Funders: Stop Asking for Budgets
This message is for funders. Listen up. I know that you are rarely told what to do by grantees. That wouldn’t be prudent. And other funders would never suggest how you should run your foundation. So I am stepping…
Investing Your Cash
If you've built your reserves and now have some cash to invest in CDs, this spreadsheet can help you manage the timing of those investments. Make sure to keep about 3 months of cash on hand while putting the…
3 Keys to Financial Health: Your Budget is Your Plan for Your Net Assets
This is part 3 of the 3 Keys to Financial Health series. You can read part 1, Don't Borrow from Your Future here and part 2, Build Reserves in Good Times to Use in Hard Times here. 3) Your…
3 Keys to Financial Health: Build Reserves in Good Times for Use in Hard Times
This is part 2 of the 3 Keys to Financial Health series. You can read part 1, Don't Borrow from Your Future here. 2) Build reserves in good times, so that you can use them in hard times. But…
The 3 Keys to Financial Health: Don’t Borrow from your Future
The financial health of your organization remains at the core of your work. Not because money makes the world go round. But because without it you will be spending your time filling the funding gaps and chasing cash. Instead…
A Dream of a New Economy
As the nation celebrates Dr. Martin Luther King, Jr.,’s birthday, the media will rain his words from the “I Have a Dream” speech down upon us like water. Words about racial justice. About deliverance. Words from the scriptures. Toward…