Video Podcast: Using Funding Pipeline Reports to Navigate Financial Disruptions
Ben and Mike discuss the challenges of planning in a period of financial instability and how funding pipeline reports can help nonprofit organizations document real-time information affecting funding plans, provide a framework for assessing the reliability of future funding sources, fill in gaps not covered by financial reports, and more.
PREVIEW SHORTER CLIP:
FULL 30-MINUTE VIDEO:
CHAPTERS:
00:00 - Intro
02:52 - How the current situation is different from past disruptions
04:15 - The importance of making conservative financial projections
05:57 - Separating planning into 3 buckets: near-term, short-term, and intermediate term
07:59 - How to approach decision-making in these 3 buckets
11:10 - Using a funding pipeline report to help you track changes in funding sources and fill in gaps not covered by financial statements
14:40 - Four benefits of funding pipeline reports
16:25 - Assessing your confidence level for different funding sources
21:00 - How often to update and reassess a funding pipeline report
23:36 - Remembering the sensitivity of this information
FURTHER READING:
