Take the Fear Out of Financial Statements

A three-session series on financial oversight for nonprofit board members.

At The Community Foundation of Macon County, a key priority in our current strategic plan is investing toward enhancing the strength and sustainability of our local nonprofits – an important step beyond our regular grantmaking. During the past few years, we’ve accomplished this by offering professional development opportunities, including partnering nonprofit leaders with fundraising coaches and hosting free workshops with guest speakers on a variety of topics. We've also seen great success with our Introduction to Board Governance course facilitated by Bruce Nims.

We're pleased to offer the second course in our Macon County Legacy nonprofit leadership collaborative: Take the Fear Out of Financial Statements.

Course Overview

The three-session course will cover the following topics: fiduciary duties of nonprofit boards, basic nonprofit financial literacy, and financial reporting and monitoring for financial health. Also included are reviews of typical financial reports given to board members, including–

  • Statement of financial position
  • Statement of activities
  • Statement of cash flows
  • Statement of functional expenses

Check this page for upcoming dates for the course.