Your goals as a CFO remain constant: Support the mission. Increase revenue. Consolidate across multiple entities. Budget. Implement internal controls. Facilitate audits and compliance reporting. CFOs want to optimize the organization's returns by carefully managing all the finances.
The cycle of rising interest rates might have begun by the time you read this, which means CFOs should act to make the most of what the market is about to give them. Do not get caught unaware.
There is bad news about nonprofit investment returns. Organizations made changes to their asset allocation policies in 2012 that reduced returns. It is thought such changes were a reaction to market trends rather than changes made for strategic needs.
The "household" concept is helping many senior living communities successfully compete in today's markets. This case study, provided by David Slack, principal at the Aging Research Institute, helps CFOs and CEOs understand its potential impact.
Dividend-paying common stocks and "income generating strategies" are attracting nonprofit executives' attention. And with good reason: The stock market has been volatile and many finance committees have been disappointed with the rates-of-return of their investment portfolios.