Since 1995, NFF has provided financial and advisory services to nonprofits in Massachusetts, and today serves organizations throughout New England. Learn more below!
- The Catalyst Fund:a groundbreaking five-year collaborative created to provide funding for technical assistance to promising, voluntary collaborative ventures among Boston area nonprofit organizations. For details, please click here.
- Loans and lines of credit for facilities and working capital, all tailored to meet the needs of nonprofit organizations at competitive rates and terms.
- New Markets Tax Credit Loans offer tax credits for private investors in exchange for capital investment in facilities in low-income communities.
- Nonprofit Business Analysis (NBA) is an in-depth financial analysis and consultation that clarifies an organization's financial condition, helping management balance financial considerations with program goals and better articulate financial needs to funders.
- Financial Leadership Clinic combines an educational seminar on nonprofit finance with individual coaching and peer-based learning. In the two-day Clinic, four to six small-to-midsized nonprofits working in a common sector learn to read and interpret their financial documents, understand the dynamics of their business models, and identify and communicate the specific financial needs and goals of their organizations.
- Workshops and Coaching expertly guide nonprofits and funders in exploring how management decisions and capital structure affect an organization's mission and finances. NFF workshops are a dynamic exploration of how nonprofits and funders can improve the ways they use money, so that missions can thrive.
- Capital Partners helps nonprofit organizations attract the shareholder-like investment they need to support significant transformations. Capital Partners brokers and facilitates capital campaigns of $5 million or greater, so that nonprofit executives can focus on the day-to-day running of their organizations.
- Speaking Engagements, featuring insights from NFF President & CEO Clara Miller and other NFF staff members on the giving, getting and using of money in the nonprofit sector. With over 25 years experience in the field, NFF is a locally, nationally and internationally recognized thought leader on topics related to nonprofit finance and social enterprise.
- Systems Replacement Plan (SRP) is a detailed review of a nonprofit's building systems. NFF consultants create a 20-year SRP that forecasts expected timing and costs of replacements and repairs, helping organizations better plan for future facility-related capital needs.
- Building for the Futuresm (BFF) offers a matching savings program that prevents deferred maintenance financial crises by funding building reserves. BFF helps organizations prepare for long-term repair and replacement costs in a planned and timely way.
Capital Ideas: NFF and the Hauser Center Explore Funding Practices
On March 15, 2007, a symposium co-presented by NFF and the Hauser Center for Nonprofit Organizations at Harvard University examined promising funding practices that address the long term sustainability of nonprofits. Entitled Capital Ideas: Moving from Short Term Engagement to Long Term Sustainability, this symposium brought together funders, researchers, practitioners and other leaders. This small group examined initiatives that support organizational capacity building, financial health and enhanced program performance among nonprofits.
The Worcester Center for Performing Arts (WCPA) undertook a $30 million renovation to transform a historic theatre in downtown Worcester into the Hanover Theatre for the Performing Arts, a new 2,300-seat performing arts space. WCPA sought the help of NFF because of a shortfall in construction costs. NFF first teamed up with WCPA in 2005 to issue a predevelopment loan for the beginning phases of the project. Two years later, NFF is pleased to work with investor Citibank, through the New Markets Tax Credits initiative, to help raise the curtain on Worcester's new theatre.
Four years into an ambitious construction project, the Holyoke Health Center (HHC) was faced with construction cost overruns. With a $1.625 million loan commitment from NFF, HHC was able to complete La Plaza de Salud, a full-service, 108,000 square-foot medical center. Located in the central business district of Holyoke, the center will bring much-needed care to a community struggling with the highest death rates in the state from diabetes and heart disease, as well as high incidences of HIV, drug use, and teen pregnancy.
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NFF Workshops in Boston: