News

This past week, the Minnesota Council of Nonprofits held the Nonprofit Leadership Summit: The Future of Leadership. The goal of the conference was to explore principles of nonprofit leadership, the role of leaders, different forms of leadership, and how nonprofit leadership strengthens organizations and communities.

At Nonprofits Assistance Fund, we believe that everyone has a role in financial leadership. Whether or not you have a financial management position or responsibilities, you can influence your organization's financial health and future. Everyone has a responsibility to participate in sound planning, prudently manage budgets and resources, and ask important, tough questions. As an emerging leader, tapping into your financial leadership helps build sustainable organizations and a healthy nonprofit sector.

As part of the Nonprofit Leadership Summit, Kate Barr presented Financial Issues for Emerging Leaders. During this session, we reviewed, and sometimes debunked, twelve "golden rules" of financial management - including proven practices, nonprofit myths, and innovative ideas - to help participants converse with financial managers and board members, build understanding, and gain confidence as a financial leader.

Session Materials:

• Twelve Golden Rules of Financial Management - Session Handout
• Session PowerPoint

To learn more about healthy financial practices for the nonprofit community, please explore our website:

• Financial Management Resources
• Balancing the Mission Checkbook
• Nonprofits Count Enewsletters
• Financial Management Workshops

For more information on the Leadership Summit and to see other conference materials, please visit the Minnesota Council of Nonprofits.