CHAPTER SEVENTEENFINANCIAL LEADERSHIP AND SUSTAINABILITY

Steve Zimmerman

The millions of people who work, volunteer, and donate to the nonprofit sector are drawn by a passion for strengthening communities, not a love of finance. Finances are often approached with reluctance, sometimes due to lack of interest and sometimes with trepidation due to a lack of understanding. While understanding an organization's intended impact and programmatic strategies for accomplishing it is important, it is not enough. Without adequate financial resources, strategies will remain solely ink on a page. Nonprofit organizations are businesses. They require the generation and allocation of resources to accomplish their respective mission effectively and efficiently. ...

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