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 Three will cover understanding nonprofit financial statements with Jennifer Pedroni, Director at BDO FMA. Participants will learn how to read and understand budgets and 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 age, mission, or funding streams.

If you look at nonprofit financials every day or only a few times a year, this workshop is for you. Philanthropic due diligence should include examination of a nonprofit organization's financial health.  Not only does the funder gain a risk perspective, but there is an opportunity to help the organization understand its own path to sustainability and fulfilling its mission.