Funding Indirect & Overhead Costs

About this event

Kay Sohl, National Trainer & Consultant, Kay Sohl Consulting

Continental Breakfast & Presentation at 7:30
Networking at 9:00

Government, foundation, and charity watchdog efforts to avoid “waste” through limiting nonprofit indirect/overhead costs have resulted in confusion, inefficiency, and systematic barriers to sustainability. Check out the 2010 Government Accountability Office report to Congress on inconsistencies in treatment of nonprofit infrastructure and overhead costs and the Stanford Social Innovation Review discussion of The Nonprofit Starvation Cycle to see the destructive impact of misguided efforts to “reduce overhead.”

So how do nonprofits fund the cost of effective management, appropriate technology, efficient facilities and equipment in an environment that is deeply suspicious of administrative, indirect, overhead, or infrastructure costs? Join Kay Sohl and CFO/Fiscal Directors to explore practical strategies to fund essential overhead costs.

Discussion topics will include:

• Defining administrative, management, shared, indirect, and overhead costs
• Coping with restrictions and limitations on admin/overhead costs in government and foundation funding
• Pros and cons of federally negotiated indirect cost rates for nonprofits with direct federal awards
• Strategies to present overhead costs effectively in budget proposals and financial reports
• Increasing efficiency, effectiveness, and sustainability through wise investment in essential infrastructure

About the Presenter

Kay Sohl has provided training and consultation for CFOs, executive directors, and boards of over 5,000 nonprofit organizations throughout the United States. Kay’s work is focused on redevelopment of nonprofit business models, compliance with federal funds requirements, financial management, and board governance issues. Kay is a frequent presenter for the AICPA national nonprofit conferences, and has worked extensively with community action agencies, domestic violence programs, land trusts, affordable housing and a variety of state and local public and private funding agencies. She is co-author of the Oregon Nonprofit Corporation Handbook, a comprehensive guide to legal, financial, governance, and management issues for community-based nonprofits, now in its 4th edition; and continues to teach nonprofit financial management for the Portland State University School of Public Administration.

About the Network

Nonprofit Fiscal Managers Association provides regular learning opportunities so you can stay up to date on nonprofit financial management practices and related legal and compliance issues. You will gain the knowledge, strategies, and systems you need to keep your organization on track.

Special Notice

“Cash Management Strategies” which was originally scheduled for this date was moved to November 18, 2010.