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Nonprofit Finance

Frameworks for Organizational Success

Knowing the "numbers" is a complex task for most nonprofit leaders. This session will help senior executives improve their understanding of the entire financial picture of their organization. Through lectures and small work groups, participants will have the opportunity to better understand their financial statements, to spot financial trends, to identify areas of cost containment and to predict the implications of their management decisions.

Taught by leading Kellogg accounting and management faculty along with outstanding practitioners, this course is relevant for nonprofit managers who want to enhance their financial acumen and better manage their financial resources.

Upcoming Sessions

  • Apply Online
    February 13-14, 2017
  • Apply Online
    February 21-22, 2017
  1. Senior nonprofit executives and active board members responsible for shaping the direction, mission and programs of their organization
  2. Nonprofit CEOs,  Executive Directors and major program managers looking for new tools and approaches to make their organizations perform effectively
  3. Mid-level nonprofit managers looking to take their careers to the next level by learning about the finance function of a nonprofit organization
During this course, you will:
  1. Develop the analytical ability to look at the revenue and expense sides of the nonprofit organization
  2. Look for threats to the financial sustainability of your nonprofit organization and responses to those threats
  3. Learn to think about current assets and ways to leverage those assets for the future

Introduction to Nonprofit Finance

  1. Explore current issues in nonprofit finance including challenges such as the general economy, funding cuts from federal, state, and local sources, and greater competition in the philanthropic marketplace
  2. Identify solutions to the challenges such as effective use of budgeting and financial tools, more comprehensive understanding of finance operations, and building capacity for more collaborative relationships
  3. Through an interactive case study, participants will develop an understanding of, and have the opportunity to build both operating and cash budgets

Understanding Your Financial Position

  1. Identify the three major financial statements and their interrelationships, participants will have the opportunity to utilize actual audited financial statements from two prominent nonprofit organizations as well as working with their own organization’s financial statements
  2. Develop skills at asking the right questions about financial statements
  3. Examine some key performance indicators
Jim Croft - Academic Director of Finance, Kellogg Center for Nonprofit Management; Former EVP and CFO, Field Museum

Marian Powers - Adjunct Professor of Executive Education

Nonprofit Management Programs are held at Northwestern University's Chicago Campus.

Wieboldt Hall

Kellogg Conference Center
340 East Superior Street
Maps and Directions

Programs typically start promptly at 8:30 am and end by 5:00 pm each day. Once you have registered and paid for a program, you will receive a detailed schedule which includes daily start/end times, session titles, and faculty names.

Program Fees
All two and three-day programs cost $950.00 each. Up to 50% scholarships are available for all of our nonprofit executive education programs for those working in nonprofit organizations.

Application Deadline
The deadline for registration is 10:00 am one business day prior to the program start date.

Participants are responsible for booking their hotel accommodations during their stay in Chicago.
Download Recommended Hotel List

Cancellation Policy:
Participants must notify the Program Manager five business days in advance of the program start date if they are unable to attend.  Otherwise, participants will be charged 20% of the stated program fees.

When canceling a program registration, participants may choose to rollover their payment to a future program or receive a refund.  Participants are allowed three rollovers, after the third rollover, participants forfeit the money paid to the Center for Nonprofit Management.  

 *Refund or rollover must be requested at the time of the program cancellation.  Once a program payment has been rolled over, a monetary refund is no longer an option.  The participant must continue with the rollover process.

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