Financial Analysis for Grantmakers 101

Financial Analysis 101 is part of NCG's 2012 workshop series Financial Analysis For Grantmakers. Learn more >>

Assessing Nonprofit Financial Health: Linking Money & Mission

How can grantmakers help nonprofits generate more impact? By aligning grant dollars to the financial and business needs of nonprofit organizations, grantmakers can better support nonprofit financial sustainability and leverage their limited resources to achieve better and more results. It is critical that grantmakers have the ability to assess the financial health and condition of the organizations they are looking to support. This workshop, delivered by Nonprofit Finance Fund, provided tools to guide grantmakers in their financial assessments of grantees and familiarizes participants with fundamental principles of finance in the nonprofit sector.

Participants Convened To

• Get a crash course on interpreting financial statements to reveal the financial reality underpinning a nonprofit's programs
• Use real-life examples to demonstrate how the choices nonprofits make impact the organization's financial health and viability
• Explore how to engage in a dialogue with grantees about financial challenges and resource needs   

Who Attended

This workshop is best suited to the needs of grantmakers for whom financial due diligence is a component (or desired component) of the grantmaking process; and who are either new to assessing nonprofit financial data or would like a refresher on some of the fundamental principles of finance in the nonprofit sector.

Facilitator

David Greco is the Vice President of the Nonprofit Finance Fund (NFF) bringing more than 20 years of experience in building nonprofit programs and earned income ventures.  He is currently leading NFF's efforts in the Western and Midwest, regions to build the capacity and the financial health of nonprofits loans, capital grants, asset-building programs, and a variety of consulting services.

Prior to joining NFF, David served as Vice President of Professional Services for the Youth Leadership Institute (YLI), directing YLI's national training and consulting services helping to create more sustainable communities by bringing youth and adults together to identify issues and to create local solutions. 

Previous experience includes five years at Jossey-Bass Publishers where he launched a new social leadership publishing line focused on providing resources for nonprofits and individuals engaged in social change. David has also served as the Corporate and Foundation Relations Manager for the National Wildlife Federation, and Director of Programs for the Horatio Alger Association working with economically disadvantaged youth.

David serves on the Board of Next Step  Homes, a national affordable housing network, and he is active with a number of nonprofit organizations including Full Circle Fund, La Cocina, and the San Francisco Chapter of the Sierra Club.  He is the author of "Nonprofit Financial Management" featured in "Nonprofit Management 101: A Complete and Practical Guide for Leaders and Professionals" edited by Darian Heyman.

Originally from Philadelphia, David earned his M.A. in Political Science from Villanova University and B.S. in History & Politics from Drexel University.