Nonprofit Workshop: Budgeting and Financial Strategy

Sherwood Trust will present a free two-part workshop on Nonprofit Budgeting and Financial Strategy Workshop with Professor Sharon Kioko, Associate Professor at UW Evans School of Public Policy & Governance as part of this year’s ongoing community learning programs. This workshop is a deeper dive into nonprofit budgeting and financial strategy.

Workshops will be held May 12 and 26 at Walla Walla Community College. Workshops are free and open to the public. Registration is required and available at www.sherwoodtrust.org or by calling 509-529-2791.

Participants in the Nonprofit Budgeting and Financial Strategy Workshop will learn nonprofit budget basics, cost structures, revenues, budgeting for a reserve, managing budgets over time, understanding your organization’s business model, connecting operating budget to cash flow projections, and managing restricted grants.

Who should attend this workshop? This nonprofit budgeting and financial strategy workshop is for people who work in and volunteer in nonprofits. If you want to learn more about how to steward your organization’s resources, this workshop is for you. Workshops offer ideas for both new and experienced board members. It is appropriate for organizations of all sizes, whether they have staff or not.

“The Nonprofit Budgeting and Financial Strategy Workshop will give participants a hands-on learning opportunity to better understand cost structures, revenues and how to budget for a surplus,” said Sherwood Trust Program Director Julia Leavitt. “In partnership with Professor Sharon Kioko, we support people working and volunteering in nonprofits building professional networks and skills to better support the work they do here in the region.”

About the speaker:
Sharon Kioko is a nationally recognized public financial management scholar, is an Associate Professor at the Daniel J. Evans School of Public Policy and Governance at the University of Washington. Her book Financial Strategy for Public Managers (with Justin Marlowe) is the first open-access graduate-level textbook for public financial management. Dr. Kioko has a B.A. in economics from the University of Nairobi (Kenya), a Master of Public Administration, and a Ph.D. (Public Affairs) from Indiana University – Bloomington, and is also a Certified Public Accountant (CPA-Kenya).

Sherwood Trust is a private, placed-based foundation that supports capacity-building to ensure that everyone in the Walla Walla Valley has a sense of belonging and contributes to a thriving region. Founded in 1991 to continue the legacy of Donald and Virginia Sherwood’s efforts to make the Walla Walla Valley a better place, it has invested more than $36 million to strengthen nonprofits and improve communities here.

More information about Sherwood Trust community learning and grant opportunities can be found at www.sherwoodtrust.org.