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Chair's Letter
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Our FAR year is well underway with our educational luncheon programs and preparation for our FAR Holiday Luncheon. The success of our "Buy One, Get One" guest option for our FAR members has continued to introduce new non-profits to our organization. Attendance at our monthly luncheons is exceeding 100 members and guests. We have enjoyed seeing so many new faces and look forward to seeing more.
The new FAR Board started its strategic planning activities in July and held its first Board meeting in September. We'll be sharing more about our Strategic Plan at our December business meeting and throughout the year.
Our first committee networking event, prior to the October luncheon, helped us ramp up committee membership. Our FAR committee chairs are organizing their volunteers and getting up to speed for our January through June program topics, planning other educational offerings, focusing on membership recruitment and retention, and considering ways to increase FAR's visibility within our industry. If you are interested in volunteering, please contact hq@far-roundtable.org.
As your new chair, thank you for all your support and encouragement, as well as your suggestions for making FAR the best organization it can be.
All the best for a safe and enjoyable Thanksgiving holiday!
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FAR October Luncheon | Mergers and Acquisition in Nonprofits
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FAR brought in a panel to explore the options and opportunities a merger and acquisition may offer nonprofits. Moderator Ken Grounds provided a brief overview before introducing the panelists and getting the discussion underway.
Left to right: Moderator: Ken Grounds, President and CEO, Kenneth Groups Consulting,
Schroeder Stribling, Executive Director, N Street Village,
Pat Nichols, Founder, Transition Leadership International, LLC,
Susan Medick, COO/CFO, Automotive Aftermarket Industry Association
(not pictured: Peter D. Shields, Managing Partner, Wiley Rein LLP)
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FAR November Luncheon | Election 2012: What Lies Ahead for the Nonprofit Community?
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The stakes for the nonprofit community are high. Knowing what lies ahead continues to be a challenge and this could be further complicated by who sits in the White House and Congress. Reid Wilson, Editor-in-Chief of National Journal's The Hotline came to share his insight about the impact of the election, the "fiscal cliff", and financial and business issues needing additional analysis.
Left to Right: Mindy Saffer, LEED AP, Cresa; Reid Wilson; Lucy Wadeson, LEED GA, Cresa
Luncheon sponsor:
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FAR December Holiday Luncheon
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When: Wednesday, December 5, 2012, 11:15 am-1:30 pm
Where: SunTrust Building, 1445 New York Avenue, NW, Washingon, DC, 9th Floor
What: Festive fun!
To make it a success, we need your help! Click here for more information. If you would like to donate an item for our holiday gift bags or provide a door prize, click here for the donation form.
Items for the gift bags must be received by Friday, November 30, 2012. Items must be sent to:
Finance and Administration Roundtable
ATTN: Christina Hartz
37 Main Street, Suite 203
Warrenton, VA 20186
Registration is open - we look forward to seeing you soon!
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How Does Charity Navigator Rate Your Organization
by Christian Spencer, CPA, Tate and Tryon, Senior Manager
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"It takes many good deeds to build a good reputation, and only one bad one to lose it." This quote from Benjamin Franklin, like many of our founding fathers' observations, is perhaps more relevant now than when first spoken over 230 years ago. Financial mismanagement and a lack of fiduciary responsibility by some nonprofit boards have resulted in individuals and corporations performing a higher level of due diligence prior to making donations. One of the resources available to donors is Charity Navigator, itself a section 501 (c)(3) nonprofit organization, which runs an online platform to evaluate the financial metrics and accountability practices at certain 501(c)(3) nonprofits. Although a donor's ultimate decision to support a charity is subjective in nature, nonprofits should become familiar with the rating system used by Charity Navigator, particularly since it is publically available and used on a wide-spread basis. (To read more, click here.)
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FAR Member Announcements |
Cresa joins FAR this month as a Platinum member represented by Mindy Saffer and Lucy Wadeson.
If you are a FAR member and have a press release to share, please contact hq@far-roundtable.org.
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