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Calculating True Program Costs
Date: 05/23/2012 Time: 09:00 AM – 12:00 PM Location: The Banks Building, 615 First Ave. NE, Minneapolis, MN, 55413 MCF Member: $65Nonmember Grantmaker: $80
To register someone other than yourself for this program, e-mail Chantel Karney or call 612.465.0715.
Online registration has closed. To register, please contact Chantel Karney at ckarney@mcf.org or 612.465.0715.
Sponsored by Mayo Clinic, Medica Foundation and WCA Foundation
Part of MCF’s Effective Grantmaking Series.
Description: A key ingredient of effective nonprofit financial management is an accurate understanding of true program costs. In the new normal, nonprofit leaders are making greater efforts to calculate true program cost, understand how each program impacts overall organizational financial health and give greater attention to allocation and distribution of expenses.
Full of budgeting examples, this workshop will give you a better understanding of nonprofit budgeting and financial systems and how nonprofit leaders use the information for management and planning. With the knowledge, you’ll do a better job of reviewing grantee proposals and understanding true program costs.
Key terms such as direct and indirect expense, overhead and administration will be discussed and defined.
Presenter: Phil Hatlie, loan officer and trainer, Nonprofits Assistance Fund
MCF Cancellation Policy: if you must cancel your attendance for this event, please contact Chantel Karney via email or at 612.465.0715 before May 21 to ensure a refund.
