Grantmaker's Fundamentals Series | Part 3: Nonprofit Finance

Grantmaker's Fundamentals Series | Part 3: Nonprofit Finance

Thursday, May 19, 2022, 9:30 - 11:30 AM

All grantmakers are invited to participate in this four-part professional development series taught by our region's experienced practitioners, presented by Maryland Philanthropy Network.

Session 3 will cover Understanding Nonprofit Financial Statements

Participants will learn how to read and understand financial statements to assess the health of an organization. They will also learn what questions to ask and understand how to interpret the numbers based on a nonprofit organization's lifecycle or business model. Participants will:

  • have an increased understanding of the basic components of nonprofit financial statements; what to look for when reviewing nonprofit financial statements including key metrics; and tools and tips to assist in the review process.

  • practice reviewing financial statements and be more comfortable with the process.

  • have an increased understanding of role of Financial Due Diligence in grantmaking and its intersection with equity considerations.

We're pleased to announce that the faculty for this session will be Jennifer Pedroni, Director at BDO FMA.

Who Should Attend

  • Trustees, staff, and executive directors of foundations, giving circles, and corporate giving programs who want to expand their grantmaking skills, deepen their understanding of philanthropy, and learn from their colleagues
  • Individuals who are exploring how to organize significant charitable giving  
  • Beginning grantmakers will appreciate the workshop's efficient overview of all aspects of grantmaking
  • Intermediate grantmakers will appreciate the time to reflect on, refine and refresh their grantmaking fundamentals

This event is part of a four-part workshop series. Click here to view the entire series.

Multi-session discount

A discount of 25% off will be applied to the cart when you register for all four sessions in the series at the same time. No code needed.

  • $300 for MPN members
  • $435 for non-member grantmakers

Please note: You will need an account to register for this event. To create one, click here. Total attendance will be limited to 25 registrants; Maryland Philanthropy Network reserves the right to cancel the event if fewer than five grantmakers register (fees would be reimbursed). 

This workshop is adapted from Essential Skills and Strategies for New Grantmakers, co-developed by the Council on Foundations and the United Philanthropy Forum. All participants will receive a set of helpful reference materials.



Jennifer Pedroni has over 25 years of experience in the philanthropic sector. She has developed an expertise in grants and financial management through her work at Annenberg Foundation, a large family foundation with a national grantmaking portfolio, as well as HealthSpark Foundation, a private foundation in Philadelphia with a place-based focus.

Her broad-based background includes direct responsibilities in staff operations, finance, budget, grants management, information systems, human resources and facilities. She has implemented grants management systems and developed workflow processes and documents for the entire grants cycle—including application, award, monitoring and learning. She continuously monitors and stays active in the field and incorporates best practices into foundation operations, scaling them to meet the needs, culture and environment of the organization.

At BDO FMA Jennifer works with funders to review and establish financial due diligence processes, program officer training and infrastructure assessments and development. Her work also includes supporting nonprofit organizations through training, scenario planning, infrastructure development and coaching.

Jennifer serves on the Board of Directors of Philanthropy Network Greater Philadelphia, recently completing her term as Chair. She is an active member of PEAK Grantmaking where she served on the Board of Directors for four years as Treasurer. She also serves on the Steering Committee of the Nonprofit Centers Network, as the Treasurer of the National Network of Consultants to Grantmakers and on the Finance Committee of the Scattergood Foundation.

She has a B.B.A. degree in Accounting from Temple University and a M.S. in Organizational Development and Leadership from Philadelphia College of Osteopathic Medicine.