About this Event
About this Event:
Join us at the Edmonton Entrepreneur Centre for for an insightful evening dedicated to maximizing your Non-profits organization's financial health!
ATB Culture Banker, John Evans, will be presenting his expert insights on "Banking Essentials for Nonprofits". Whether you are looking to cut down on operational expenses, discover new income strategies, or protect your organization from fraud, this session is designed to increase your comfort and confidence in managing your non-profit's finances.
What You Will Learn:
- Expense Management: Practical tips on tracking all expenses, analyzing cost-per-activity, and leveraging in-kind donations to make every penny count.
- Income Strategies: Exploring diverse sources of income, from grants and donor relationships to AGLC licensing and corporate sponsorships.
- Banking Solutions for NPOs: Debunking common non-profit banking myths, setting up multiple accounts for cash flow management, and utilizing interest-bearing investments (like GICs) to put spare cash to work.
- Fraud Prevention & Managing Risk: Steps to reduce fraud risk, implement cyber security measures, and understand the importance of Directors and Officers (D&O) Liability Insurance.
- NPO Signing Policies: Navigating 2-to-sign policies and how to manage them efficiently in-branch versus online.
In addition to expert financial guidance, attendees will enjoy light refreshments and a chance to win a door prize!
Who Should Attend:
Non-profit founders, board members, executive directors, treasurers, and volunteers looking to streamline their banking operations and safeguard their organization's funds.
Disclaimer: This presentation outlines common characteristics about financials, budgeting, and banking to increase your comfort with these topics. It is not a substitute for professional accounting or legal advice; please consult a CPA/CA or Lawyer for specific advice regarding your organization.
Event venue & nearby stays
ATB Entrepreneur Centre (Edmonton), 4234 Calgary Trail Northwest, Edmonton, Canada
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