Training Two: Understanding a Nonprofit's Financials and the True Cost of Programs by https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg Assessing Financial Health Virtual Training #2 en-us 2024-08-29 21:12:30 UTC 2024-10-24 23:04:46 UTC hello@padlet.com Indirect v. overhead differences https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174863557 2024-10-17 18:39:47 UTC https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174863557 I serve a small private independent foundation that practices many trust-based philanthropy appraches. Indirect cost rate is not something used to evlauate a grant application. How to calculate and general information about IDCR was interesting. However, I don't think it will be added to our review process. https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174893679 2024-10-17 19:05:39 UTC https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174893679 In the breakout group I was in, a participant posed a question about the sector's beginning to adopt trust-based approaches and how that squares with financial review. I would have loved to dive deeper into this topic. Does PEAK know of organizations that could share how they move forward with financial reviews while practicing trust-based philanthropy? That would be an interesting webinar. https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174897748 2024-10-17 19:09:34 UTC https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174897748 I found the discussion and advice to put more time and review into budgets was fascinating. Often, the board members I serve with, want to discuss audits and EOY reports. The idea of looking forward as opposed to backwards. https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174901004 2024-10-17 19:12:21 UTC https://padlet.com/peakgrantmaking/uzch6n98qghwo2kg/wish/3174901004