Financial Analysis for Grantmakers

A two-day course providing valuable tools and insights for reading nonprofit financials

Financial Analysis for Grantmakers takes you on a deep dive to explore the fundamentals of grant proposal financial review and analysis, including organization and project budgets, financial statements, audits, and the IRS Form 990/990EZ.

This two-day course is grounded in understanding and practicing financial analysis through an equity lens. Throughout each stage of the due diligence process, participants work together to analyze and interpret data relevant to a real-life proposal and arrive at a decision to recommend funding (or not).

This robust training provides grantmakers of any experience level with valuable tools and insights to facilitate funding decisions. Course content is consistently updated to account for changes in FASB regulations and the financial implications of current events.

Join us to learn how you can integrate key financial information and equity practices to improve funding decisions.

Meeting Dates & Times

This course takes place over two days. Participants will meet virtually on Wednesday, April 26 from 12:30–4:30 p.m. and again on Thursday, April 27 from 12:30–4:30 p.m. (ET). This course will NOT be recorded or made available to registrants after the end of the live sessions.

Day One:

• Applying an equity lens to financial analysis
• Overview of financial analysis; proposal vs. budget
• Interpreting key financial statements

Day Two:

• Unpacking financial audits & reviews
• Exploring the IRS 990/990EZ
• Using ratios as a tool
• Making the decision to fund (or not)

Who should attend this course?

This course is intended for foundation staff, donors, and others engaged in grantmaking. If you do not fit this profile but are interested in attending, please email emily.brenner@gvsu.edu before registering.

Cancellation & Refund Policy

This course may be subject to cancellation if it does not reach the minimum number of registrants. In the event of a cancellation, you will be notified at least two weeks before the course start date and will be offered a full refund or the option to transfer your registration to another Johnson Center course. Refund requests for any other reason must be made at least two weeks prior to the start of the course.

Caitlin Duffy, M.A., serves as first vice president of philanthropy banking for Amalgamated Bank, a national socially responsible bank and the largest B Corporation bank in the U.S. Building on a decade of experience in the nonprofit sector, Caitlin leads strategy and relationship management for philanthropic organizations, supporting mission alignment across clients’ banking, giving, investing, and lending needs. Prior to joining the Bank in 2019, Caitlin worked with the National Committee for Responsive Philanthropy in progressive leadership roles in research, programming, and engagement. She has served on the board of the Diverse City Fund, a community-led grantmaking fund in Washington, D.C., and on the steering committee for the D.C. chapter of Emerging Practitioners in Philanthropy. She was a 2015 Next Gen Fellow with Exponent Philanthropy and a 2021-2022 Fellow with the Just Economy Institute. Caitlin currently serves on the board of the Washington Regional Association of Grantmakers.

Maritza Guzmán, M.P.A., is a philanthropy consultant with experience across large national foundations, corporate philanthropy, government agencies, and the nonprofit sector. Throughout her career, she has worked at a range of organizations, including TCC Group, NEO Philanthropy, the I Have a Dream Foundation, the F.B. Heron Foundation, the Freddie Mac Foundation, and the DeWitt Wallace Reader’s Digest Fund. Reflecting her passionate belief in opportunity for all, Maritza has focused on advancing equity and social justice through her work. As the first member of her family to attend college, Maritza began her career in philanthropy working on issues of educational access. Learn more about Maritza.