Nonprofit Finance Fund

Grant Status

Completed

Project Title

Financial Management Technical Assistance for NYSHealth Grantees

Award Amount

$5,196

Location

New York, NY

Website

http://www.nonprofitfinancefund.org

Date Awarded

April 1, 2010

With the economic downturn, NYSHealth recognizes that its grantees could benefit from financial management technical assistance (TA) in addition to direct grant support for their projects. Grantees from smaller organizations often lack experience developing and implementing long-term strategic fiscal plans that are critical to effectively sustaining their organizations and projects.

This project provides NYSHealth grantees with technical assistance around fiscal planning methods to weather the economic storm. The Nonprofit Finance Fund’s Recession Fundamentals Workshop is a half-day seminar that will give the leadership of grantee organizations the necessary guidance and tools to withstand challenging economic times.

Topics of the workshop include:

assessing organizational preparedness;
evaluating fiscal risk exposure and tolerance;
identifying and quantifying budget options; and
communicating organizational financial stories to current and potential funders.