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Expert Q & A: How can grantmakers best read and analyze nonprofit financial statements?

FavoriteBy: Chad Gorski, Senior Internal Auditor at Howard Hughes Medical Institute Understand the goal of the statement analysis and consider the risk assessment needs of your organization: What part of the required due diligence process does it fulfill? How much risk is acceptable? What red flags will impact decision-making? Is a ground-up analysis necessary or can third party info be used? See Project Streamline’s guide on Grant Budgets and Financial Reports, which helps grantmakers think through what information is really needed to make a grant. The Due Diligence Done Well guide from Grantmakers for Effective Organizations is also very useful. Understand the accounting Read more





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The State of Philanthropy in Oregon

FavoriteGRANTMAKERS of Oregon and Southwest Washington is a community of funders working to strengthen and expand philanthropy and improve the vitality and health of our communities. The organization is a resource for funders, an advocate for ethical and responsible charitable giving and a catalyst for effective philanthropy.