THE FINANCE ACADEMY
CNE is currently accepting indications of interest from regional nonprofits to participate when the Finance Academy launches later this year. The Finance Academy is designed as a flexible “suite” model, providing nonprofit staff, volunteers and board members the opportunity to enter the curriculum at any point in their own development or their organization’s life cycle, growing within it to find an approach that balances ethics and best practices to achieve both mission impact and financial sustainability.
The five-year partnership leverages core strengths of both CNE and CFA Institute. CNE, as the only nonprofit resource center in the region with more than 250 members, brings ten years of program design and delivery experience, established credibility in the community, and deep knowledge of the nonprofit sector. CFA Institute brings financial knowledge, local staff expertise, a global reputation for corporate citizenship, and a capital commitment of more than $350,000 to the Finance Academy program.The five-year duration of the partnership will allow CNE to develop a fully tested program, which it will evolve in future years based on the needs of the nonprofits who participate.
The Academy is designed for board members, executive directors, finance managers and staff members with finance responsibilities. The program will deliver flexible and scalable instruction elemental to nonprofit financial health.
For further information about the Finance Academy, visit https://www.thecne.org/
WHAT PEOPLE ARE SAYING
“My experience in the Board Academy was, by far, the best way for me to gain a better understanding of my role as a nonprofit Board member. In particular, as a financial professional, I greatly appreciated the Board Academy financial module which helped me understand the nuances of financials for a non-profit. As an example, I learned about the importance of revenue diversification for the sustainability of the organization. I look forward to the Finance Academy which will create depth and breadth in all aspects of nonprofit finance whether you are a financial professional or just someone beginning to understand a balance sheet and income statement.”
– Jennifer King, Senior Vice President of Chase Investment Counsel
“As a 2016 CNE Board Academy participant, I gained knowledge about nonprofit finance. I am especially excited about the new CNE Finance Academy which will bring into sharper focus and depth the finance segment of the Board Academy curriculum, and will undoubtedly be executed to the high standard of quality that I’ve come to expect from CNE programming,”
– Carolyn Burnett, Senior Business Banking Relationship Manager and Vice President, Wells Fargo.
Center for Nonprofit Excellence (CNE) in Charlottesville, Va. is the region’s only nonprofit resource center. With 250 members, CNE has built a dynamic community of practice. We are an honest broker, a trusted guide, and a voice for and about the nonprofit sector. From governance, leadership and management, to robust programs, data-driven evaluation, and collaboration, CNE invests in nonprofits because strong nonprofits = strong community.
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has over 145,000 members in 159 countries and territories, including 139,000 CFA charterholders, and 147 member societies.