--- title: BoardSource Blog - The Leader in Nonprofit Board Governance | financial oversight description: financial oversight | Nonprofit governance blog devoted to best practices and committed to inspiring nonprofit board service --- ![Blog-0216.jpg](https://blog.boardsource.org/hs-fs/hubfs/blog_photos/Blog-0216.jpg?width=1400&name=Blog-0216.jpg "Blog-0216.jpg") [![Blog-header-logo.png](https://blog.boardsource.org/hs-fs/hubfs/blog_photos/Blog-header-logo.png?width=360&name=Blog-header-logo.png "Blog-header-logo.png")](https://boardsource.org) [Back to blog homepage](https://blog.boardsource.org/blog) [![Board-metrics](https://blog.boardsource.org/hubfs/Board-metrics.jpg)](https://blog.boardsource.org/blog/metrics-that-matter) ## [Metrics That Matter: Is Your Board Tracking the Right Things?](https://blog.boardsource.org/blog/metrics-that-matter) Posted by [Irv Katz](https://blog.boardsource.org/blog/author/irv-katz) on Apr 18, 2018, 2:00:00 PM Balanced scorecards, dashboards, strategic plan reports, even routine financial and activity reports: They range from basic to varying degrees of sophistication relative to accountability, management, and governance. “Metrics” is the prevailing mantra, but do the metrics that are routinely... [more](https://blog.boardsource.org/blog/metrics-that-matter) Topics: [Board Best Practices](https://blog.boardsource.org/blog/topic/board-best-practices), [Mission Impact](https://blog.boardsource.org/blog/topic/mission-impact), [oversight](https://blog.boardsource.org/blog/topic/oversight), [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight) [![](https://blog.boardsource.org/hubfs/blog_photos/Goals-img-blog2.jpg)](https://blog.boardsource.org/blog/managing-and-pursuing-your-investment-programs-long-term-goals) ## [Managing and Pursuing Your Investment Program's Long-Term Goals](https://blog.boardsource.org/blog/managing-and-pursuing-your-investment-programs-long-term-goals) Posted by [Lisa Schneider, CFA](https://blog.boardsource.org/blog/author/lisa-schneider-cfa) on Nov 8, 2017, 3:04:00 PM As a board member, you have a difficult job. You need to ensure that your organization has the money, talent, experience, and resources to fund your mission. And you need to do this in an ever-changing market and regulatory environment. Moreover, if your organization relies heavily on your... [more](https://blog.boardsource.org/blog/managing-and-pursuing-your-investment-programs-long-term-goals) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight), [investments](https://blog.boardsource.org/blog/topic/investments) [![](https://blog.boardsource.org/hubfs/blog_photos/ada-blog-img.png)](https://blog.boardsource.org/blog/five-things-every-nonprofit-should-know-about-the-americans-with-disabilities-act) ## [Five Things Every Nonprofit Should Know About the Americans with Disabilities Act](https://blog.boardsource.org/blog/five-things-every-nonprofit-should-know-about-the-americans-with-disabilities-act) Posted by [TriNet](https://blog.boardsource.org/blog/author/trinet) on Oct 2, 2017, 1:00:00 PM *This post is one in a series written by leaders who are presenting sessions at or sponsoring the 2017 [BoardSource Leadership Forum](https://boardsource.org/board-support/training-education/boardsource-leadership-forum-2/) taking place in Seattle, October 18-20. We thank our sponsors for their support.* The Americans with Disabilities Act (ADA) lays the foundation for the responsibilities... [more](https://blog.boardsource.org/blog/five-things-every-nonprofit-should-know-about-the-americans-with-disabilities-act) Topics: [BoardSource Leadership Forum](https://blog.boardsource.org/blog/topic/boardsource-leadership-forum), [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight), [Health Care](https://blog.boardsource.org/blog/topic/health-care) [![loch-ness-img-blog.jpg](https://blog.boardsource.org/hubfs/blog_photos/loch-ness-img-blog.jpg)](https://blog.boardsource.org/blog/helping-your-nonprofit-find-the-elusive-cpi-5-investment-return-goal) ## [Helping Your Nonprofit Find the Elusive CPI + 5% Investment Return Goal](https://blog.boardsource.org/blog/helping-your-nonprofit-find-the-elusive-cpi-5-investment-return-goal) Posted by [Lisa Schneider, CFA, and Martin Jaugietis, CFA](https://blog.boardsource.org/blog/author/lisa-schneider-cfa-and-martin-jaugietis-cfa) on Sep 26, 2017, 11:39:03 AM *This post is one in a series written by individuals who are presenting sessions at the [BoardSource Leadership Forum](https://boardsource.org/board-support/training-education/boardsource-leadership-forum-2/) taking place in Seattle, October 18-20. BoardSource thanks Russell Investments for its support of the conference and for sharing its expertise with our participants.* For at least... [more](https://blog.boardsource.org/blog/helping-your-nonprofit-find-the-elusive-cpi-5-investment-return-goal) Topics: [BoardSource Leadership Forum](https://blog.boardsource.org/blog/topic/boardsource-leadership-forum), [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight) [![Inventment-img.png](https://blog.boardsource.org/hubfs/blog_photos/Inventment-img.png)](https://blog.boardsource.org/blog/effective-investment-program-oversight) ## [Build it or buy it? Effective investment program oversight](https://blog.boardsource.org/blog/effective-investment-program-oversight) Posted by [Angie Santo-Walter](https://blog.boardsource.org/blog/author/angie-santo-walter) on Jun 7, 2017, 11:05:48 AM A few years ago, my family and I moved to a small town, across the country from where we were currently living, and we were having a hard time finding a home that fit our needs and budget. So, we started talking about building. That presented a whole new set of challenges — finding the right... [more](https://blog.boardsource.org/blog/effective-investment-program-oversight) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight), [investments](https://blog.boardsource.org/blog/topic/investments) [![](https://blog.boardsource.org/hubfs/blog_photos/fiduciaries-img.png)](https://blog.boardsource.org/blog/2017-investment-programs) ## [What does 2017 have in store for your investment program?](https://blog.boardsource.org/blog/2017-investment-programs) Posted by [Rob Balkema](https://blog.boardsource.org/blog/author/rob-balkema) on Apr 27, 2017, 10:10:48 AM There’s a famous scene in the Mel Brooks movie *Young Frankenstein* where Dr. Frederick Frankenstein (played brilliantly by Gene Wilder) realizes that his assistant Igor gave him “Abby Normal’s” brain to put into his monster. As you can imagine, hilarity ensues. Today, we’re once again talking about... [more](https://blog.boardsource.org/blog/2017-investment-programs) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight), [investments](https://blog.boardsource.org/blog/topic/investments) [![](https://blog.boardsource.org/hubfs/blog_photos/balance-sheet.png)](https://blog.boardsource.org/blog/making-financial-statements-less-scary) ## [Take the Fear out of Financial Statements](https://blog.boardsource.org/blog/making-financial-statements-less-scary) Posted by [Stephanie Cory, CFRE, CAP](https://blog.boardsource.org/blog/author/stephanie-cory-cfre-cap) on Mar 10, 2017, 12:15:00 PM If you serve on a nonprofit board, you’ve probably seen those fellow members who look like a deer in the headlights when presented with financial statements. Maybe that’s even you. While everyone is recruited to serve because of a unique skill set, it’s important for all board members to understand... [more](https://blog.boardsource.org/blog/making-financial-statements-less-scary) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight) [![OnlineInvesting.jpg](https://blog.boardsource.org/hubfs/blog_photos/OnlineInvesting.jpg)](https://blog.boardsource.org/blog/do-nonprofit-boards-resist-online-investing) ## [Do Nonprofit Boards Resist Online Investing?](https://blog.boardsource.org/blog/do-nonprofit-boards-resist-online-investing) Posted by [Sharon Liebowitz](https://blog.boardsource.org/blog/author/sharon-liebowitz) on Sep 12, 2016, 10:30:00 AM ***Why don’t more nonprofits use online investing tools? Sharon Liebowitz has some ideas. Share yours in the comments.*** Over the last few weeks, I was honored to speak at two financial technology conferences in New York. It was great to hear insights and trends from fellow industry leaders and... [more](https://blog.boardsource.org/blog/do-nonprofit-boards-resist-online-investing) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight), [investments](https://blog.boardsource.org/blog/topic/investments) [![](https://blog.boardsource.org/hubfs/blog_photos/finance_quiz.jpg)](https://blog.boardsource.org/blog/reassuring-level-of-knowledge-revealed-by-recent-nonprofit-financial-literacy-quiz) ## [Reassuring level of knowledge revealed by nonprofit financial literacy quiz](https://blog.boardsource.org/blog/reassuring-level-of-knowledge-revealed-by-recent-nonprofit-financial-literacy-quiz) Posted by [Chris Thompson, Ph. D., former director of research and evaluation, BoardSource](https://blog.boardsource.org/blog/author/chris-thompson-ph-d-director-of-research-and-evaluation-boardsource) on May 23, 2016, 10:30:00 AM ***Chris Thompson, BoardSource’s numbers guy (and experienced ATM user) explores what can be learned from our recent financial literacy [quiz](https://pages.boardsource.org/financial-literacy-quiz-boardsource).*** Of the [10 basic board responsibilities](https://www.boardsource.org/eweb/DynamicPage.aspx?Action=Add&ObjectKeyFrom=1A83491A-9853-4C87-86A4-F7D95601C2E2&WebCode=ProdDetailAdd&DoNotSave=yes&ParentObject=CentralizedOrderEntry&ParentDataObject=Invoice%20Detail&ivd_formkey=69202792-63d7-4ba2-bf4e-a0da41270555&ivd_cst_key=00000000-0000-0000-0000-000000000000&ivd_prc_prd_key=C0326727-1756-43D3-99A8-61CD061AB434), “finance” appears prominently in two of them: “ensuring adequate financial resources” and “protecting assets and... [more](https://blog.boardsource.org/blog/reassuring-level-of-knowledge-revealed-by-recent-nonprofit-financial-literacy-quiz) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight) [![](https://blog.boardsource.org/hubfs/blog_photos/6steps-blog.jpg)](https://blog.boardsource.org/blog/six-steps-to-improve-board-financial-oversight) ## [Six Steps to Improve Board Financial Oversight](https://blog.boardsource.org/blog/six-steps-to-improve-board-financial-oversight) Posted by [Bob Wittig](https://blog.boardsource.org/blog/author/bob-wittig) on May 16, 2016, 10:00:00 AM Financial oversight is probably one of the most important board responsibilities. It’s important because an organization’s nonprofit status can come with some really nice benefits that may include: - no income taxes - no sales taxes - no property taxes - donations to the organization are tax-deductible ... [more](https://blog.boardsource.org/blog/six-steps-to-improve-board-financial-oversight) Topics: [financial oversight](https://blog.boardsource.org/blog/topic/financial-oversight) [All posts](https://blog.boardsource.org/blog/all) [Next](https://blog.boardsource.org/blog/topic/financial-oversight/page/2) ### Recent Posts Search this site on Google Search BoardSource   1050 Connecticut Ave NW, PO Box 65001  Washington,  DC   20036   US [![14](https://blog.boardsource.org/hs-fs/hubfs/14.png?width=37&height=37&name=14.png)](https://www.facebook.com/BoardSource/)  [![15](https://blog.boardsource.org/hs-fs/hubfs/15.png?width=37&height=37&name=15.png)](https://www.linkedin.com/company/boardsource) [![13](https://blog.boardsource.org/hs-fs/hubfs/13.png?width=37&height=37&name=13.png)](https://www.youtube.com/user/BoardSourceVideo) [Privacy Policy](https://boardsource.org/privacy-policy/)     |     [Acceptable Use](https://boardsource.org/terms-of-use/) © Copyright BoardSource