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Financing Nonprofits - Putting Theory into Practice (Paperback)
Loot Price: R1,796
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Financing Nonprofits - Putting Theory into Practice (Paperback)
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Nonprofits often struggle financially, overwhelmed by the need to
muster a complex combination of income streams that range from
grants and government funding to gifts-in-kind and volunteer labor.
Financing Nonprofits draws upon a growing body of scholarship in
economics and organizational theory to offer a conceptual framework
for understanding this diverse mix of financing sources. By
applying theory, readers can understand when a nonprofit
organization should pursue particular sources of income and how it
should manage its portfolio of income from different sources.
Organized under the auspices of the National Center on Nonprofit
Enterprise, Financing Nonprofits argues that those who would manage
nonprofit organizations must first develop a conceptual framework
through which they can understand the complicated and fast-paced
landscape surrounding nonprofit decision-making. It offers a piece
by piece analysis of the many potential components of nonprofit
operating income, including a detailed study on how to accumulate
the capital needed for major infrastructure projects or endowments
and an examination of how to maintain a healthy investment profile
once sufficient capital exists. By melding theory with practice,
Young and the other contributors to Financing Nonprofits have
created a volume that will serve as a practical guide to financing
strategies for executive directors, CFOs, and board members of
nonprofit organizations in a wide variety of fields; as a text for
graduate students in nonprofit finance; and as a source of ideas
for researchers to continue to probe and illuminate the many subtle
issues associated with finding the right mix of resources to
support the essential work of nonprofit organizations in our
society.
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