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Understanding Full Cost

Event Date: 06.08.2021

Time: 1-2pm

Part of Mass Cultural Council’s Recover, Rebuild, Renew Series

Full cost refers to the true cost of doing business for nonprofits, including total expenses, working capital, and reserves. In this webinar, NFF will walk you through the full cost of operating your organization and communicating that cost to funders. We’ll define the components of full cost, provide language that names and claims nonprofits’ full cost needs, offer guidance for prioritizing your organization’s hidden costs, and share tips for discussing full cost with key stakeholders.

Outcomes: At the end of this session, participants will be able to understand the full cost of operating their organizations and how to communicate them.

Firm: Nonprofit Finance Fund, New York, NY & Boston, MA

Content Expert: Ashley Franks

Ashley serves as a strategy partner to nonprofit organizations that want to enhance their impact among the communities they serve. Ashley’s passion for the nonprofit sector derives from lived experience in foster care, where she spent many years knowing that her educational, personal, and professional success relied on the efficacy of the nonprofit organizations that served her.

Ashley’s previous experience in the nonprofit sector has encompassed performance management, quality improvement, and direct service. Ashley holds a bachelor’s degree in Drama Performance from Hofstra University and master’s degrees in Law and Social work from the University of Pennsylvania. At the intersection of these experiences is a passion for advocacy and spotlighting the voices of those who have been historically silences and underserved.

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Auto-generated captions will be provided. If you have additional questions or to request additional accommodations to ensure your participation, please contact Michael Ibrahim.

Add to Calendar 06/08/2021 01:00 PM 06/08/2021 01:00 PM America/New_York Understanding Full Cost Time: 1-2pm Part of Mass Cultural Council’s Recover, Rebuild, Renew Series Full cost refers to the true cost of doing business for nonprofits, including total expenses, working capital, and reserves. In this webinar, NFF will walk you through the full cost of operating your organization and communicating that cost to funders. We’ll ...

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