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...
The name is bonds
By
William C. Fisher
Nov 01, 2013
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.
Bad news, good ideas
By
William C. Fisher
Oct 01, 2013
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...
Household’s the word
By
William C. Fisher
Aug 01, 2013
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,...
Scramble for returns
By
William C. Fisher
Jul 01, 2013
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...
Re-visit the IPS
By
William C. Fisher
May 01, 2013
The primary document governing investment decision making by fiduciaries is the investment policy statement (IPS). The fiduciaries are the board and finance committee members, as well as senior management.
Re-invent communities
By
William C. Fisher
Apr 01, 2013
Every product or community goes through a life cycle that includes these stages: Development, Growth, Maturity, Saturation and Death. At Maturity, a product/community begins to become irrelevant, outdated...
HUD 202: Big changes
By
William C. Fisher
Feb 02, 2013
The HUD 202 program had a major policy change in 2012 that will permit numerous not-for-profit providers to take capital from their existing HUD 202 properties, deploy this capital for a wide range of...
Charitable thoughts
By
William C. Fisher
Jan 02, 2013
As we look ahead into 2013 for senior living finances, a very brief review of donations to nonprofits might prove helpful.
State of senior living
By
William C. Fisher
Dec 02, 2012
There is some good news about the state of the senior living business: Senior living providers are operating with more strength financially than in recent years.