Understanding Nonprofit Financial Statements | Session 3 - Grantmakers' Fundamentals Series

All grantmakers are invited to participate in the Grantmakers’ Fundamentals Series, a four-part professional development series taught by our region's experienced practitioners, presented by Maryland Philanthropy Network. 

Understanding Nonprofit Financial Statements 

Participants will learn how to read and understand financial statements to assess the health of an organization. They will also learn what questions to ask and understand how to interpret the numbers based on a nonprofit organization's lifecycle or business model.  

Participants will: 

• have an increased understanding of the basic components of nonprofit financial statements; what to look for when reviewing nonprofit financial statements including key metrics; and tools and tips to assist in the review process. 

• practice reviewing financial statements and be more comfortable with the process. 

• have an increased understanding of role of Financial Due Diligence in grantmaking and its intersection with equity considerations. 

Who Should Attend 

• Trustees, staff, and executive directors of foundations, giving circles and corporate giving programs who want to expand their grantmaking skills, deepen their understanding of philanthropy and learn from their colleagues 

• Individuals who are exploring how to organize significant charitable giving   

• Beginning grantmakers will appreciate the workshop's efficient overview of all aspects of grantmaking 

• Intermediate grantmakers will appreciate the time to reflect on, refine and refresh their grantmaking fundamentals 

This is part of a four-part workshop series. Click here to view the entire series, and click here to view the series agenda.

Multi-session Discount 

A discount of 25% off will be applied to the cart when you register for all four sessions in the series at the same time. No code needed. 

• $300 for MPN and PSO members 

• $435 for non-member grantmakers 

Please note: You will need an account to register for this event. To create one, click here. Total attendance will be limited to 25 registrants; Maryland Philanthropy Network reserves the right to cancel the event if fewer than five grantmakers register (fees would be reimbursed).   

This workshop is adapted from Essential Skills and Strategies for New Grantmakers, co-developed by the Council on Foundations and the United Philanthropy Forum. All participants will receive a set of helpful reference materials.