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By: Harris Financial Advisors | On: July 11, 2018 | Category: Nonprofit |
An endowment is a hallmark of financial longevity and an important component of any nonprofit’s long-term strategy. It allows nonprofit board members, administrators and donors to build a reserve fund to further their organization’s mission and complement sometimes irregular annual gifts and donations.
By: Harris Financial Advisors | On: May 31, 2018 | Category: Nonprofit |
Cash is the lifeblood of every organization, but for a nonprofit, this vital resource goes beyond the bottom-line. A lack of cash can interfere with an organization’s ability to achieve a social mission or deliver services to those in need. The weight of this responsibility falls to nonprofit leaders and boards and is challenging for many.
By: Harris Financial Advisors | On: May 25, 2018 | Category: Community Involvement, Nonprofit |
The Harris Financial team has put on their volunteer hats again on Saturday, April 28, 2018. This time, the project was to build picnic areas for the AltaSea program at the Port of Los Angeles.
By: Harris Financial Advisors | On: February 22, 2018 | Category: Financial Planning, Nonprofit |
For nonprofit leaders, managing an investment portfolio to support a charitable organization’s mission is a significant challenge. Proper investment stewardship requires the right blend of heart, dedication and expertise. Assessing whether an organization has the right elements in place for success is critical to ensuring its well-being. Here are three guideposts that are essential to building financial wherewithal within a nonprofit organization:
