The charitable sector spends significant energy thinking about how to raise more money, and understandably so. Toronto Foundation’s new discussion paper asks a different question: What would help charities and nonprofits do more with the financial resources they already have?
Is Your Money Working as Hard as Your Mission? draws on conversations with more than 100 sector leaders and explores new ways to think about financial capital, governance and long-term financial resilience. Our research found that the conversation goes well beyond investments to board readiness, leadership alignment, organizational capacity, competing priorities and risk.
If you’re a charity or nonprofit CEO, executive director, CFO, finance leader or board member, this is for you.
Read it to:
→ See your financial resources through a new lens
→ Strengthen conversations with your board and leadership team
→ Question whether yesterday’s financial choices still make sense today
