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Michael Olafusi

Philanthropy University: Financial Modeling for the Social Sector

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You can register on Philanthropy University forĀ Financial Modeling for the Social Sector atĀ https://philanthropyuniversity.novoed.com/financial-modeling-2016-4

About the course

Social sector leaders must connect their impact work with the right business model to achieve sustainability. With finite resources and limited staffing, organizations that are more focused on immediate needs rather than long-term sustainability can find developing the right business plan challenging.

This course teaches nonprofit organizations, social entrepreneurs, corporate entrepreneurs and social change leaders how to use financial modeling and creative approaches to market-based funding to scale the impact of their work. This course will be valuable for organizations of all shapes and sizes, and particularly useful for those in the early stages of development.

What You'll Do:
Understand the distinction between an operational unit and a head office and the financial relationship between the two
Understand how to estimate the reach and size of your operational unit and identify what costs at scale means to your venture or an initiative
Understand how to think about and calculate the funding requirements for building and maintaining a capacity that allows you to innovate, learn, and grow your organization
Approximately 4-5 hours per module watching videos, reviewing the reading, participating in class discussion online, and completing assignments. You will need a computer that allows you to watch the video lectures and provides the ability to upload all your assignments.

*To receive a Statement of Accomplishment, you will need to complete at least 3 out of the 5 assignments.


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