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Henry W. Bloch School of Management

Beyond Fiduciary Oversight: Boards, Governance, and True Financial Leadership

April 3, 2013
UMKC Pierson Auditorium
1:30 to 5:00 p.m.

Nonprofit boards and executives know well the demand that boards exercise fiduciary oversight and ensure financial accountability. Surprising as some find it, however, there is an even more important financial role for the board, that of financial leadership! More significant to enabling organizational success than monitoring and oversight, financial leadership is the collaborative process by which a board and key executives create the financial model and value proposition that enable the organization to perform at its best. Financial leadership is not about compliance – financial leadership is about the future and empowerment. It is about leveraging your resources and assets to achieve results without falling prey to the financial traps that often ensnare the organization in counterproductive resource cycles. This session will provide a framework and the information you, your board, and your executive colleagues need to realistically understand your organization's current state of financial development, explore options for how it might be strengthened, and determine how your board can uniquely contribute to the design and implementation of your next-generation financial sustainability and impact.

This workshop is facilitated by an outstanding team of nationally-noted nonprofit board consultants and scholars:

  • Woods Bowman, Professor Emeritus of DePaul University's Department of Public Affairs and a Senior Fellow with the Midwest Center for Nonprofit Leadership at UMKC, will share insights from his research and consulting work on some of the most useful and effective strategies and practices of financial leadership. Dr. Bowman writes on nonprofit finance, leadership, and ethics for both research and practices journals, and is the author of the recently-published book, Finance Fundamentals for Nonprofits.
  • Lisa Gioia, CPA, is the principal of her own accounting and consulting firm and a Senior Fellow with the Midwest Center for Nonprofit Leadership at UMKC, where she teaches financial leadership and management workshops. Ms. Gioia, a member of the AICPA, has worked with an extensive variety of community-based nonprofit organizations in the Kansas City metro region for more than 30 years.
  • David Renz, Director of the Midwest Center for Nonprofit Leadership at UMKC and an experienced nonprofit board and management consultant and researcher, will offer insight into the unique nature of nonprofit finance and facilitate a discussion of the ways that boards can work effectively with their executive leaders to provide exceptional financial leadership. Dr. Renz is a nationally-known expert who has presented hundreds of workshops and programs on nonprofit boards and governance and written more than 120 papers, chapters, articles, and reports on nonprofit governance and executive leadership, including editorship of the 2010 book, The Jossey-Bass Handbook of Nonprofit Leadership and Management.

We invite you to join us for this timely and engaging look at the ways that effective nonprofits are preparing for their next generation of financial success. Space at this unique session is limited so please register today!

 

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Session Fee: $65 per participant ($60 each for additional participants from the same agency). Session fee includes an extensive set of reference and resource materials.

Note: Need-based partial scholarships are available to qualifying agencies.

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Learn about the 2013 Governance Conference: Critical Conversations on the Future of Nonprofit Governance on (April 4-5, 2013)

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