For Nonprofit Staff and Board: Capitalization and Community Workshop

The workshop is free with support from The George Gund Foundation.

Support your arts and culture nonprofit equitably and strategically during this time of great economic uncertainty. This conversation about capitalization was developed to combat the “norm” of under-resourced arts nonprofits, a standard that disproportionately affects ALAANA organizations. This workshop and presentation will feature national expert Rebecca Thomas of Rebecca Thomas & Associates (RTA) and senior staff from Grantmakers in the Arts.
Grantmakers in the Arts defines capitalization as “the accumulation of the resources an organization needs to fulfill its mission over time,” specifically for its financial health. Since its launch in 2010, GIA has provided resources, conferences sessions, publications, and workshops on nonprofit capitalization. GIA’s Capitalization workshops are specialized workshops, held separately for funders and nonprofit grantees, focusing on what each group can do to support the financial health of nonprofit arts and culture organizations.

For nonprofit organizations, we encourage participation by two or more board and senior staff members whose roles include oversight of the organization’s finances.

The goals for Conversations on Capitalization and Community are to:

Elevate the knowledge of capitalization for nonprofits and their funders, particularly during a recession
Provide shared vocabulary that grantmakers and grantees use to inform and transform grantmaking and nonprofit financial practices
Provide insight into having effective dialogues between funders and grantees
Create a greater sense of complementary practice and camaraderie for a stronger, healthier arts and culture ecosystem