Kate Barr, CEO Propel Nonprofits and Jeanne Bell, Director of Advanced Practice, NPQ
For most nonprofits, there is no more consistent planning process or tool than the annual budget. It captures our best thinking about the year to come, and once adopted, acts as the monthly or quarterly platform for so much discussion at the staff and board levels. Often, another year flies by, and we don’t take the time to review our approach to the process or the document itself with a critical eye.
Kate Barr and Jeanne Bell, who have teamed up before for NPQ, will guide you through an assessment of your current approach to the annual budget and share actionable recommendations for how to update your process and budget document to better reflect today’s financial and strategic realities.
This session will cover:
- Strategic choice points in the design of your budget-building process. Who is involved? When? Why? How?
- Budget formatting options to better present nuances such as restricted funding and uses of various forms of capital
- How to use your budget to engage staff and board in analysis and decision-making year-round
This session is ideal for executive directors, finance directors, board finance committee members, and others who work closely on the annual budgeting process.