There is nothing so practical as a good theory. This presentation addresses four general types of economic goods nonprofit organizations produce; nonprofit services and conceivable benefit/income combinations; benefit combinations that help determine nonprofit income portfolios; and notes the wide variety of income portfolios are possible, depending on benefit combinations of services provided.
This course is devoted to the importance of studying nonprofit finance with content that addresses: urgency, especially in today’s environment; the complexity of nonprofit finance; the variety of sources of nonprofit income; the variety of mixes of nonprofit income including variations within and among sub-sectors; important issues in nonprofit finance; and, making sense of nonprofit finance: role of theory.
Collaboration and partnership are well-known characteristics of the nonprofit sector, as well as important tools of public policy and for creating public value. But how do nonprofits form successful partnerships? From the perspective of nonprofit practice, the conditions leading to collaboration and partnership are seldom ideal. Nonprofit executives contemplating inter organizational cooperation, collaboration, networks, partnership, and merger face a bewildering array of challenges.