Providing Financial Management Technical Assistance for NYHealth Grantees

Grantee Name

Nonprofit Finance Fund

Funding Area

Special Projects Fund

Publication Date

July 2014

Grant Amount

$5,196

Grant Date:

July 2010 – November 2010

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In response to the economic downturn, the New York Health Foundation (NYHealth) worked with the Nonprofit Finance Fund to create a one-time technical assistance (TA) program to help NYHealth grantees build capacity in their financial management capabilities.

Grantees, especially those from smaller organizations, may lack experience developing and implementing long-term strategic fiscal plans that are critical to effectively sustaining their organizations and the projects that represent their mission. In 2010, NYHealth awarded the Nonprofit Finance Fund a grant to develop and lead a TA workshop for selected NYHealth grantees.

Outcomes and Lessons Learned

Developed workshop curriculum geared for leaders of small and midsize grantee organizations with budgets of $1 million to $10 million dollars;
Led a half-day workshop, “Managing in a Changed and Changing Economic Reality,” composed of 3 different sessions for 34 NYHealth grantees on September 23, 2010;
Provided grantees with the necessary guidance and tools to weather challenging economic times and develop sound fiscal management practices; and
Received positive assessments of the workshop based on data gathered from the surveys. Participants expressed a high level of satisfaction with the workshop presentations and the collaboration and networking opportunities afforded to them.

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