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Financing Nonprofits: Putting Theory into Practice Paperback – September 8, 2006

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Editorial Reviews


This is a most important and illuminating book about the very complex subject of nonprofit organizations' resources. The book provides an excellent guide to the subject: It deals thoroughly with the different types of resources―financial and non-financial, each of them separately and all of them as a whole. It makes a strong case for diversification of organizational resources but not at all costs and not in all cases. Finally, it links the issue of obtaining resources to the issue of organizational strategic planning, where it belongs. This is a 'must read' for nonprofit managers, researchers, and policy-makers. (Benjamin Gidron, Director, Israeli Center for Third sector Research, Ben Gurion University of the Negev)

This book is a 'must-read' for all those interested in the nonprofit sector. Dennis Young has assembled an exceptional group of experts who expand our understanding of nonprofit finance. (Diana Aviv, President and CEO, Independent Sector)

Financing Nonprofits combines elegant academic analyses of various financial issues, such as managing endowments, with practical examples and advice. A must read for financial overseers of nonprofit organizations. (Regina E. Herzlinger, Nancy R. McPherson Professor of Business Administration, Harvard Business School)

This is the most comprehensive treatise to date on nonprofit financing. It will be of great utility to both practitioners and scholars. (James E. Austin, Snider Professor of Business Administration Emeritus, Harvard Business School)

Financing Nonprofits attains a new plateau in advancing research and practice in nonprofit finance. Young and his colleagues clearly distinguish the study and analysis of nonprofit finance from that of government or for-profit entities, thus clearing the way to develop a distinct body of normative theory and practice for nonprofits. . . . All of the chapters are rich in case studies and analysis of real world issues. This impressive and accessible volume is a 'must-read' for CEO's, CFO's and trustees of nonprofits and for students and scholars interested in nonprofit finance. (Virginia Hodgkinson, Georgetown University)

The capitalization and financing challenges facing nonprofits continue to take on greater importance in a sector that is undergoing dramatic change. Dennis Young and NCNE have brought together an impressive group of experts who offer solid explanations and interesting insights into available nonprofit financing options. More importantly, Financing Nonprofits provides a platform for the kind of high level dialogue that often gets lost in the day-to-day realities of nonprofit management. Ultimately, it's this kind of discussion that will positively influence an organization's ability to deliver mission impact for the long term. (Mario Morino, Chairman, Venture Philanthropy Partners)

Dennis Young's new book provides a comprehensive examination of the important topic of nonprofit financing by a collection of some of the most prominent scholars in the field. The volume will be of use and interest to scholars and practitioners alike. (Sharon Oster, Economics and Management, Yale School of Management)

Finally, a comprehensive treatment of nonprofit finance―in all of its variety and permutations. Congratulations to the authors for putting into one volume everything we need to know about nonprofit finance. For nonprofit leaders this is a useful synthesis with chapters on every conceivable type of income and helpful diagnostic questions for managers; for researchers this is the current thinking from the field's experts with research questions and an explicit step toward a theory of nonprofit finance. Well done! (Elizabeth T. Boris, Director, Center on Nonprofits and Philanthropy, The Urban Institute)

...this commendable volume...has added significantly to the increasing number and diversity of books...of nonprofit organizations... (Herrington Bryce Nonprofit and Voluntary Sector Quarterly, Voluntary Sector Quarterly)

About the Author

Dennis R. Young is Bernard B. and Eugenia A. Ramsey Professor of Private Enterprise, Andrew Young School of Policy Studies at Georgia State University and president of the National Center on Nonprofit Enterprise.


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Product Details

  • Paperback: 454 pages
  • Publisher: AltaMira Press; First Edition (US) First Printing edition (September 8, 2006)
  • Language: English
  • ISBN-10: 0759109893
  • ISBN-13: 978-0759109896
  • Product Dimensions: 6.1 x 0.9 x 9.2 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #539,321 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews

Format: Paperback
Nonprofit NGOs in disability and ethnic groups are a growing phenomenon, and often cross the reporting boundaries from health to education, human services, and even the arts, mental health, social science, youth development, and civil rights (Racino, 2014).

The 2007 book by Dennis Young is exceptional in reporting in great detail the financial status of non-profits in the US with insights into government funding, individual giving, institutional philanthropy, membership and fee-based income, investment and capital, volunteer resources, and portfolios and financial health and at endowments.

The book also provides information on the growth in federal outlays highlighting an increase from $68.3 billion in 1980 to $459.4 billion in 2000 (460% increase) in Health and Human Services alone (Individual giving, Rooney). And the same chapter discusses the anticipated $6.6. trillion and $24.7 trillion in charitable bequests and more as transfer of baby boomer assets!

In 2005, the combined revenue of local Boys and Girls Clubs were reported as exceeding $1.1 billion with total club increased from 1,800 to 3,900 (Roxanne Spillett, President). University Centers for Nonprofit Policy and Practice are also described, similar to local nonprofit management and training to the voluntary, non-profits by its university or educational counterparts (non-profits). This author has mainly been concerned about the instability of initiatives for different population groups which sometimes are reported as recreation and sports, mental health or youth development.

The US donors are a charitable group themselves, with individuals giving $184 billion in deductible donations to nonprofits in 2002 and another $18 billion in charitable bequests.
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By Chrishella Carter on October 22, 2014
Format: Paperback
Used It for class...... Beneficial!
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