Financial Leadership CohortDate / Time: February 15, 2019 12:00 am
Are you an accidental nonprofit CFO? Gain confidence, tools, and a network of support through our Financial Leadership Cohort.
Financial leadership can be challenging and sometimes scary. You may not always feel like you have the knowledge or tools to confidently lead your organization’s financial management. Yet organizations that thrive are those whose leaders approach finance with confidence, even if they don’t have all the answers.
Our goal: Develop the financial leadership capacity needed for nonprofits to be sustainable and financially healthy.
Why apply for the Financial Leadership Cohort?
Through cohort sessions, you will become more knowledgeable, confident, and savvy about nonprofit finance. We’ll target results for your organization’s needs and help develop a culture of financial understanding at your nonprofit – and within the sector. You’ll gain:
- Confidence in your ability as a financial leader
- Increased knowledge of nonprofit financial management concepts
- Progress on self-identified outcomes
- Improvement in your organization’s financial position
What you’ll receive:
- 6 monthly half-day learning sessions on topics including understanding business models, communicating financial information, and building relationships with staff and board around finance
- Support and guidance to develop financial management tools (dashboard report, cash flow, action plan)
- Free registration to the 2019 Nonprofit Finance & Sustainability Conference
- A peer network for support and sharing
- One-on-one coaching with Propel Nonprofits’ finance experts
The ideal candidate is:
- In the role of managing your organization’s finances without a formal finance background
- From a nonprofit organization with a budget size between $500,000 and $3,000,000
- Eager to grow professionally and use new tools to bring a positive change to your nonprofit and the sector
Eligibility & Cost
The cohort will be selected to reflect the diversity of Minnesota’s nonprofit organizations which could include different sectors, focus areas, populations served, and budget sizes. Participants will be selected to complement each other and create a dynamic peer learning group. Priority will be given to applicants who are available to attend the six scheduled half-day training sessions.
- Cohort is limited to 12 participants
- Cost: $350 to be invoiced after your selection
Dates & Deadlines
- Applications due February 15, 2019
- Selected applicants will be notified by February 25
- Initial cohort gathering + lunch: March 22
- Finance & Sustainability Conference: Thursday, April 11
- Training session dates: 8:30 am-12:30 pm on May 10, June 14, July 12, August 9, September 20
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