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Detailed Budget Template Community Foundations of Canada 2020

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hello my name is jillian gora and i'm a senior consultant with bdo fma who in partnership with the wallace foundation designed the strongnonprofits.org website this website brings tools and resources for effective financial management to organizations throughout the nonprofit sector the purpose of this video is to walk through the non-profit budget template that is available to download here on strongnonprofits.org understanding what it actually costs to run your organization's programs is a critical first step in making good financial decisions including knowing where and how to shore up fundraising or where to reduce expenses this tool helps you do that by building your organization's budget on a program-by-program basis and also by helping you to understand the financial impact of each of your programs on the organization's bottom line before we get to the tool itself it would be helpful to review a couple of important budgeting concepts that will help us in understanding the design

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