Developing a Purpose-aligned Budget

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Developing a Purpose-aligned Budget

September 27, 2023 @ 12:00 pm - 1:15 pm

A yearly budget can appear rather cut and dry, but depending on who makes decisions about the budget and how these choices are made, there will be wide-ranging implications for the philanthropy’s grantmaking and spending policies. Budget decisions should also be informed by the collective values and purpose of a philanthropy, and not just the financial aspects.

What are the questions you ask when developing your budget and allocating resources, and who is permitted to weigh in on these decisions? What are you trying to accomplish, and what do you need to spend to reach those goals? What are the different types of capital available to use towards your social impact goals? And is your family thinking critically about perpetuity and lifespan? In this webinar, hear insights for how the budgeting process can support your organization’s philanthropic purpose.

This webinar is available only to Philanthropy WV members. To RSVP, please email our Director of Operations Chad Matlick at chad@philanthropywv.org

This is part of the Fundamentals of Family Philanthropy Webinar Series from the National Center of Family Philanthropy.

Details

Date:
September 27, 2023
Time:
12:00 pm - 1:15 pm
Event Category:

Other

Topics
Finance
Audience
Family Foundation