Financing Nonprofits draws upon a growing body of scholarship in economics and organizational theory to offer a conceptual framework for understanding this diverse mix of financing sources. By applying theory, readers can understand when a nonprofit organization should pursue particular sources of income and how it should manage its portfolio of income from different sources.
Nonprofit Revenue Strategy: More Isn’t Always Right
Organized under the auspices of the National Center on Nonprofit Enterprise, Financing Nonprofits argues that those who would manage nonprofit organizations must first develop a conceptual framework through which they can understand the complicated and fast-paced landscape surrounding nonprofit decision-making. It offers a piece by piece analysis of the many potential components of nonprofit operating income, including a detailed study on how to accumulate the capital needed for major infrastructure projects or endowments and an examination of how to maintain a healthy investment profile once sufficient capital exists.
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By melding theory with practice, Young and the other contributors to Financing Nonprofits have created a volume that will serve as a practical guide to financing strategies for executive directors, CFOs, and board members of nonprofit organizations in a wide variety of fields; as a text for graduate students in nonprofit finance; and as a source of ideas for researchers to continue to probe and illuminate the many subtle issues associated with finding the right mix of resources to support the essential work of nonprofit organizations in our society.
About The Author. Dennis R.
Young is Bernard B. Select Parent Grandparent Teacher Kid at heart. Age of the child I gave this to:. Hours of Play:. Tell Us Where You Are:. Preview Your Review. Thank you.flipitnguyen.dev3.develag.com/campaign-of-84-biographies-of-james-g.php
References - Finance Fundamentals for Nonprofits - Wiley Online Library
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Why Study Nonprofit Finance? Chapter 4 1.
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Part 5 II. Sources of Support for Operations Chapter 6 2. Individual Giving Chapter 7 3. Institutional Philanthropy Chapter 8 4.
Investment Income Chapter 12 8. Sources of Capital Chapter 14 9. Collaboration and Barter Chapter 15 Borrowing and Debt Part 17 IV. Managing Endowments and Other Assets Chapter 19 Income Portfolios Chapter 20 Financial Health Part 21 V. Towards a Normative Theory of Nonprofit Finance.
This is a most important and illuminating book about the very complex subject of nonprofit organizations' resources. The book provides an excellent guide to the subject: It deals thoroughly with the different types of resources—financial and non-financial, each of them separately and all of them as a whole. It makes a strong case for diversification of organizational resources but not at all costs and not in all cases.
Finally, it links the issue of obtaining resources to the issue of organizational strategic planning, where it belongs. This is a 'must read' for nonprofit managers, researchers, and policy-makers. Dennis Young has assembled an exceptional group of experts who expand our understanding of nonprofit finance. A must read for financial overseers of nonprofit organizations.
Herzlinger, Nancy R. It will be of great utility to both practitioners and scholars. Austin, Snider Professor of Business Administration Emeritus, Harvard Business School Financing Nonprofits attains a new plateau in advancing research and practice in nonprofit finance. Young and his colleagues clearly distinguish the study and analysis of nonprofit finance from that of government or for-profit entities, thus clearing the way to develop a distinct body of normative theory and practice for nonprofits. All of the chapters are rich in case studies and analysis of real world issues.
Foundations of Management
This impressive and accessible volume is a 'must-read' for CEO's, CFO's and trustees of nonprofits and for students and scholars interested in nonprofit finance. Dennis Young and NCNE have brought together an impressive group of experts who offer solid explanations and interesting insights into available nonprofit financing options.
More importantly, Financing Nonprofits provides a platform for the kind of high level dialogue that often gets lost in the day-to-day realities of nonprofit management. Ultimately, it's this kind of discussion that will positively influence an organization's ability to deliver mission impact for the long term.
Related Financing Nonprofits: Putting Theory into Practice
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