Financing Nonprofits

by Young, Dennis R.; Bowman, Woods; Brooks, Arthur; Cordes, Joseph; Gray, Charles M.; Greenlee, Janet; Hager, Mark; Irvin, Renee; James, Estelle; Kearns, Kevin; Keating, Elizabeth; Preston, Anne; Rooney, Patrick; Rushton, Michael; Sansing, Richard; Spillett,

• ISBN13: 9780759109889
• ISBN10: 0759109885
• Format: Hardcover
• Copyright: 2006-09-11
• Publisher: AltaMira Press

Summary

Nonprofits often struggle financially, overwhelmed by the need to muster a complex combination of income streams that range from grants and government funding to gifts-in-kind and volunteer labor. Financing Nonprofits draws upon a growing body of scholarship on the economics and organizational theory of nonprofit organizations to offer a set of practically applicable principles that can guide nonprofits towards firmer financial ground. Organized under the auspices of the National Center on Nonprofit Enterprise, Financing Nonprofits is both an invaluable resource to nonprofit leaders and an ideal classroom resource for students of nonprofit finance.

Table of Contents

List of Tables	ix
List of Figures	xi
List of Boxes	xiii
Foreword	xv
Preface	xxi
I Introduction
1 Why Study Nonprofit Finance?	3	(20)
Dennis R. Young
II Sources of Support for Operations
2 Individual Giving	23	(22)
Patrick Rooney
3 Institutional Philanthropy	45	(24)
Joseph Cordes and Richard Sansing
4 Government Funding of Nonprofit Organizations	69	(24)
Michael Rushton and Arthur C. Brooks
5 Fee Income and Commercial Ventures	93	(28)
Estelle James and Dennis R. Young
6 Membership Income	121	(36)
Richard Steinberg
7 Investment Income	157	(26)
Woods Bowman, Elizabeth Keating, and Mark A. Hager
8 Volunteer Resources	183	(24)
Anne E. Preston
III Sources of Capital
9 Collaboration and Barter	207	(20)
Renee A. Irvin
10 Gifts-in-Kind and Other Illiquid Assets	227	(16)
Charles M. Gray
11 Borrowing and Debt	243	(28)
Robert J. Yetman
IV Income and Asset Portfolios, and Financial Health
12 Managing Endowment and Other Assets	271	(20)
Woods Bowman
13 Income Portfolios	291	(24)
Kevin Kearns
14 Financial Health	315	(24)
Janet S. Greenlee and Howard Tuckman
V Synthesis
15 Toward a Normative Theory of Nonprofit Finance	339	(34)
Dennis R. Young
References	373	(26)
Index	399	(28)
About the Contributors	427