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Financing Nonprofits

Putting Theory into Practice
Editors:
Publisher:
 2006

Summary

Nonprofits often struggle financially, overwhelmed by the need to muster a complex combination of income streams that range from grants and government funding to gifts-in-kind and volunteer labor. Financing Nonprofits draws upon a growing body of scholarship in economics and organizational theory to offer a conceptual framework for understanding this diverse mix of financing sources. By applying theory, readers can understand when a nonprofit organization should pursue particular sources of income and how it should manage its portfolio of income from different sources. Organized under the auspices of the National Center on Nonprofit Enterprise, Financing Nonprofits argues that those who would manage nonprofit organizations must first develop a conceptual framework through which they can understand the complicated and fast-paced landscape surrounding nonprofit decision-making. It offers a piece by piece analysis of the many potential components of nonprofit operating income, including a detailed study on how to accumulate the capital needed for major infrastructure projects or endowments and an examination of how to maintain a healthy investment profile once sufficient capital exists. By melding theory with practice, Young and the other contributors to Financing Nonprofits have created a volume that will serve as a practical guide to financing strategies for executive directors, CFOs, and board members of nonprofit organizations in a wide variety of fields; as a text for graduate students in nonprofit finance; and as a source of ideas for researchers to continue to probe and illuminate the many subtle issues associated with finding the right mix of resources to support the essential work of nonprofit organizations in our society.



Bibliographic data

Copyright year
2006
ISBN-Print
978-0-7591-0989-6
ISBN-Online
978-0-7591-1412-8
Publisher
Rowman & Littlefield, Lanham
Language
English
Pages
429
Product type
Edited Book

Table of contents

ChapterPages
    1. Contents No access
    2. List of Tables No access
    3. List of Figures No access
    4. List of Boxes No access
    5. Foreword No access
    6. Preface No access
  1. I Introduction No access Pages 1 - 2
  2. 1 Why Study Nonprofit Finance? Dennis R. Young No access Pages 3 - 20
    1. 2 Individual Giving Patrick Rooney No access
    2. 3 Institutional Philanthropy Joseph Cordes and Richard Sansing No access
    3. 4 Government Funding of Nonprofit Organizations Michael Rushton and Arthur C. Brooks No access
    4. 5 Fee Income and Commercial Ventures Estelle James and Dennis R. Young No access
    5. 6 Membership Income Richard Steinberg No access
    6. 7 Investment Income Woods Bowman, Elizabeth Keating, and Mark A. Hager No access
    7. 8 Volunteer Resources Anne E. Preston No access
    1. 9 Collaboration and Barter Renee A. Irvin No access
    2. 10 Gifts-in-Kind and Other Illiquid Assets Charles M. Gray No access
    3. 11 Borrowing and Debt Robert J. Yetman No access
    1. 12 Managing Endowment and Other Assets Woods Bowman No access
    2. 13 Income Portfolios Kevin Kearns No access
    3. 14 Financial Health Janet S. Greenlee and Howard Tuckman No access
    1. 15 Toward a Normative Theory of Nonprofit Finance Dennis R. Young No access
  3. References No access Pages 373 - 398
  4. Index No access Pages 399 - 426
  5. About the Contributors No access Pages 427 - 429

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