Functional Expense: Why it is Important to Get it Right
Monday, September 11 & Monday, September 25 | 2:00 PM – 3:00 PM | Web Meeting
Presented by: Presenter: Cindy Bergvall, CPA, Director, Bee, Bergvall & Company
Facilitated by: Tish Mogan, Standards for Excellence Director, PANO
“100% of your donation goes to programming!” We sometimes hear this promise as part of an overzealous fundraising campaign. But is that really the best way to encourage donors? We all know that it takes money to make money and that you need a strong management platform to run your organization well. So you need fundraising expenses and administrative expenses. But what is the “right” mix? And how do you calculate what expenses go into what functional expense category?
This online program will focus on:
The program consists of four modules covered in two one hour sessions on line.
Session 1 | Monday, September 11, 2017
Module 1 (functional expense 101)
Module 2 (100% of your donation is not going to programming - and that’s a good thing!: educating donors and your board)
Session 2 | Monday, September 25
Module 3 - The new nonprofit standard and functional expenses
Module 4 - What does your functional expense statement tell you about the impact of your organization
Sessions will be recorded and registrants will receive the recordings if you are not able to make both dates.
$60 PANO Members
$120 Regular Price