Achieving Financial Resilience Webinar (Part 1)

Facilitated by Hilda Polanco

Organizations that are financially resilient have a comprehensive understanding of their financial health and are able to strategically anticipate future needs. In this two-part webinar series, we will explore the values, resources, and practices that are foundational to financial resilience, focusing on the board’s role in building a resilient organization. Participants will gain an understanding what it means to be financially resilient, how your organization stacks up, and strategies for becoming more resilient over time. Specific elements to be covered: culture of inclusion, transparency, and team-based decision-making process; multi-year planning, scenario planning, and ongoing financial performance management; balanced revenue mix and appropriate capital structure; building and maintaining adequate operating reserves, better known as Liquid Unrestricted Net Assets (LUNA). Requirements for this session include some pre-reading as well as a self-reflection assignment to be completed between the two webinars.

Webinar Directions:

Webinar directions will be sent out in the reminder emails closer to the date of the event. We hope you will register in advance for all the webinars and workshops in the series, and no later than two weeks prior to the webinar/workshop event date.

If you have any questions or issues, please contact our Technical Assistance and Office Manager, Judy Ha Kim at jkim@grdodge.org or 973-695-1171.