Today, we’re delighted to announce a new weekly series of six webinars covering topics in nonprofit finance. These webinars introduce NFF’s insights into both traditional and cutting-edge topics, ranging from how nonprofits can use debt to how they can be best positioned to respond to Pay for Success, Impact Investing and other opportunities as they develop in the coming years.
The webinars are designed for nonprofit professionals and aspiring nonprofit professionals who would like to get a clear view of the current and emerging nonprofit financial landscape.
The series will begin on Tuesday, September 24th and continue for six consecutive Tuesdays. Webinars are priced individually at $69 each, and the full series is available at a discount. Register here through Eventbrite!
Scroll down for a description of the series and each of the six webinars:
The Spectrum of Nonprofit Financing Options
The following webinar series starts with a beginner-level, context setting session about common ways that nonprofits use traditional lending products in support of their mission, before exploring some of the newer ways that philanthropic equity and impact investments are being used in the social sector. All of the webinars are designed for nonprofit professionals and emphasize key steps that organizations must take to prepare themselves for each type of transaction.
1. An Introduction to Debt and Financing for Nonprofits
Tuesday Sept. 24 at 3:00 EST /12:00 pm PST
Many nonprofits successfully use debt as a strategic tool to:
- Purchase, build or renovate a facility, including to make leasehold improvements
- Purchase or upgrade equipment required for operations
- Manage timing of receivables from government grants or capital campaigns
- Expand programs or grow an earned income or social venture
- Temporarily smooth cash flow to meet day-to-day operating needs
This introductory webinar is designed as resource for organizations that are new to the lending process and would like to learn more. In 60 minutes, NFF reviews the typical types of loans available for nonprofits, what lenders look for from potential borrowers, and what to expect from a lender.
2. The How and Why of PRIs: A Guide to Program- and Mission-Related Investments
Tuesday Oct. 1 at 3:00 pm EST/12:00 pm PST
Funders are increasingly considering modified, low-interest lending programs such as Program-Related Investments (PRIs) and Mission-Related Investments (MRIs) as supplements to their traditional grantmaking practices. But when do PRIs or MRIs make sense as a financing tool for nonprofits? NFF’s experienced lenders will provide an overview of these two unique types of financing—including when, how and where these investments can be used by nonprofits for maximum mission returns. This 60-minute webinar provides answers to nonprofits’ most common questions about this growing mechanism to supplement grant funding.
3. Philanthropic Equity: Bringing Programs to Scale
Tuesday Oct. 8 at 3:00 pm EST/12:00 pm PST
In the for-profit sector, a company periodically requires an injection of equity capital to fuel its growth and pay for the deficits incurred en route to sustainability—the point at which revenue reliably covers operating expenses. While the ownership and return concepts of equity do not exist for nonprofits (which don't have owners), mission-focused organizations nonetheless share the episodic need for investment and for capital funders to play the economic role. Presently, the sector is beginning to change in the way nonprofits and donors think about growth and fundraising, and how donated funds can helpfully fill this gap where other resources fail to do so. Through this 60-minute webinar, NFF will unpack the concept of “philanthropic equity”, help participants distinguish between the roles of builders (those who invest in creating high-performing nonprofit enterprises) and buyers (those who invest directly in effective program execution), and offer tools to help each be more effective.
4. Understanding New Market Tax Credits
Tuesday Oct. 15 at 3:00 pm EST/12:00 pm PST
The NMTC program, administered by the CDFI Fund of the US Treasury Department, uses tax credits to attract private investment to low-income communities. By allocating these tax credits on behalf of the government, qualified intermediaries can make flexible financing available to nonprofit borrowers in these communities. While the structuring can be complex, NMTC deals have helped finance health centers, nonprofit theatres, charter schools, and food banks in communities where these services are needed. Join NFF for a 60-minute webinar that explains the necessary requirements for successful participation in a NMTC transaction.
5. The Emergence of Pay for Success Funding
Tuesday Oct. 22 at 3:00 pm EST/12:00 pm PST
At a time when citizens and their governments are being asked to do more with less, innovators around the world are seeking cost-effective solutions that can deliver better outcomes for their communities. Pay for Success (PFS) has emerged as one such strategy. Currently being implemented in various pilot programs worldwide, Pay for Success funding models can direct taxpayer dollars to interventions that have demonstrated success in delivering social and economic outcomes for individuals, families, and communities most in need. Join NFF for a 60-minute webinar to learn about the ways in which Pay For Success funding works to connect performance outcomes to financial return and the steps that organizations can take to prepare themselves to engage with PFS funding models.
6. Impact Investing: From Conventional to Cutting-edge
Tuesday Oct. 29 at 3:00 pm EST/12:00 pm PST
As the buzz around Impact Investing continues to grow, more investors are seeking ways to generate social and environmental impact alongside financial returns. Join NFF for an introduction to the topic, presented by Antony Bugg-Levine, CEO of NFF and co-author of Impact Investing: Transforming How We Make Money While Making a Difference. This 60-minute session is designed for those who are new to social investment s and will explore common questions that surround the burgeoning field, such as: Where is the field now and where is it going? What are examples of impact investments in action? What kind of organizations are good candidates for an impact investment?