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Workshops

Diversified Funding: Using Lending to Advance Your Mission

Could your organization benefit from a one-time influx of cash? But does the idea of asking for a business loan for your nonprofit unnerve you?

That’s understandable. For many nonprofit professionals, the idea of going to a bank and taking on debt can be intimidating—especially in times of economic uncertainty and high staff turnover. But taking on a loan or line of credit can also kickstart important growth, whether in programming or internal structures and contribute to long-term financial stability.

In this interactive class, learn about ways that organizations can use smart and forward-looking lending to advance their missions for more impact, including capital improvements, and scaling successful programs.

Offered in partnership with Virginia Community Capital and Community Foundation for a greater Richmond, this session will be led by Beth Bettley, VCC Vice President and Small Business lender, and two local nonprofit leaders, Beth Vann-Turnbull and Jay Brown, who bring a combined 35 years of experience in the sector.

This class is for NPO leaders who have or are exploring different financial strategies to leverage diverse capital tools like grants, debt, and other assets.

About the Instructors

Beth Bettley, VCC Vice President and Small Business lender, will bring over 20 years of banking experience to the workshop. Beth, a business owner herself,  is passionate and committed to helping business owners and nonprofit leaders understand how financing works and how they can use it as a tool to operate and strategically grow. Through the years, she has spent time at EVB, Mohawk Industries, and BB&T (now Truist). Beth is a graduate of Belmont University in Nashville TN.

Beth Vann-Turnbull is Executive Director of Housing Families First, a Richmond-area agency that provides families facing homelessness with crisis housing and a path to a permanent home. She holds a degree in Business Administration from the Robins School of Business at the University of Richmond and earned a certificate in Strategic Perspectives in Nonprofit Management through the executive program at Harvard’s Social Enterprise Initiative. Beth has 25 years of experience as a nonprofit executive in Georgia and Virginia. She serves on the Board of Homeward and the Greater Richmond Continuum of Care. She is a 2020 graduate of Leadership Metro Richmond.

Jay Brown is the Chief Executive Officer of Commonwealth Catholic Charities, a multi-faceted human services agency providing help and hope for individuals, families, and communities in Eastern, Central, and Southwestern Virginia. Jay is a graduate of Villanova University and the Washington Theological Union and is pursuing an MBA from Virginia Commonwealth University. Jay has over a decade of diverse leadership experience in the non-profit sector having served in policy, community development, social services, and administrative roles.

Special thanks to our partners, Virginia Community Capital and Community Foundation for a greater Richmond.

 

American Sign Language interpreters or other communication access accommodations are available upon request. Please submit any accommodations requests to Andrew Robinson, Program Manager, 434-951-9042 or arobinson@thecne.org.
Topic Finance
When Monday, October 18, 2021 12:00PM - 1:30PM (EDT)
Where Online
Trainer Beth Bettley, Beth Vann-Turnbull, and Jay Brown
Member Fee $0.00

CNE is excited to launch 7 Actionable Principles for a Strong Social Sector!

Building on themes from 10 discussion sessions with 67 community members, and several leading national frameworks for nonprofit health and impact, the 7 Actionable Principles aim to create a shared understanding of what makes a healthy nonprofit and build a supportive learning community of nonprofits and funders.

We encourage you to check out the site and you can find a recording of our launch town hall here.

CNE Members: Schedule a complimentary hour of support and coaching around the 7 Actionable Principles here.