Budget Tools as Aids in Strategic Planning
Session materials from PEAK2019.
As grantmakers, we’re in the business of giving away money. As nonprofits, we have a mandate to fulfill our mission. One of the most critical constraints to both is our grantmaking budgets. Engage in a discussion about grant budget constraints and using tools for addressing those constraints to support strategic planning, right-size initiatives, and manage staff and grantee expectations.
Participants will learn about:
Budget scenario planning and using it to support organizational planning
Applying budget planning methods shared in the session to their own work
The effect of multi-year grants on projected grant budgets
- Financial Management: Implement financial policies and controls to ensure effective and efficient deployment of financial resources for grantmaking.
- Process and Change Management: Plan and monitor processes efficiently and effectively and manage change as needed to contribute to grantmaker's strategic goals and grantee's success.