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The nonprofit business leaders' network.

Dear Friends & Colleagues:

It's that time again when the FAR board will be meeting for our annual Board of Directors Strategic Planning Retreat.

At last year's retreat, the FAR board and Gold Resource Member attendees focused their energies on FAR membership. Our efforts led to a successful year of recruitment, retention, and renewals. 

As my year leading FAR nears its end, I am proud of the accomplishments and initiatives we have developed as FAR's board members. 

* We applied more resources to both growing and retaining our nonprofit membership. As a result, dues from that sector of our membership are up 14% this year! 
* We focused on showcasing our new nonprofit members and guests at every luncheon. We also made sure you were aware of who your Board members are so you could easily approach them with suggestions for FAR's future. 
* We moved forward on registering our new logo and name. We're FAR: the business leaders network! 
* We renewed our relationship with CGG for another 3 years. 
* To make is easier for attendees to remember the luncheon date and location, we sent an Outlook invitation to each registered guest prior to each luncheon 
* We began and continue to explore sites for our luncheons that we can schedule on a regular recurring basis. 

Thank you for such a wonderful year and if you have anything you would like us to discuss at the Retreat please feel free to email me directly. 

Best,





Mindy Saffer, LEED AP 
FAR Chair 
New & Returning FAR Board of Directors

Please congratulate our new and our returning board members!

Jen Brearey (Nonprofit Member)*
Advamed

I have found the last two years as a FAR board member incredibly valuable. I am excited to begin a second term. I am energized by our members and look forward to continuing FAR's efforts to engage our membership and deliver content that makes FAR the place all non-profit leaders need to be.






Pam Furneaux (Nonprofit Member)*
Electronic Transactions Association 

Serving on the FAR board for the 2015-2017 term was a positive and rewarding experience to collaboratively lead an organization that has provided me with so much over many years as a member.   I am honored to have been elected to a second term on the FAR board. For the 2017-2019 term, I hope to build upon FAR's reputation as the business leaders' network to extend the brand and grow membership, to continue to deliver outstanding programs, and to enhance the value of membership for all participants.

Paul Phelan (Resource Member, Gold Level)
Early, Cassidy, and Schilling, LLC

As a board member I look forward to building our Programs to be more dynamic and further the great progress we have been making this year.  I also look forward to helping once again finding FAR a permanent home meeting place.





Michelle Rhodes Brown (Nonprofit Member)
Delta Sigma Theta Sorority, Inc.

Fun, Finance, and Fellowship! One of my favorite volunteer activities was planning the Christmas party. I'm looking forward to continuing to provide fun and enjoyable interactions for members. I also want to grow as a professional and create opportunities for my colleagues to learn from each other. Lastly, it's important to connect individuals who can work together for their mutual benefit. If all that happens, the value of the FAR membership will increase and the organization will organically attract new members.




Xiaowei Zheng (Nonprofit Member)
The Community Partnership

In my role on the FAR board, I look forward to working effectively with FAR board members and the entire team to ensure the continuation of FAR success and reputation by actively participating in board meetings, strategic planning sessions and all other immediate board discussions.  I will make efforts to support each committee to achieve its goal and fulfill the mission of FAR. Additionally, I will commit more time to support FAR activities by helping with the practical needs of each luncheon. I look forward to contributing and serving FAR members and the nonprofit community in DC area. 




*re-elected to a 2nd term
FAR Board of Directors Rolling Off

Thank you for your service!

Susan Medick, CPA (Nonprofit Member)
Telecommunications 

I have truly enjoyed serving on the FAR board these last 5 years. Not only I'm proud of the work the board and committees have done over the years, but I have developed some wonderful friendships.










Russ Capps, CAE (Nonprofit Member)
Construction Specifications Institute

In my relatively short time as a board member of FAR, I have seen the organization grow; not just in membership or resources, but in the depth and variety of programming at the breakfasts and lunches. I can only predict under the new 2017-2018 board that we will see more of the same -- engaging, animated programming that any participant is sure to take something away from.

Membership Renewals

It's time to renew you r FAR Membership! Don't delay, renew early.

If you're a current member, simply log in to the FAR website and go to your profile to renew online.  (click here for visual instructions)

Are you part of the nonprofit community and not a FAR member? If so, join today and experience the benefits your nonprofit peers enjoy, such as:   

Peer Networking
Nonprofit Member Breakfast Discussions
Member-only Discussion List
Special Luncheon Registration Rate
CPE Credit for Most Monthly Luncheons
Member-only Career Center

*New for 2017 - If two members of the same organization are active Nonprofit Members, additional members of their organization may join at the discounted dues rate of $75!  If you're interested in this opportunity, contact hq@far-roundtable.org.

For more information on FAR membership, click here

Questions or need assistance? Contact hq@far-roundtable.org .
September Luncheon

"I didn't sign up for this! How to Deal with Difficult People" 
presented by Sandra Crowe.

Wednesday, September 20, 2017
11:15 am - 1:30 pm
Capital Hilton
1001 16th Street, NW
Washington, DC 20009
 
To learn more or to register for this event, click here
Professional Certifications

While many of our members know FAR offers the National Association of State Boards of Accountancy (NASBA) sponsored CPE credit for many of its educational programs, did you know we now offer two other types of professional credit, when applicable? These two certifications are professional designations by the Association for Financial Professionals (AFP) - the Certified Treasury Professional (CTP) and the Corporate Financial Planning and Analysis (FP&A) Certifications

Here is a quick view of each certification. 

FP&A
Why should you earn the Certified Corporate FP&A Professional certification?  

1. Finance professionals with the FP&A certification earned an average of 18% more than their peers without the certification.
2. Makes you more marketable when you compete for FP&A positions
3. Shows mastery of core FP&A knowledge and principles 
4. Raises your professional reputation among your staff and your peers
5. Expresses career long-term commitment through ongoing professional development
6. Demonstrates that you understand industry best practices
7. Opens the door to more opportunities for career advancement
8. Most FP&A's are supported by their company. So, this validates employer confidence in your skill set.
9. Connects you with a network of FP&A-certified peers  

The financial planning and analysis profession has experienced rapid growth over the past five years and much more knowledge is now required. The FP&A credential establishes a set of core competencies for the FP&A profession. It is the only credential that is specific to the FP&A role and focuses on forecasting, technical and non-technical skills, and capturing the 'big picture'. It addresses areas that are not necessarily covered by a traditional degree, such as an MBA. Anyone aspiring to improve their FP&A acumen would benefit from this certification.

Knowledge Areas:
1. Financial Acumen: * Business and Financial Information * Gathering and Interpreting Information * Understanding Financial Concepts, Communicating/ Coordinating Work
2. Financial Analysis: Building and Interpreting Financial Projections * Analyzing Information * Building Financial Projections * Using Technology/Software  

CTP
Why should you earn the CTP?

1. Higher salaries. Earn up to 16% more than your non-certified peers.
2. Increases job security: Validates your competency in liquidity, capital and risk management functions.
3. Better career flexibility: Prepares you for more responsibilities.
4. Improves marketability: Stand out against other applicants in a tough job market. 
5. Boosts your relevancy: Stay current in the profession with continuing education requirements. 

The CTP designation is recognized as the leading worldwide credential in corporate treasury and signifies that you have demonstrated the knowledge and skills required for critical functions related to corporate liquidity, capital, and risk management. Whether you're looking to safeguard your career or seeking new opportunities, earning the CTP certification will greatly improve your corporate treasury knowledge.

Knowledge Areas: * The Corporate Treasury Function * Cash and Liquidity Management * Working Capital Management * Capital Markets and Funding * Treasury Operations and Controls 

If you decide to take the next step in your career and earn these certifications, watch for FAR programs that have been approved by AFP to earn continuing education credits.  For more information, contact hq@far-roundtable.org.

(Information Source: 2017 AFP Compensation Report)
Members in the News
Our members are busy! Check out the latest news about member career recognition, helping in the community, and much more! ( Click here)

Career Center
Have a career opportunity you'd like to post to the FAR Career Center? Send it to hq@far-roundtable.org! (Please send as a Word document.) 



CLA


designDATA

Early Cassidy Schilling



PNC
Tate and Tryon


Wells Fargo

West Lane & Schlager
STAY CONNECTED:

703.971.1116
hq@far-roundtable.org
1325 G Street, NW, Suite 500, Washington, DC 20005


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