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A New Way Forward: Planning for your Nonprofit’s Financial Health
August 27, 2020 @ 10:00 am - 11:30 pmFree
Presented by: Council of Michigan Foundations, Michigan Nonprofit Association, Michigan Community Resources and Co.act Detroit
This engaging and interactive multi-part series will provide guidance to Michigan’s nonprofits as they consider re-entry into the workplace. Sessions will be grounded in equity as we balance the exploration of legal, HR and financial requirements as well as ways to strengthen team culture, redefine the work space and realign to mission.
Planning for your Nonprofits Financial Health Strong financial health is vital for nonprofits to continue providing critical services in communities across Michigan. However, the operational environments of many nonprofits are being challenged in unprecedented ways, and for some there are difficult decisions on the horizon. It is at these times of external uncertainty that organizations must have a clear picture of their current and near-term financial position and be proactive in their decision making. Join us for this engaging conversation as our presenters provide an overview of the current financial landscape and guidance on legal matters impacting nonprofits’ financial viability, with emphasis on strategies for proactive planning and scenarios that can support stable financial health now and into the future. This session will include time for Q&A.