41. Just Say 'No' to Funding

Specialized Knowledge
Field of Study: 
Business Management & Organization
CPE Credit: 
Knowledge Level: 
Advanced Preparation: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 19, 2018

It goes without saying that funding is needed to accomplish mission. However, funding continues to be a nonprofit organization's greatest challenge, and "No, Thank You!" may in fact just be the best answer to a funding opportunity. Join three nonprofit professionals in setting the path to a funding strategy that strengthens your organization, rather than depletes it. Strategic considerations in this discussion will include:

  • Is there a match between the funding level and expected results?
  • Is it time to exit a program rather than keep it alive?
  • Does the funding increase our diversification strategy?
  • Is this opportunity in line with our gift acceptance policy?

This session will leave participants with the confidence to just say "No" to certain funding.

Learning Objectives:

  • Apply a strategic and objective approach to funding and gift acceptance
  • Determine the key factors to consider prior to accepting funding and donations