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Nonprofit Finance II

Frameworks for Organizational Success

Understanding and managing the financial health of your nonprofit organization is critical for long-term sustainability and success. Building on our very popular program, Nonprofit Finance, this new two-day executive education program allows participants to do a deeper dive on the topic of finance. This program will cover financial planning, and in-depth case study on operating, capital, and cash budgeting, revenue diversification, activity based reporting, aligning finance with mission, socially responsible investing, and managing investments for maximum mission impact.

Participants will have an opportunity to learn from Kellogg faculty and leading nonprofit practitioners while building their networks with fellow nonprofit leaders.

Upcoming Sessions

  1. Senior nonprofit executives and active board members responsible for shaping the mission and programs of their organization
  2. Nonprofit CEOs, Executive Directors and major program managers looking for new 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

*Enrollment Pre-Requisites –

  1. Anyone interested in applying for this program must have either taken Nonprofit Finance with the Center for Nonprofit Management OR have significant educational/career experience in finance.
  2. A working knowledge of Excel is important – most of Day 1 will be spent working through a case study, which utilizes Excel to build and adjust various types of budgets. A basic Excel tutorial will be sent out with the advance reading materials, all participants must come to the program prepared to effectively work in Excel.

During this course, you will:
  1. Learn how to create and analyze the following types of budgets: Operating, Cash, Capital
  2. Understand best practices in the annual budgeting process
  3. Align finance with mission using Activity Based Reporting
Financial Management in Challenging Times
  1. Overview of current nonprofit challenges, understand causes and explore solutions
  2. Financial Planning & Budgets
    1. Operating Budget, Capital Budget, Cash Budget
  3. Revenue Diversification
  4. Managing Expenses

Financial Strategies for Mission-Driven Organizations
  1. Identify best practices in annual operating budget process – form, content, and controls
  2. Consider “activity based reporting” to align finance with mission
  3. Examine how multi-year financial plans support mission
  4. Discuss informing and engaging your board of directors/advisors in financial review and planning
Jim Croft - Executive Vice President, 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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