Financial Empowerment: More Money for More Mission: An Essential Financial Guide for Not-For-Profit Organizations (Wiley Nonprofit Law, Finance, and Management) [Hardcover]

Peter C. Brinckerhoff (Author)

Book Description

ISBN-10: 0471296929 | ISBN-13: 978-0471296928 | Publication Date: February 27, 1998 | Edition: 1

In order to make sure that a not-for-profit is able to best complete its mission, a manager of the organization must determine how to allocate the resources it has today, and ensure the financial future of the organization by managing the funds to work for them in the long-term. This second volume of the widely-respected Mission-Based Management(r) Series outlines a not-for-profit organization's plan for financial success. It highlights the eight characteristics of financial empowerment, and provides the skills and concepts that a nonprofit organization and its managers will need to survive, including estimating cash needs, treating funders like valued customers, developing money-making businesses, determining the financial options that are available, and implementing an empowered budget process.

Other titles in the Mission-Based Management(r) Series

Mission-Based Management: Leading Your Not-for-Profit into the 21st Century

Named "Best New Nonprofit Management Book" by the Nonprofit Management Association. The Association said, "The Nonprofit Management Association is pleased to spotlight the extraordinary work of Peter Brinckerhoff in his newest publication, Mission-Based Management: Leading Your Not-for-Profit Into the 21st Century." The book was cited by the Nonprofit Management Association as "a great overall manager's and board member's guide to non-profits—quite laudable in that it's eminently readable and downright enjoyable."

Mission-Based Marketing: How Your Not-for-Profit Can Succeed in a More Competitive World

A direct, practical guide that shows how you can lead your not-for-profit to success in a more competitive world. The book provides the knowledge and skills to build a market-driven organization that holds onto its core values, does more mission better, and successfully competes for funding, clients, referral sources, staff, and board members.

In this direct, practical guide, Peter Brinckerhoff shows how you can have more money to do more mission. You will learn:

• How to get more funds from current sources
• How to find and develop new sources of funds
• How to keep more of what you get
• How to use your funds to do more mission over the long term

In the book you will learn the eight characteristics of financial empowerment and then explore each one in depth. Peter gives you ideas and techniques you can begin to use tomorrow. The book shows you:

• How to estimate cash needs
• How to treat your funders like valued customers
• How to develop a money-making business
• How to make your financial reports into valuable tools
• What financing options are available—and what to avoid
• An empowering budget process
• How to price your services effectively
• When to set up a subsidiary corporation
• The role of the CEO in financial empowerment
• The role of the board in financial empowerment
• Specific steps you can begin now to achieve financial empowerment
• A sample empowerment plan
• How to keep what you earn so you can do more mission
• All of this and more presented in Peter's own direct and helpful style, honed over hundreds of seminars and workshops

Peter is the author of two award-winning books, Mission-Based Management and Financial Empowerment, both published by Wiley. His newest book, Mission-Based Marketing, was released in September 1997. Peter's books are used as the core texts in over 50 graduate and undergraduate university programs in nonprofit management. Peter's articles have been published in Advancing Philanthropy, NonProfit World, Strategic Governance, The Journal of Nonprofit and Voluntary Sector Marketing, Communications, and The Grantsmanship Center News.

Peter received his Bachelor's Degree from the University of Pennsylvania and his Master's of Public Health Administration from Tulane. He is a former VISTA Volunteer, and has served as a staff member, Executive Director, board member, and volunteer for numerous local, state, and national not-for-profits. Peter lives in Springfield, Illinois with his wife Chris and their three children, Ben, Adam, and Caitlin.

Editorial Reviews

From the Publisher

Once a nonprofit is established and money has been raised to fulfill a philanthropic mission, the management of the organization must then plan financially for the future. This book in the Mission-Based Management Series outlines a proven plan for financial success. It is packed with practical strategies for helping an organization get more funds from current sources, find and develop new funding sources, keep more of what they've made, and more.

From the Inside Flap

Financial Empowerment More Money for More Mission By Peter C. Brinckerhoff In this direct, practical guide, Peter Brinckerhoff shows how you can have more money to do more mission. You will learn:

• How to get more funds from current sources
• How to find and develop new sources of funds
• How to keep more of what you get
• How to use your funds to do more mission over the long term

In the book you will learn the eight characteristics of financial empowerment and then explore each one in depth. Peter gives you ideas and techniques you can begin to use tomorrow. The book shows you:

• How to estimate cash needs
• How to treat your funders like valued customers
• How to develop a money-making business
• How to make your financial reports into valuable tools
• What financing options are available—and what to avoid
• An empowering budget process
• How to price your services effectively
• When to set up a subsidiary corporation
• The role of the CEO in financial empowerment
• The role of the board in financial empowerment
• Specific steps you can begin now to achieve financial empowerment
• A sample empowerment plan
• How to keep what you earn so you can do more mission
• All of this and more presented in Peter’s own direct and helpful style, honed over hundreds of seminars and workshops

See all Editorial Reviews

Product Details

• Hardcover: 256 pages
• Publisher: Wiley; 1 edition (February 27, 1998)
• Language: English
• ISBN-10: 0471296929
• ISBN-13: 978-0471296928
• Product Dimensions: 9 x 6.1 x 1.1 inches
• Shipping Weight: 1.4 pounds
• Amazon Best Sellers Rank: #2,468,490 in Books (See Top 100 in Books)

More About the Author

Peter Brinckerhoff has spent his entire adult life working in, around, and for not-for-profits. He is dedicated to the concept that a not-for-profit organization is a mission-based business, in the business of doing its mission.

When Peter formed his firm, Corporate Alternatives, inc. in 1982 it was the first consulting and training company in the United States dedicated exclusively to the management concerns of 501(c) (3) organizations.

A former VISTA Volunteer, Peter knows how not-for-profits work from his experience as a volunteer, his work as a staff member and later as executive director of two regional not-for-profits, and from his service on numerous state, local, and national not-for-profit boards. He brings this understanding of the many perspectives in a not-for-profit organization to his work.

Peter is an award-winning author, with eight books and two workbooks in print, and over 60 articles published in the not-for-profit press. Three of his books, Mission-Based Management, Financial Empowerment and his newest, Generations, The Challenge of a Lifetime for Your Nonprofit, each won the prestigious Terry McAdam Award from the Alliance for Nonprofit Management. The award is given for "The Best New Nonprofit Book" each year. He is the only author to win the award multiple times. Peter's books are used as texts in courses at the undergraduate and graduate nonprofit management programs in over 100 colleges and universities worldwide.

Peter is also a highly acclaimed speaker and lecturer, presenting his ideas on how to make not-for-profits more effective to dozens of audiences across the United States as well as overseas each year.

From 2003-2007, Peter was an Adjunct Professor of Nonprofit Management at the Kellogg School of Management at Northwestern University. He taught the core graduate course in the Nonprofit Management program at Kellogg. In addition, Peter has guest lectured at the graduate level at Boston University, University of Colorado, University of Illinois, and Vanderbilt University.

Peter received his Bachelor's Degree from the University of Pennsylvania, and his Master's Degree in Public Health Administration from Tulane University. Raised in Connecticut, Peter and his family lived in Springfield, IL from 1977-2007. Peter and his wife now call Union Hall, VA home.

Peter can be contacted by email at [e-mail]