COVERITLIVE.COM

11:59

Maria Di Mento - Hello, and welcome to today’s online discussion. Today we’re going to take a long look at how nonprofit leaders can make smart financial decisions.

12:00

Maria Di Mento - While nonprofit leaders are passionate about their causes and nimble at finding creative ways to help those they serve, many are not adequately trained in finance and often must make financial decisions without the right tools.

12:01

Maria Di Mento - Joining us today to address this issue and answer your questions is Kathleen Enright, the president and chief executive of Grantmakers for Effective Organizations, a national coalition of 350 institutions, which recently published a new report called, "On the Money: The Key Financial Challenges Facing Nonprofits Today."

12:03

Maria Di Mento - She will be available for the next hour to take your questions.

12:03

Maria Di Mento - Before we get started, I’d like to issue a couple of reminders.

12:04

Maria Di Mento - You are invited at any time during the discussion to ask questions or post comments on what you are reading.

12:04

Maria Di Mento - To do that, simply type your question in the field below. And as always, we will be offering a full transcript of this event after it is complete at http://philantrhopy.com/live.

12:05

Maria Di Mento - Without further ado, let’s get started.

12:07

Maria Di Mento - Our first question today comes from Fran Simon, the Chief Engagement Officer at  Engagement Strategies, who asks: Can you talk a little about Dan Pallotta’s views on the unreasonable internal and external expectations about lean resource allocation in nonprofit organizations as put forth here http://blogs.harvardbusiness.org/pallotta/ and in his book Uncharitable?

12:08

Maria Di Mento - Our first question today comes from Fran Simon, the Chief Engagement Officer at  Engagement Strategies who asks:

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