Financing Nonprofits: Putting Theory into Practice book, by Dennis R. Young discusses complicated mixture of earnings streams that assortment from grants and federal government funding to gifts-in-kind and volunteer labor. This book attracts upon a developing body of scholarship in economics and organizational theory to present a conceptual framework for understanding this different mix of financing sources.
By applying theory, readers can recognize when a nonprofit group should go after certain sources of revenue and the way it should really handle its portfolio of income from distinct solutions. Structured beneath the auspices in the National Middle on Nonprofit Enterprise, this book argues that people who would handle nonprofit organizations must initial develop a conceptual framework via which they’re able to understand the complicated and fast-paced landscape bordering nonprofit decision-making.
Financing Nonprofits: Putting Theory into Practice delivers a piece by piece evaluation of the several prospective elements of nonprofit operating revenue, which includes a comprehensive study on how to accumulate the capital required for key infrastructure projects or endowments and an examination of the way to maintain a healthful investment decision profile when sufficient finance exists.
By melding idea with follow, Financing Nonprofits: Putting Theory into Practice will serve as being a sensible guide to financing strategies for government directors, CFOs, and board members of nonprofit companies inside a broad assortment of fields.
It is recommended text for graduate students in nonprofit finance to supply tips for researchers to continue to probe and illuminate the a lot of refined issues related to finding the appropriate mix of source to support the important operate of nonprofit companies in our culture.
Financing Nonprofits: Putting Theory into Practice
Dennis R. Young, Woods Bowman, Arthur Brooks and Joseph Cordes
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