Balancing the Mission Checkbook

Depreciate your way to a healthier nonprofit

Depreciation is seldom given the respect it deserves. For many who are first encountering the term, it is a mysterious financial concept best considered only by CPAs. At Nonprofits Assistance Fund, we hold depreciation among our favorite tools for building reserves and planning for the future stability of an organization.

Twin Cities' Underserved Areas to Benefit from Midwest Lenders Alliance funded by JPMorgan Chase

Vital new private-sector funds will be flowing into the Twin Cities to help low-income communities and special-needs residents. Nonprofits Assistance Fund will soon have access to additional capital for lending thanks to a new partnership between Minnesota’s Nonprofits Assistance Fund (NAF), Chicago-based IFF, and the JPMorgan Chase Foundation.

Busting the Nonprofit Overhead Myth starts with you

When the topic of overhead costs comes up, there is always a shared sentiment that we need to work together to change the emphasis on this single ratio and focus on quality, results, and impact. In this blog post, Kate Barr urges nonprofits to communicate beyond overhead, and it can begin with changing your financial pie chart.

Be provocative: Embrace your nonprofit-ness

Last week, Nonprofits Assistance Fund and Minnesota Council of Nonprofits presented our 3rd Annual Nonprofit Finance and Sustainability Conference. The turnout was fantastic: 415 nonprofit staff and board members. Our keynote, Phil Buchanan, president of the Center for Effective Philanthropy, set the conference, and Twitter, abuzz with his great lead on the theme Embracing our Nonprofit-ness.

Something for everyone

Last week, I celebrated my one year anniversary at Nonprofits Assistance Fund. As I was reflecting back on what a great year this has been with an amazing organization, I recalled what my first few weeks on the job were like.

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