Finance for Nonprofit Board Members
Linking Mission To Money
The transition to being a not for profit board member is fraught with
uncertainty regarding roles and responsibilities. Allen Proctor has
provided
the new and experienced board member with a treasure trove of insights on
overseeing the financial processes of non profit institutions. A must read
for anyone interested in improving governance in the not for profit sector!
Leonard Schlesinger
Vice Chairman
Limited Brands, Inc.
Columbus,
Ohio
Proctor's demystifying book is important, and he argues
powerfully that while budgets, projections, and fiscal prudence are
essential, we must never forget the higher aspirations of our
institutions. Goals should determine budgets, not conversely!
Professor Jeremy Knowles
Former Dean
Faculty of Arts and Sciences
Harvard University
Linking Mission to Money is an indispensable guide on how
to make
budgets and other financial tools work for non-profit organizations.
Allen Proctor has done a wonderful
job of describing how to link budget
decisions to organizational goals. It is easy to understand, accurate
and complete. Although intended for board members of non-profit
organizations, the information this handbook provides will be useful to
anyone who is interest in helping non-profit organizations make
effective use of the resources available to them.
William J. Shkurti
Senior Vice President for Business and Finance
The
Ohio State
University
This is an excellent reference book.
[Allen Proctor] is a national
figure in the area of nonprofit governance and taught at
Harvard
University as well as Columbia University. The book
provides a balance between the conceptual and the practical while not drowning
in numbers. That is an impressive
accomplishment for a book about finance.
http://www.boardoptions.com/books.htm
Stewardship of financial
resources is a key board responsibility. Allen Proctor shows, clearly and
simply, how to exercise that responsibility. He provides an excellent set of
tools for evaluating financial performance without jargon or unnecessary
complexity.
Lawrence R. Ladd
National Director
Higher Education Practice
Grant Thornton LLP