Financial & Strategic Management for Nonprofit Organizations

Elegant, helpful, accessible, and most of all pragmatic. --Regina E. Herzlinger, Nancy McPherson Professor of Business Administration, Harvard Business School, Harvard University

An indispensable resource for teachers and managers concerned with ensuring the effectiveness of nonprofit organizations.... Nonprofit organizations require professional knowledge and skill if they are to succeed in their missions. The new edition of this book is essential to that success. --Lawrence Lynn, Sydney Stein, Jr. Professor of Public Management, Irving B. Harris Graduate School of Public Policy Studies, University of Chicago

Bryce effectively weaves legal and ethical considerations into his comprehensive treatment of nonprofit strategy and finance. A sound knowledge of the rules of the game is increasingly important for nonprofit leaders in making strategic choices. --Gregory Dees, Miriam and Peter Haas Centennial Professor in Public Service, Stanford Graduate School of Business, Stanford University

A must read for practitioners--managers as well as directors--of nonprofit management, particularly those whose focus is on the money-strategy interface. It should also serve as a useful text for graduate courses in nonprofit management. --Raymond Horton, chair of the Management Division and director of the Public and Nonprofit Management Program, Graduate School of Business, Columbia University

Now in its third edition, the highly successful Financial and Strategic Management for Nonprofit Organizations provides an encyclopedic account of all the key financial, legal, and managerial issues facing nonprofit executives. Organized into twenty detailed chapters, this comprehensive reference provides a firm grounding in the five fundamental pillars of effective nonprofit management: Mission, Money, Marketing, Management, and Membership. It then shows managers and trustees how to strengthen operations in each of these vital areas ethically, legally, and efficiently.

Many of the popular models and forms that appeared in the previous editions have returned in this latest volume. Bryce explores such diverse topics as nonprofit law, financial planning, fundraising, compensation and benefits, strategic planning, risk management, and more. He also adds several new features. These include:
* An expanded section explaining all the technical and legal foundations of managing a nonprofit
* Timely advice on developing ethical procedures to protect the organization against fraud and incompetence
* New and practical discussions on tax-exempt status, American and Canadian law for associations, corporate contributions, trust management, audits, anti-trust issues, program evaluation, partnerships, business revenue, and more


Written for serious nonprofit executives in general management, human resources, finances, and fundraising--as well as for nonprofit professors--this enduring handbook offers practical ideas and suggestions for achieving legal and financial success seamlessly.