As a statewide support organization, MALF is specially positioned to observe common obstacles and questions asked regularly by Friends of the Library groups. In many cases, those points of confusion are rooted in the fundamentals of running a nonprofit generally, rather than anything unique to Friends or public libraries. Our next two webinars will spotlight areas where uncertainly and challenges are especially acute.
1 of 2. Twelve Golden Rules of Nonprofit Finance
Date: Monday, May 18 | 12:00 - 1:00pm [REGISTER HERE]
Nonprofit financial health can seem like an elusive, nuanced, and subjective judgment call. In this webinar we will break it all down to “12 Golden Rules” of nonprofit finance to keep your organization healthy. From budgeting to operating reserves, if you follow these rules, you’ll be on your way to a better understanding of nonprofit financial health. This session will be especially valuable for Friends board officers who do not have a professional background in finance.
Speaker: Paul May-Kramer, Propel Nonprofits
2 of 2. Empowering Effective Board Decision-Making
Date: Monday, June 22 | 12:00 - 1:00pm [REGISTER HERE]
Friends groups are ordinarily governed by “working boards” – groups who not only set strategy, but also see personally that the group’s plans are carried out. This is often easier in principle than in practice. In this webinar, nonprofit expert Elizabeth Appel will share replicable, time-tested strategies for impactful decision-making processes. Specific focus areas will include fostering collaboration between board members in order to harness the collected skills and collective wisdom of your board.
Speaker: Elizabeth Appel, Propel Nonprofits
About Propel. Both sessions will be led by staff leaders from Propel Nonprofits, a Minneapolis-based 501c3 intermediary organization and federally certified Community Development Financial Institution (CDFI). Their primary mission is to “fuel the impact and effectiveness of nonprofits with guidance, expertise, and capital.”