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
