The event will bring audience participants together to discuss the important financial realities their organizations face, with an outlook towards improving the financial health of the sector overall.
The Bank of America Charitable Foundation and the Nonprofit Finance Fund, in partnership with the Broward County Cultural Division, will present the event, titled, “Non-Profit Revenue Realities and Capital Requirements in Changing Times,”
Kristin Giantris, vice president for the Eastern Region of the Nonprofit Finance Fund will be a keynote speaker.
The workshop will include a question-and-answer session.
Board members of nonprofits, executive directors, chief financial officers and managers are invited to the program which will be hosted by Bank of America.
Unlike the for-profit sector where infusions of equity or capital are common, the nonprofit sector lacks an equity stream. Thus, as nonprofits seek to unlock new revenue or adjust their current revenue model mix, they have to decide what important concepts and realities to keep in mind and what amounts of money they really need.
According to a statement announcing the workshop, Giantris will give insights and guidance on asking the right questions and developing practices to help nonprofits secure capital to support change and innovation.
She will discuss topics such as including self-sufficiency, diversity of funding, revenue risk, how growth and scale can be successfully financed and how nonprofits can effectively communicate their financial story to prospective funders.
Her professional experience combines more than 15 years of economic development and debt financing in the nonprofit and for-profit sectors.
The workshop will be held from 9 a.m. to 11 a.m. on Tuesday, May 17, at the IGFA Fishing Hall of Fame & Museum, 300 Gulf Stream Way, Dania Beach.
There is no fee to attend this workshop but seating is limited and RSVP is required.
For more information or to sign up, call Adriane Clarke, 954-357-7530 or visit broward.org/arts.