Financial Management for Nonprofit Organizations

by Hankin, Jo Ann; Seidner, Alan; Zietlow, John

• ISBN13: 9780471168423
• ISBN10: 0471168424
• Edition: 1st
• Format: Hardcover
• Copyright: 1998-04-22
• Publisher: Wiley

Summary

This cash management and investment handbook for nonprofit managers helps managers from diverse backgrounds learn to manage their organization's money. It examines traditional treasury functions including banking and cash flow and explores investment management and strategies for managing excess cash, endowment, and long-term (planned) gifts. It also examines financial management strategies that impact cash flow, including borrowing, risk management, benchmarking, and long-term planning. Addresses the needs of all types and sizes of organizations, from small religious groups and community social service agencies to major cultural institutions and colleges and universities. Includes a diskette with spreadsheet solutions to common financial management problems, such as interest rate calculations, basic yield calculations, financial rations and more.

Author Biography

JO ANN HANKIN is a nationally recognized consultant in the field of fundraising, and financial/administrative management for nonprofits.

ALAN SEIDNER was the founder of Seidner & Company of Pasadena, California, an investment management and consulting firm. He is currently a Senior Consultant for Client Development with the Pyatt Broadmark Real Estate Lending Funds.

JOHN T. ZIETLOW, D.B.A., CTP, is a professor of finance at Southwest Baptist University, Bolivar, MO, and he also teaches graduate nonprofit financial management at Indiana University-Purdue University at Indianapolis and Indiana University, Bloomington.

Table of Contents

Preface	ix	(2)
Acknowledgment	xi
Chapter 1 Understanding Nonprofit Organizations	1	(41)
Chapter 2 Using Financial Management to Accomplish Your Mission	42	(25)
Chapter 3 Financial Roles and Responsibilities	67	(37)
Chapter 4 Long-Range Financial Planning and Strategy	104	(42)
Chapter 5 Developing and Managing a Financial Plan	146	(36)
Chapter 6 Financial Reports	182	(54)
Chapter 7 Technology Tools-Managing Information	236	(22)
Chapter 8 Types and Sources of Funding for Your Program	258	(45)
Chapter 9 Cash Management and Banking Relations	303	(33)
Chapter 10 Managing Your Organization's Liabilities	336	(31)
Chapter 11 Investment Policy and Guidelines	367	(40)
Chapter 12 Investing Principles, Procedures, and Operations for Short-Term and Long-Term Endowment	407	(76)
Chapter 13 Fixed-Income Securities Portfolio Management and Investment Operations	483	(54)
Chapter 14 Safeguarding the Organization's Assets, People, and Property: Risk Management and Audit	537	(21)
Chapter 15 Financial Policy--Internal and External	558	(10)
Chapter 16 Evaluating Your Progress	568	(23)
Index	591