leer bij Douw en Koren, destijds het meest vooraanstaande crowdfunding agency in Europa. In dit boek legt ze jou uit waarom deze financieringsvorm de moeite waard is en hoe die een impact zal hebben op het toekomstige financieringslandschap.Pas de tips van de auteur gemakkelijk en snel toe en voer een succesvolle campagne!OVER DE AUTEURNathalie De Schepper is actief als startersadviseur en crowdfundingexpert. Sinds 2016 begeleidt ze crowdfundingcampagnes van ondernemers met een specialisatie in reward-based crowdfunding bij Voka - Kamer van Koophandel Antwerpen-Waasland. Ze doceert ondernemerschap aan Karel de Grote Hogeschool en AP Hogeschool en wordt vaak gevraagd als spreker over ondernemerschap en crowdfunding. Elke twee jaar organiseert ze het crowdfundingcongres waar ze experten en ervaringsdeskundigen uit binnen- en buitenland samenbrengt om het bredere publiek kennis te laten maken met crowdfunding. In 2018 lanceerde ze zelf een reward-based crowdfundingcampagne met haar modelabel Tiny Dreams, een label voor petite vrouwen.

Contrary to popular perception, charities and non-profits now generate over half their total income by selling goods and professional services. Charities of all shapes and sizes are increasingly targeting commercial growth to help fulfil their aims, and commercial income within the sector has doubled since the year 2000. Big opportunities exist, and The Commercial Charity will help any professional in the sector to take advantage of them and increase the social and financial impact of their organization.Using a wealth of examples, The Commercial Charity demonstrates the wider societal benefits of taking a professional approach to commercial income and harnessing business to bring about change. It provides a process for creating a clear, integrated strategy, outlining a methodology for developing ideas and scaling innovations, while providing an ethical model for marketing and selling them. With interviews from leaders of many of the most successful charities including the National Autistic Society, NSPCC and British Asian Trust, this book will show readers how to evolve their organization into a professional, commercially-adept non-profit. Ultimately, readers will learn how to successfully use business principles and techniques not just to raise money, but to create long lasting and self-sustaining social impact.

The financial issues of nonprofit organizations (NPOs) have increased their importance in recent years, especially after the last global economic downturn. In this way, NPOs have been threatened by a reduction of income, while their work and expenses have not decreased. In this book, the editors bring together several topics that the academic literature has previously addressed, connecting them to each other and evaluating how all these issues are interrelated. Financing Nonprofit Organizations analyses the state of art of all these financial topics and the consequences of the last economic crisis. It dives into the interrelations of these concepts to suggest lines of future research and to reflect on the future of the different sources of funding of the NPOs. It will be of interest to students, practitioners, and researchers interested in initiating and updating their knowledge in the growing field of the financial aspects of the NPOs.

In Nonprofit Finance: A Synthetic Review Thad D. Calabrese reviews the current state of research on nonprofit finance. The book comprehensively addresses core finance topics with a focus on those issues that differentiate nonprofit finance from traditional finance. Topics include the financial goals of nonprofits, sources and uses of funds, reserves and working capital, and debt and borrowing. The text also addresses recent innovations in nonprofit finance such as crowdsourcing donations, social impact bonds, flexible low yield paper, and donor-advised funds, as well as innovations in corporate forms. Throughout the text, gaps in our current knowledge are highlighted and avenues for future research are suggested. As such, Nonprofit Finance: A Synthetic Review is relevant for researchers and practitioners alike.

In recent years, nonprofit and voluntary organisations have faced challenges and unanticipated pressures as a result of increased competition for funding, technological advancements, the need to comply with government regulations, and increased social and community expectations regarding greater accountability and transparency.Cost accounting and cost management tools are considered to be a means of providing adequate and quality information for management control for all sorts of organisations, including nonprofits. Using empirical evidence from the Australian nonprofit sector, this research monograph offers insight into how nonprofit and voluntary organisations control and manage the costs of their operations and projects through cost accounting and cost management tools. The book will be of benefit to a range of stakeholders in the sector, including financial and management accountants, professional accounting bodies, the government, policymakers, academics, consultants and operational managers.

Many of the world's 40,000 International NGOs (INGOs) work in places where terrorist financing, sanctions breaches, and diversion are key risks. Almost all of the top ten recipient countries of humanitarian aid alone in 2015 were high-risk jurisdictions, for example, receiving more than £7bn between them. When they feel safe to speak, sector workers share sobering stories about what might have happened to some of this money.As INGOs struggle to keep up with worsening humanitarian needs, diversion risks and their complexity remain daunting. The demands of internal stakeholders, donors, banks, and regulators are diverse and even contradictory. Public scrutiny has magnified, but is not always well-informed. Institutional donors transfer ever more risk to implementing partners, while some banks seek to avoid this business altogether, pushing some NGOs outside the global banking system. Looming over all of these converging pressures is a latticework of austere international sanctions and counter-terror regimes.It is no surprise that INGOs find themselves struggling to reconcile this complex set of expectations with their charitable missions. Yet the consequences of failing to do so can be severe; future funding is contingent on reputation, and serious offences litter the regulatory landscape. The implications of breaches can be existential for organisations and criminal for individuals.Terrorist Diversion: A Guide to Prevention and Detection for NGOs is an accessible, pragmatic guide for international NGOs of all shapes and sizes. Clearly explaining the nature of the challenge, and setting out a programme to meet it, it explores how it is possible for INGOs to manage these risks more effectively through their missions – not in spite of them.

This valuable resource provides financial statement presentation and disclosure examples illustrating U.S. GAAP compliance for the topics most frequently encountered by preparers of financial statements for not-for-profits (NFPs) by drawing from the audited financial statements of an assortment of NFP entities. Intended for use as a tool to help you create and verify the format and accuracy of your company's or clients'financial statements, this resource walks you through the most common presentations used by other nonprofits for challenges such as noncash gifts, donor-imposed restrictions, and functional expenses. The 2019 edition illustrates the most important, immediate, and challenging disclosures, including: Net asset classes and donor-imposed restrictions Investments, derivatives, endowments, and UPMIFA Liquidity and availability of resources Liabilities, including split-interest agreements and pension plans Contributions and revenue recognition, including grants, contracts, gifts in kind, interests in trusts, and other receivables Analysis of expenses by function and nature Fair value measurements and use of estimates Income taxes and uncertain tax positions for tax-exempt entities Measure of operations and joint costs

Strong grant proposal writing made easy From small startups to established national organizations, nonprofits large and small depend on grant funding to survive and thrive. Winning Grants Step by Step: The Complete Workbook for Planning, Developing, and Writing Successful Proposals has long been the go-to resource for individuals and organizations looking for a clear, easy-to-follow approach to tackling the grant-writing process and winning funds. Now, in this revised Fifth Edition, changes and developments in the not-for-profit sector are integrated into the time-tested grant-writing formula that has proven effective time and again. New to this edition, you'll find an expanded discussion of the importance of relationship building, social media, and online resources to successful nonprofit funding. The text has also been revised to include guidance for nonprofit program budgets for both foundation and public funding grants. Never before has Winning Grants Step by Step been so easy to comprehend. Updated worksheets and forms will improve your comprehension and make your grant proposals stronger and more successful than ever. Learn the proven step-by-step approach to writing strong grant proposals for foundation grants and public funds Complete worksheets and activities to practice your grant-writing skills and break the process down into easy pieces Understand how to integrate your ideas and insights with research and facts to demonstrate your organization's potential Learn the best approaches to building relationships and networking both in-person and online to push strong grant proposals into the winner's circle This guide is perfect as an introduction for the novice grantseeker or a refresher for the more experienced. Whether your organization needs only a thousand dollars or several million, following this step-by-step process will improve your ability to transform an idea that needs financial support into a proposal that deserves to be funded.

In resource-challenged Athens County, Ohio, staff and volunteers at the nonprofit Athens County Foundation came up with a daring idea: to host a locally sourced, gourmet dinner for four hundred people. The meal would be held on the brick-paved main street of the city of Athens, to raise funds for the food bank, and increase awareness of the persistent local struggle with food insecurity, as well as raise the visibility of the foundation. The logistical challenges were daunting, but the plan would unite the community around the common theme of providing for its own.Since then, Bounty on the Bricks has become a touchstone event that raises close to one hundred thousand dollars for the food bank. In The Community Table, Athens County Foundation executive director Susan Urano translates her years of nonprofit experience with large-scale annual fundraisers into a step-by-step guide for development professionals, community leaders, and volunteers.Urano guides readers to consider when to mount a fundraiser, who the stakeholders are, what social and financial value the event will bring to the community, and how partnerships might augment the payoff. Using real-life examples, she explains how organizers can learn from mistakes and illustrates methods of team building, conflict resolution, and problem solving. Sample ideas, timelines, budgets, publicity plans, and committee structures round out The Community Table.

With this book in hand, nonprofits can increase their fundraising potential-and their overall impact-by learning how to ramp up nearly every aspect of their fundraising programs in new and creative ways.Today's competitive and ever-shifting environment demands that nonprofits adopt a new approach to raising money. This book will show them how, in part by changing the way those charged with fundraising think about this all-important task. The book will help nongovernmental organizations plan better, write more powerful grants, craft more compelling appeals and other communications, engage board members and donors-and brag about all the great work they're doing in just the right way. It offers readers a fresh perspective on fundraising, as well as clear, practical strategies to build essential connections using varied tactics, including social media. Equally helpful is an eye-opening discussion about beliefs and attitudes that can stand in the way of fundraising success.Unlike books that focus on a single strategy such as grant writing, board development, or major gifts appeals, this volume is unique in that it details fundraising strategies that generate the highest return on investment. In doing so, the author provides a theoretical framework, creative ideas for taking best practices to the next level, and specific tools that can be applied to reach fundraising goals. By adopting the new framework, enhancing skills, and taking a fresh look at their task, nonprofits can raise the money they need to make a significant difference, regardless of their mission or cause.

Empirically, this book is a case-study analysis of dissolution processes in German AIDS organizations. Indeed, why is it that civic organizers start out with a commitment to a cause but end up dissolving their organization? This question is exactly what Kleres seeks to tackle within The Social Organization of Disease.Focusing on the emotional bases of dissolved German AIDS organizations to develop a typology of civic action and organizing, Kleres presents a perspective on non-profit organizations that analyses organizational development through the emotional sense making of individual organizers, within the light of larger political processes and cultural contexts. To this end, this volume develops and applies a new methodology for researching emotions empirically, expanding the scope of narrative analysis. However, parallel to this, The Social Organization of Disease also explores how shifting discursive processes establish emotional climates and thus impact on state policies and the evolution of AIDS organizing. The book would appeal to sociologists and political scientists working in the field of social movements and non-profit organisations: but it would also appeal to those who are interested in the sociology of emotions. It would potentially be of interest to non-profit scholars who consider community-based organizations, volunteerism and advocacy, and secondarily, to medical sociologists interested in AIDS service organizations. Sociology, International relations, Social Work, Political Science. May be of interest for NGO-activists and/or employees and leadership.

Nonprofit organizations are arguably the fastest growing and most dynamic part of modern market economies in democratic countries. This Handbook explores the frontiers of knowledge at the intersection of economics and the management of these entities. Top researchers in the field review the role, structure, and behavior of private, nonprofit organizations as economic units and their participation in markets and systems of public service delivery, assess the implications of this knowledge for the efficient management of nonprofit organizations and the formulation of effective public policy, and identify cutting-edge questions for future research.Building on the success of the first edition, this thoroughly revised and expanded edition explores: (1) areas of general agreement from previous research; (2) areas of conflicting results and unexplored questions; (3) the relative roles of theory, data availability, and empirical analysis in explaining gaps in our knowledge; and (4) what must be done to improve our knowledge and extend the literature. Selected original chapters addressing especially challenging topics include: the value of risk management to nonprofit decision-making; nonprofit wages theory and evidence; the valuation of volunteer labor; property tax exemption for non-profits; when is competition good for the third sector; product diversification and social enterprise; international perspectives; the application of experimental research; and the macroeconomic effects of the nonprofit sector.This book is a valuable resource for academics, but the concerns of nonprofit sector managers and decision-makers are also addressed, making it a useful reference for practitioners as well.Contributors include: S. Alaimo, J. Alm, N. Bania, J. Bergdoll, W. Bowman, E. Brown, T. Calabrese, C.F. Chang, G.L. Chikoto-Schultz, J.J. Cordes, K. Coventry, L. Faulk, M.F. Grace, F. Handy, T.D. Harrison, B.T. Hirsch, P. Hughes, R.A. Irvin, M. Jegers, L. Leete, W. Luksetich, D.A. Macpherson, L. Mook, D.G. Neely, S.M. Oster, A.E. Preston, J. Quarter, P. Rooney, R. Sansing, B.A. Seaman, E. Searing, D.L. Sjoquist, A. Slivinski, R. Steinberg, R. Stoycheva, D. Teles, D.Tinkelman, S. Toepler, E.C. Tortia, H.P. Tuckman, V. Valentinov, D.R. Young

Nonprofit Hero is written by Valerie Jones, who has raised more than $175 million for nonprofits and coached thousands of people to authentically and successfully ask for the causes they care about. She's addressed more than 50 audiences from Baltimore to Beijing and is one of fewer than 10,000 Certified Fund-Raising Executives (CFREs) worldwide. In addition to running her boutique consulting firm, Valerie M. Jones Associates (VMJA), she's volunteered extensively, serving nonprofits as president, chair, board member, and committee member.Her methodworks. Trained boards report increased comfort and willingness to ask. Many indicate they are prepared to ask for bigger gifts, can identify more prospective donors, and intend to contact these prospects sooner. Her book, Nonprofit Hero,contains stories, tools, and exercises not included in trainings. Readers will learn how to:Honor their fears.Surprisingly, these contain their personal prescription for success.Channel their passion by tapping the energy of why they want what they want.Discover their asking personality, including how they should and shouldn't ask.Get started with tips on thirty simple things to do right now for free to help raise money.Follow five easy steps, starting with thanking, not asking, and with givers, not prospects. Cast themselves as stars, finding the step they'll most enjoy and at which they'll excel.Attract support by listening, understanding motivations, and helping fulfill donors'desires.Elevate their speech so that they can make their case sincerely and with compelling confidence.Get in the right frame of mind to show up ready for “yes,” not braced for “no.”This book also helps readers form an in-depth description of their asking personality. It illustrates how they can best thank, steward, research, cultivate, and ask; which of the five steps they favor; how to address their fears; play to their strengths; overcome their weaknesses; and how to get what they need to excel. There are 16 different and distinct profiles, one suited to each reader.Finally, this book includes a toolkit of practical samples and templates, such as sample giving dos and don'ts, asking scripts, and fundraising plans.

Benefits theory connects an organization's mission, the public and private benefits it produces, and the societal groups that it benefits, to an appropriate income mix. This book applies benefits theory to the financing of nonprofit and other social purpose organizations to guide managers and leaders towards finding the best mix of income sources for their organizations, to help educate future managers about resource development and to stimulate additional research on the financing of nonprofits and other forms of social enterprise. Individual chapters are devoted to organizations primarily reliant on earned income, gifts, government support and investment income, respectively, as well as to organizations that are well diversified in their sources of operating support. Each type of income, as well as mixed income portfolios are analyzed in depth. Detailed case studies of contemporary social purpose organizations are discussed throughout the book, and templates are provided to help leaders apply benefits theory to analyze the income opportunities and portfolios of their own organizations. Comprehensive and practitioner-friendly, this book is suitable not only for teaching graduate and undergraduate students in non-profit management, social enterprise, public administration and business management, but also for informing practicing managers, teachers and researchers, and funders of social purpose organizations.

Alexander Pinz konzeptualisiert den Erfolg und Misserfolg von Nonprofit-Organisationen allgemein als multi-dimensionales Konstrukt. Dieses Erfolgsverständnis nutzt er, um Erfolgsfaktoren von Mikrofinanzorganisationen in der entwicklungsökonomischen Literatur zu identifizieren. Durch die Analyse der Wertschöpfungsprozesse von sieben bolivianischen und sieben peruanischen Nonprofit-Mikrofinanzorganisationen hebt der Autor die Bedeutung der Organisationskultur für das erfolgreiche Management von Nonprofit-Mikrofinanzorganisationen im Kontext von institutioneller Pluralität hervor. Die Erarbeitung von Wettbewerbsstrategien für diesen Organisationstypus im Rahmen einer Wertschöpfungskonfigurationsanalyse unterstreicht den Praxisbezug der Arbeit.

This book addresses a specific subset of nonprofits that are chartered with a single mission: decrease the burden of government. Designing and engaging nonprofits to lessen the burden of government requires a specific description and acknowledgement of the burden to be lessened, and these may include the provision of infrastructure, the relief of debt, or the provision of general public services that are not motivated by charity. It also requires the assignment of specific operating powers to the nonprofit including the power of eminent domain. This book explores these and other related topics including the avoidance of resource dependence on government when attempting to reduce its burden. The book is addressed to the policy makers and rule makers who design policies that affect the ability of the nonprofit to effectively lessen the burden of government. It is also addressed to public administrators in search of innovative ways of implementing these policies consistent with the laws, and to the creative nonprofit managers who are charged with carrying out the mission often in collaboration with the government or other entities. To the advanced student in all related fields, the author offers not only material for discussion, but enables discovery of what is possible by giving key examples of organizations meeting the terms and objective of lessening a significant burden of government.

Financieel management van non-profitorganisaties is een boek voor hbo- en wo-studenten en voor functionarissen in de praktijk. In dit boek staan besturingsvraagstukken van non-profitorganisaties centraal en wordt het besturingsinstrumentarium van de (fnanciële) manager besproken. De non-profitsector omvat overheidsorganisaties en zelfstandige organisaties met een maatschappelijk doel. Financieel management van non-profitorganisaties bestaat uit drie delen. In het eerste deel (Concepten) worden de fundamentele thema's rond non-profitorganisaties en (financieel) management geanalyseerd. De identiteit van non-profitorganisaties en hun bestaansgrond komen hier aan de orde. Tevens worden de managementactiviteiten planning en beheersing besproken. Het tweede deel (Systemen) is gewijd aan het financieel-economisch instrumentarium. Onderwerpen als budgettering, prestatiemeting, kostenanalyse, kostprijsberekening, interne verrekening, investeringsselectie, externe verslaggeving en corporate governance worden uitgelegd en met voorbeelden toegelicht. In het derde deel (Praktijk) wordt nagegaan hoe de eerder besproken concepten en systemen in concrete praktijksituaties uitwerken. Hierbij staan de ontwikkelingen en ervaringen in vier belangrijke sectoren centraal: de rijksoverheid, gemeenten, ziekenhuizen en universiteiten. De auteurs Prof. dr. T.L.C.M. Groot is hoogleraar Management Accounting aan de Faculteit Economie en Bedrij fswetenschappen van de Vrij e Universiteit te Amsterdam. Hij publiceert in binnen- en buitenland over financieel management, management control en prestatiemanagement van commercielë en niet-commerciële organisaties. Prof. dr. G.J. van Helden is emeritus hoogleraar Management Accounting aan de Faculteit Economie en Bedrijfskunde van de Rijksuniversiteit Groningen. Hij publiceert in internationale en Nederlandse tijdschriften over management-accountingthema's als planning en control en prestatiemanagement in non-profitorganisaties.

The complete guide to fundraising planning, tools, methods, and more Fundraising Principles and Practice provides a unique resource for students and professionals seeking to deepen their understanding of fundraising in the current nonprofit environment. Based on emerging research drawn from economics, psychology, social psychology, and sociology, this book provides comprehensive analysis of the nonprofit sector. The discussion delves into donor behavior, decision making, social influences, and models, then uses that context to describe today's fundraising methods, tools, and practices. A robust planning framework helps you set objectives, formulate strategies, create a budget, schedule, and monitor activities, with in-depth guidance toward assessing and fine-tuning your approach. Coverage includes online fundraising, major gifts, planned giving, direct response, grants, corporate fundraising, and donor retention, with an integrated pedagogical approach that facilitates active learning. Case studies and examples illustrate the theory and principles presented, and the companion website offers additional opportunity to deepen your learning and assess your knowledge. Fundraising has become a career specialty, and those who are successful at it are among the most in-demand in the nonprofit world. Great fundraisers make an organization's mission possible, and this book covers the essential information you need to help your organization succeed. Adopt an organized approach to fundraising planning Learn the common behaviors and motivations of donors Master the tools and practices of nonprofit fundraising Manage volunteers, monitor progress, evaluate events, and more Fundraising is the the nonprofit's powerhouse. It's the critical component that supports and maintains all activities, and forms the foundation of the organization itself. Steady management, clear organization, effective methods, and the most up-to-date tools are vital to the role, and familiarity with donor psychology is essential for using these tools to their utmost capability. Fundraising Principles and Practice provides a comprehensive guide to all aspects of the field, with in-depth coverage of today's most effective approaches.

This book analyses the dynamics that underlie the awarding of public funding to small voluntary organisations in the UK. Using Bourdieu's later work on state power, the author argues that these competitions for grants, loans and contracts are neoliberal funding ‘games'. Such games tempt grassroots organisations, she demonstrates, not just because they provide funding but because they confer a symbolic profit by defining the'winner'and improving status. Taking part in these neoliberal funding games, however, can adversely affect the structure and development path of these organisations. Yet her conclusion is upbeat, focusing on the opportunities as well as the challenges that neoliberalism offers grassroots organisations in recompense for the moral weight that they hold within state discourse. Within supportive coalitions and with a robust evidence base that re-politicises neoliberal orthodoxy, in fact, they can choose to negotiate alternative futures within state policy or to withdraw from these funding games altogether. This thought-provoking work will appeal to students and researchers of sociology and social policy, along with scholars of Bourdieu, civil society and the voluntary sector.

Funded! leads readers from knowing nothing about writing grants to having a complete grant proposal. Based on personal experience and the experiences of dozens of professional nonprofit grantwriters, students learn about writing grants by completing exercises at the end of each chapter, moving from finding funding opportunities to submitting the completed proposal. The book covers every essential grantwriting topic: finding funding, writing needs statements, finding or developing evidence-based programs, developing logic models, writing evaluation plans, describing implantation plans, budgeting, sustainability planning, and submission to the funder. Overall, it is an invaluable resource that provides flexibility for instructors, students, and professionals to learn about grantwriting in a variety of settings and formats.

Capital Campaigns: Strategies That Work, Fourth Edition serves as an essential guide for capital campaigns of all sizes and configurations, from small start-ups to colleges and universities. Ideal for novices and experienced professionals alike, this practical, hands-on guide is now a standard reference in the field. Since the publication of the last edition, the field of fundraising has undergone a major sea change thanks to widespread use of the internet as a tool for raising capital. This thoroughly revised fourth edition has been updated in every chapter to reflect the current ways of communicating and raising money in this digital era. It offers a new chapter on social media and crowd-sourced fundraising in capital campaigns as well as a new chapter on getting your board of directors campaign-ready.

The complete guide to the basics of nonprofit financial management Let's be honest. Most books about financial management are densely written, heavy on jargon, and light on practicality. Expert financial consultant and author Tom McLaughlin takes a different approach with his fourth edition of Streetsmart Financial Basics for Nonprofit Managers. This comprehensive guide provides effective, easy-to-use tips, tools, resources, and analyses. The light, humorous tone in Streetsmart Financial Basics for Nonprofit Managers makes it an accessible resource for nonprofit executives, board members, students, and those new to the field. This book forgoes useless, pretentious verbiage in order to outline real-world strategies that work. This edition includes: New insights, updates, vignettes, case studies, and examples to deal with the implications of nonprofit financial management An examination of nonprofit business models in relation to growing demands from the government and other funders How to construct business plans for virtually any nonprofit entity Customizable resources—including financial worksheets, forms, and Excel templates to help nonprofit managers complete their day to day assignments A guided tour through common aspects of nonprofit management, such as financial analysis, accounting, and operations Practical and informative, Streetsmart Financial Basics for Nonprofit Managers is the go-to financial management reference for nonprofit managers, boards of directors, and funders.

This analytical volume looks at emerging fiscal trends and introduces the tools for effective financial management to American business professionals in the public, private, and nonprofit sectors.This hard-hitting book is the most comprehensive reference to financial theory and practice for operating a business—profit or nonprofit—in the United States today. Content focuses on fiscally responsible behaviors and strategies, such as the introduction of a financial auditing system to troubleshoot potential problems before they occur, the creation of internal control and risk management systems, and step-by-step procedures for ensuring maximum transparency and accountability in every part of the organization.Author and financial expert Jerome B. McKinney has expanded on the previous edition of this popular financial text, offering the latest best practices in e-government applications, cash flow analysis, revenue forecasting, and fiscal health evaluations. This fourth edition also looks at sustainability, the role of monetary policies and fiscal policy, globalization and its competitive impact, and the massive growth of outsourcing. On a final note, the work explains how recent legislation has influenced the development, use, and implementation of performance measures holding government agencies more accountable for their actions.

The aim of this publication is to provide a comprehensive view on the financing of NGOs from public budgets in the years 2008 to 2013. The author primarily examines the reasons for and forms (methods of allocation) of financing of these organizations from public budgets. The publication answers following questions: in what areas, how and what level of government has allocated funding for NGOs from public sources, how much of the revenue of those organizations consists in incomes from public budgets and how much of the public budgets of the Czech Republic goes to NGOs. The publication then defines the size and importance of public budgets in the revenues of NGOs and the size of the NGOs as recipients of public funds, along with the role of these organizations for public administration.

More than $2.7 billion in crowdfunding is raised every year by charities and non-profits. Rewards-based fundraising is used to launch books and theatre productions. Debt crowdfunding is used for personal debt. Equity-crowdfunding is gaining traction but is struggling under a regulatory burden in the US and Canada.

Nonprofit organizations face fierce competition for funding, especially during times of financial crisis. In order to effectively further their goals and make a long-term impact in the communities they serve, these organizations must remain financially viable and sustainable. This book equips students training to become better nonprofit leaders with the information and conceptual frameworks needed to ensure their organizations are financially sustainable. Using practical tips and illustrative case examples, it guides the reader to an understanding of the structures and processes of nonprofit organizations, and includes detailed coverage of financial analysis, budget management, cash flow, financial accountability and reporting, investing, fundraising, and organizational growth. This book is ideal for students, faculty, and practitioners in social service administration, human service leadership, public and community health, public administration, organization management, and health care administration and management.

Strategic planning and tactical fundraising can maximize income and minimize costs Fundraising is the lifeblood of the nonprofit, and, successful or otherwise, determines the organization's ability to provide for the group it serves. Every organization attempts to lower overhead while increasing donations, but this often proves to be impossible within existing frameworks. Effective fundraising - increasing donations while engaging more donors and lowering costs - requires a sound strategy that turns major roadblocks into minor hurdles that are easily overcome. It's not about trying harder, it's about working smarter. Fundraising the SMART Way provides the groundwork for a complete revamp of organizational fundraising systems. Author Ellen Bristol applies twenty years of corporate sales experience and eighteen years in fund development consultation to the problem of inefficient fundraising. Bristol turns her extensive sales expertise toward the perspective of'selling'an organization to potential donors, increasing the donor pool, and lowering the cost of fundraising. The book details the questions every nonprofit should be asking to maximize the effectiveness of fundraising efforts, and encourages systematic strategy development by zeroing in on key factors such as: Organizational goals, strengths, and weaknesses Donor actions and motivations Workload management and results QA Opportunity evaluation and organizational action The book outlines clear, concrete, actionable steps that can be immediately implemented to escalate income growth. Effective fundraising is sustainable, consistent, and on-target. It must exceed current need and expand to fill future need. Fundraising the SMART Way represents a true breakthrough in that it lays a foundation for true systemic overhaul, and can be the catalyst for the growth of any nonprofit.

Dieses Buch liefert Ihnen einen systematischen Einstieg in professionelles Fundraising. Es basiert einerseits auf den neuesten wissenschaftlichen Erkenntnissen zu Nonprofit-Management und Fundraising. Andererseits baut es auf der jahrelangen Praxiserfahrung des Autors aus über achtzig Beratungsprojekten auf. Dank seiner didaktischen Erfahrung aus langjähriger Lehr-, Seminar- und Vortragstätigkeit gelingt es dem Autor, alle wichtigen Aspekte modernen Fundraisings übersichtlich und leicht verständlich darzustellen. Zahlreiche Beispiele, Abbildungen und Tabellen veranschaulichen praxisnah, wie Fundraising mithilfe von Planung, Controlling und Qualitätsmanagement zielorientiert gesteuert werden kann. Ein umfassender Service-Teil nennt Vertiefungsliteratur sowie Adressen von Fachverbänden und Dienstleistern in Deutschland, Österreich und der Schweiz. Auch für kleinere Organisationen werden zahlreiche Tipps und Empfehlungen gegeben.

The Matrix Map—a powerful tool for nonprofit strategic decision-making Nonprofit sustainability lies at the intersection of exceptional impact and financial viability. The Sustainability Mindset offers nonprofit professionals and board members a step-by-step guide to move your organization towards this intersection. As outlined in the bestselling book Nonprofit Sustainability,'The Matrix Map'is an accessible framework that combines financial and programmatic goals into an integrated strategy. In this next-step resource, the authors detail a rigorous process to develop a meaningful Matrix Map and engage leadership in setting an organization's strategy. Nonprofits that thrive in today's environment are adaptable with a clear understanding of their impact and business model. This book offers nonprofit boards and staff a framework to do so. Drawing on their in-depth experience, the authors provide an easy-to-follow process complete with tools and templates to help organizations visualize their business model and engage in strategic inquiry. The book provides a variety of illustrative examples to show how the Matrix Map works for all types of organizations. Nonprofit executives and board member are sure to benefit from The Matrix Map analysis. Offers step-by-step guidance for creating a Matrix-Map, a visual representation of an organization's business model Helps organizations assess how each of their programs contributes toward their desired impact and their financial bottom-line. Filled with compelling examples of how The Matrix Map helps nonprofits with strategic decision-making Written by the coauthors of the groundbreaking book Nonprofit Sustainability This comprehensive resource will give any nonprofit the framework they need to make decisions for sustainability and the templates and tools to implement it and help leaders address the challenges inherent in balancing mission impact with financial viability.

Transform your vision and passion into positive change as you learn how to effectively start, grow, and lead a nonprofit organization with this practical, inspiring guide. FROM PASSION TO EXECUTION: HOW TO START AND GROW AN EFFECTIVE NONPROFIT ORGANIZATION weaves meaningful, real examples and insights, based on the author's extensive experience, into a high-energy, powerful presentation that equips you with the confidence to follow your dream of starting an organization that will impact others. This reader-friendly book provides specific how-to steps to start a nonprofit organization with a focus on long-term sustainability. The author shows you how to set the ground work, from exploring your personal passion and effectively articulating a mission statement to building a solid board. You also learn how to communicate vision, design programs, and ignite volunteers. The book then teaches you how to build on this foundation by assembling the right business team, crafting a strategic plan, seeking supporters, and navigating differing personalities as the organization grows. Finally, you learn to assess results and adjust plans to effectively manage and continue to lead a flourishing organization. Discover the insights you need to transform you vision into positive change as FROM PASSION TO EXECUTION: HOW TO START AND GROW AN EFFECTIVE NONPROFIT ORGANIZATION provides first-hand direction for building and sustaining a successful non-profit organization with the power to inspire change.

Für die Erzielung langfristiger Spenderbeziehungen ist das Vertrauen eines Spenders in eine Nonprofit-Organisation von zentraler Bedeutung. Dabei kann die Kommunikation mit potentiellen Spendern allgemein und die Kommunikation über onlinebasierte soziale Netzwerke im Besonderen theoretisch-fundiert als vertrauensfördernd charakterisiert werden. In diesem Sinne liegt der Schwerpunkt dieser Arbeit auf einer empirischen Analyse onlinebasierter sozialer Netzwerke und ihrer Wirkung auf das spenderseitige Vertrauen sowie die zukünftige Verhaltensabsicht potentieller Spender. Dies ermöglicht es, dem Leser empirisch-fundierte Handlungsempfehlungen zu präsentieren, welche eine vertrauensorientierte Gestaltung von Spenderbeziehungen erlauben.

How to Write Successful Fundraising Appeals Now in a completely revised third edition, this classic book shows how to create winning appeals that will realize the full potential of direct mail and online fundraising. Written by fundraising guru Mal Warwick, with assistance from Eric Overman, this comprehensive resource gives nonprofit fundraising staff the information needed to write compelling fundraising appeals for any medium. If you follow Warwick's guidelines, your direct mail and online fundraising campaigns will produce better results, year after year. Written in an easy-to-read style, the book is filled with practical techniques, proven approaches, and illustrative examples of both successful and unsuccessful appeals based on the authors'wealth of experience fundraising for hundreds of nonprofits. Step-by-step and appeal by appeal, the book shows how to navigate the fundraising appeal process with ease. To meet the demands of today's socially connected donors, this new edition explains how to mesh today's online technologies with direct mail to produce optimal fundraising results. You'll learn how to use e-mail, websites, Facebook, Twitter, and mobile technology to recruit more donors and raise more money. The book includes current research on timely topics such as online vs. offline behavior, online giving statistics, demographics, and best practices in integrated fundraising. If you're a nonprofit professional eager to master the latest methods in fundraising, or simply need to write direct mail appeals for your organization, How to Write Successful Fundraising Appeals will help you hone your skills and create appeals that will hit the mark every time.

​Traditionelle Stiftungen stehen in der Kritik, ihre Förderpraxis nicht ausreichend an den Bedürfnissen und der Leistung der von ihnen geförderten Organisationen auszurichten. Venture Philanthropy begegnet dieser Kritik und versucht, den traditionellen Ansatz durch Methoden von Venture Capital-Gesellschaften zu verbessern. Diese neue Finanzierungskultur hat das Potenzial, Effizienz und Effektivität gemeinnütziger Förderaktivitäten deutlich zu steigern. Ein zentrales Merkmal von Venture Philanthropy ist die enge Betreuung der geförderten Organisationen. Auf Basis einer Umfrage unter knapp 50 europäischen und nordamerikanischen Venture Philanthropy-Gesellschaften deckt die Arbeit vorherrschende Betreuungsmuster auf und beschreibt, unter welchen Umständen diese zur Anwendung kommen. Zudem zeigt sie auf, wie sich die Betreuung auf den Erfolg einer Finanzierung auswirkt und welche Formen das größte Erfolgsversprechen besitzen.

The Generosity Network is the essential guide to the art of activating resources of every kind behind any worthy cause. Philanthropist Jeff Walker and fund-raising expert Jennifer McCrea offer a fresh new perspective that can make the toughest challenges of nonprofit management and development less stressful, more rewarding—and even fun. Walker and McCrea show how traditional pre-scripted, money-centered, goal-oriented fund-raising techniques lead to anxiety and failure, while open-spirited, curiosity-driven, person-to-person connections lead to discovery, growth—and often amazing results. Through engrossing personal stories, a wealth of innovative suggestions, and inspiring examples, they show nonprofit leaders how to build a community of engaged partners who share a common passion and are eager to provide the resources needed to change the world—not just money, but also time, talents, personal networks, creative thinking, public support, and all the other forms of social capital that often seem scanty yet are really abundant, waiting to be uncovered and mobilized. Highly practical, motivating, and thought provoking, The Generosity Network is designed to energize and empower nonprofit leaders, managers, donors, board members, and other supporters. Whether you help run a multimillion-dollar global nonprofit or raise funds for a local scout troop, PTA, or other community organization, you'll learn new approaches that will make your work more successful and enjoyable than ever.

Previous Praise for Winning Grants Step by Step'Warning: this book works. It provokes you to ask the right questions, hand-holds you through practical exercises, and offers a map that includes paths to develop strategic relationships with funders.'—E. Eduardo Romero, Nonprofit Roundtable'Winning Grants Step by Step is a very practical A-to-Z resource that speaks to the importance of staying focused on your mission every step of the way. The third edition is artfully updated with words of wisdom from grantmakers themselves, as well as updates on the latest processes and buzzwords all grantseekers need to know.'—Heather Iliff, Maryland Association of Nonprofit Organizations'With solid advice and clear examples, nonprofit leaders will find it a page turner!'—Clarence Hauer, senior director, strategy and organizational development, St. Louis Nonprofit Services Consortium'Winning Grants Step by Step is a gift to nonprofit organizations. The valuable insights and hands-on tools will instantly make any proposal more competitive.'—Alex Carter, Your Nonprofit Coach'Developing great grant proposals is essential for nonprofit leaders. Winning Grants Step by Step provides important guidance to those who are new to fundraising as well as to anyone who needs a refresher. This new edition of Winning Grants brings updated tips and vivid examples. As an experienced fundraising consultant, I believe it will help my clients and colleagues alike.'—Maria Gitin, CFRE, Maria Gitin & Associates'As an executive director, fundraising is on my mind every day. It's great to have a resource like Winning Grants Step by Step to use and share with my board, staff, and peers.'—Deborah Menkart, executive director, Teaching for Change

Practical tools and techniques to incorporate ethical standards and practices in nonprofit fundraising Nonprofit Fundraising Strategy is a helpful and inspiring resource for nonprofits large and small, young and mature, local and international. The insightful guidance and case studies found within these pages will help you understand how to address specific ethical issues within your nonprofit and leave plenty of food for thought and discussion. Adds new materials on new business practice codes, the Ethics Assessment Inventory, coverage of new ethics standards Now includes an ethics assessment tool on the Ethical Fundraising, Second Edition companion website Considers essential topics including: appearance of impropriety, rights of donors, tainted money, using donations as intended, choosing a leadership role, ethical decision-making, restoring public confidence in the nonprofit sector, and the ethics of grant making and grant seeking Written by luminaries in the field of ethics in fundraising Explores a topic that all professional fundraisers must engage with in order to build the trust and confidence of the giving public Offers an invaluable collection of essays based on the rich experience of philanthropic leaders Presents wise reflections on the central role of ethics in fundraising Featuring contributions from a host of well-known and respected senior-level fundraising professionals, several of whom are members of the AFP Ethics Committee, Nonprofit Fundraising Strategy features a wealth of practical tools to help fundraising practitioners, board members, and governing boards implement these essential concepts into their own organizations.

Concisely written and easy to follow, How to Win Grants demonstrates a three-stage grant development model distilled into 101 actionable strategies, arranged in order of execution and supplemented by helpful checklists. In stage one, “Prepare,” grantseekers begin by assessing their personal and agency fundability, improving their positioning for grants, learning shortcuts to planning successful grant projects, and finding out how to locate the most likely sources of grant funding. In stage two, “Persuade,” grantseekers learn how to convince private and public grantmakers that their project deserves funding by adapting their project plan to the specific needs of each funder. In stage three, “Perform,” readers learn the most important ways to continue attracting grant funding for the long term. This indispensable guide also dispels widespread myths about grantseeking, identifies unproductive behaviors to avoid, and teaches readers how to engage the funder's interest and make the most compelling case for their project. With all this and more, How to Win Grants is every individual and organization's ticket to a winning grantseeking campaign!

In the nonprofit sector, money drives mission. Well-managed budgets and investments can spur long-term growth and achievement, while financial mismanagement can damage and even destroy organizations. Weikart, Chen, and Sermier—in their exciting new text geared wholly to nonprofits—provide the financial tools nonprofit managers need to thrive in pursuit of mission success. Given the wide array of nonprofit managers′ backgrounds, and recognizing that there is often an inherent fear of'the financials,'the authors explain financial concepts without leaning unnecessarily on intimidating jargon. The result is a practical, accessible resource the prepares the next generation of nonprofit managers in financial planning and analysis as well as conventional and entrepreneurial financial management. Grounded in real-world cases and offering plenty of opportunity for application and practice, Budgeting and Financial Management for Nonprofit Organizations helps readers develop a stable fiscal foundation and sound financial strategies for their organizations to prosper in times of economic expansion and contraction.