Hello, listeners, and welcome to the 13th episode of the Gateway Giving Podcast!
I have found that the primary reason most people either don’t give or don’t give more to charity is not because they don’t have a desire to use their money to make the world a better place, but rather because they are worried that their money will be wasted. One specific flavor of that concern is the fear that a nonprofit doesn’t have its act together behind the scenes in terms of their financial stability.
That’s where today’s guest comes in. Tosha Anderson founded The Charity CFO to offer outsourced accounting and bookkeeping to small and mid-sized nonprofit organizations, and she has over a decade of experience peeking behind the curtain of nonprofits of all sizes to help assess and improve their bookkeeping and accounting operations. There are few people as qualified to assess the financial health of a nonprofit.
In this interview, Tosha shares her organization’s three step framework for evaluating a nonprofit’s finances:
- Financial Management
- How well organized are they? Are their records up to date?
- Is this organization likely going to exist in its current form in the future?
- Do they have a strong balance sheet?
If you want to get serious about making sure you’re getting the desired result with your philanthropy, understanding an organization’s finances is crucial, and this interview with Tosha is a great place to start if you’d like to learn how to do that.
As always, if you have any questions, requests, or suggestions for people or organizations for me to interview, you can email me at email@example.com. Now, without further ado, here is my interview with Tosha Anderson!
Tosha Anderson & The Charity CFO are not affiliated with or endorsed by LPL Financial, Gateway Wealth Management, or Cornerstone Wealth Management.
Hi, I'm David Foster! I am the host of this podcast, and I am also the founder of Gateway Wealth Management, LLC. I hope you found something valuable in what you just heard/read. If you'd like to read more about me, click here. If you'd like to read more about my firm, click here. Thank you for listening!