Upcoming webinar: Budgeting and forecasting for nonprofits & charities Want to learn more about budgeting best practices? Join our upcoming webinar with CharityVillage—“Budgeting and Forecasting for Nonprofits & Charities”—on Thursday, August 11, 2022, at 10 am PT / 1 pm...
To be entrepreneurial means to act upon ideas and opportunities to build value for others – whether it be social, economic, or environmental. The definition, developed by the European Commission, is the driving concept behind Venture for Canada’s mission: Fostering the...
Regardless of their size or mission, nonprofit organizations need insurance protection against risks seen and unseen. A nonprofit organization’s insurance portfolio is one part of a larger risk management program that includes risk avoidance and reduction through corporate safety programs,...
A group insurance plan is a key component of competitive compensation packages and plays a vital role in both attracting and retaining valuable staff. As an employer, you offer a benefits plan to staff as a way to reward them...
Good financial health is the cornerstone of a sustainable nonprofit. As nonprofit leaders, we all know the importance of financial management, but budgets and audits still give us the worst headaches. How can we build up our financial management muscles...
Want to learn more on this topic? We've partnered with Imagine Canada to present a free webinar on June 25. Click here for more details and to register. An increasing number of private investors are looking for opportunities to invest...
Original broadcast date: Thursday, May 28, 2020 Summary: The global health crisis has placed world markets in a precarious position with no end in sight. In this time of uncertainty, we’ve seen many not-for-profit organizations across Canada struggle to retain...
Effectively managing your nonprofit’s finances is always important, but even more so when times are uncertain. Forecasting your cash flow, for example, can help your organization respond and adapt to immediate financial challenges. Equally important, cash flow forecasts are a...
Want to learn more about budgeting for beginners? Watch the accompanying webinar recording. I vividly remember the first time I was asked to prepare a budget. I wasn’t sure where to start. There was no written process. I couldn’t find any...
Community bonds are an alternative model of financing for charities and nonprofits, that are repayable to investors, with defined interest terms. The bonds allow organizations to collect capital for projects and pay it back over time, like a loan, but...
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