Practice: Budgeting and financial management

Content for Thursday, March 3, 2022


  • Case 5, “Cutting the Budget of the Harristown Family Service,” in Grobman, An Introduction to the Nonprofit Sector1

In-class stuff

Written response question

Two parts for today:

  1. Put together a basic, preliminary, balanced budget for your nonprofit to propose to your team. You’ll spend class time creating and finalizing your organization’s budget.

  2. Was it appropriate to have every staff member in the room to discuss strategies for closing the budget deficit? Could this situation have been handled differently? (Answer in ≈75 words.)

  1. Gary M. Grobman, An Introduction to the Nonprofit Sector: A Practical Approach for the Twenty-First Century, 6th ed. (Harrisburg, Pennsylvania: White Hat Communications, 2021). ↩︎