Financial Management for Board Members

Learn about the board’s role in financial management

About this event

In this workshop, we explore the unique role of the nonprofit board in supporting an organization’s financial resilience, as well as the importance of the Executive Director/Board partnership. 

The Center for Nonprofit Management (CNM) and its partner BDO FMA are ready to assist organizations in accessing, applying for and managing current and upcoming American Rescue Plan (ARP) funding opportunities to serve LA County communities most impacted by COVID.  We are especially looking to engage BIPOC-led and BIPOC-serving organizations operating under a budget of $2.5M in this effort to ensure equitable access to funding.

In this session, you’ll learn about:

  • Understanding the Board’s fiduciary oversight and their role in the financial performance management of the organization 
  • Where to draw the line between staff and the board in fiscal oversight 
  • The board’s role both setting and supporting the financial strategy of the organization, including a focus on reserves 

Who Should Attend: 

Board members and Executive Directors of LA County nonprofit organizations who are interested in learning more about preparing their organizations to apply for current ARPA contracting opportunities. This event is open to staff of nonprofit organizations looking to serve Los Angeles County communities most impacted by COVID. 


Liz Schaffer – Senior Manager, BDO FMA

Liz is a Senior Manager at BDO FMA. She provides interim fiscal management services to BDO FMA clients, and currently serves as the Interim C-level Finance Leader at Amnesty International USA, the world’s largest grassroots human rights organization. Liz regularly coaches nonprofit leaders and helps organizations enhance their decision-making ability by improving the quality of their financial data and analysis. She has been a trainer at CompassPoint’s workshops and conferences and lecturer in Nonprofit Financial Management at The Haas School of Business and The University of San Francisco.


Sign up for CNM's eBlasts

Required *