In this two-hour workshop, participants will understand different cost allocation methodologies, providing organizations with the tools to undertake an analysis of full cost of programs and how to craft a “fully-loaded” budget to submit to funders and stakeholders. Finally, this session will also allow an organization to better advocate for the funding of indirect costs in grant proposals and government contract budgets.
In this session, attendees will learn:
· Types of budgets and levels of planning at an organization
· Identifying, allocating, and building indirect costs into program budgets to understand the real costs of program delivery
· Communicating the story of your organization’s “overhead” to funders and other external stakeholders
*This session is the second of a series of trainings on budgeting and finance. Other trainings in the series will include Financial Reporting and Grant Management; Program Sustainability, Restricted Funding, and Budget Reporting; Finances, Strategies, and Governing Boards.
Gillian Gorra is an experienced nonprofit professional skilled in fiscal management, strategic planning, human resources, and facility oversight, and she is deeply committed to empowering organizations and professionals to do their best work. Gillian brings nearly two decades of management experience in both nonprofit and specialty retail to her work with BDO FMA. Most recently, she spent over ten years as general manager then managing director of the acclaimed Emerald City Theatre in Chicago. While in those roles, she created and oversaw all financial and HR systems and led the annual budget development and monitoring processes. Among other accomplishments there, she led the company in establishing a partnership with the Chicago Public Schools Real Estate department and worked to formalize the organization’s first donor acknowledgement and stewardship plan.
Gillian is also a performing artist, with significant experience in arts education and administration. She served as governance chair of the Lincoln Park Chamber of Commerce board of directors and was a long-time member of the artistic-technical team of the Joseph Jefferson Awards Committee. She holds a Master of Management in nonprofit administration from North Park University in Chicago, and a Bachelor of Music in musical theatre from Baldwin Wallace University.