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Financial Management for CED Organizations (Webinar Recording)

Financial management tips and insights from Walter Hossli, Executive Director of Momentum, founding member of CCEDNet and one of the most experienced CED leaders in Canada. 

BACKGROUND

For the past 20 years, Walter Hossli has been the driving force behind the Calgary CED organization Momentum.  Momentum serves about 4,000 low-income Calgarians annually in 20 programs including, trades training, micro loans for business start-up, professional immigrants’ accreditation, financial literacy and matched savings programs. 

But it wasn’t always this way.  In 1991, Momentum had a budget of just over $300,000 and was caught in the project funding treadmill common to many CED groups.  By learning to cost properly, diversifying funding sources, building surpluses and reserves and creating a strong organizational culture, Momentum’s annual revenues grew to over $5.2 million in 2010, with reserve funds of over $1.6 million.

In this session, Walter shares the lessons he’s learned over the last 20 years and tips on how strong financial management can catalyze organizational passion, performance and independence – and ultimately better results for communities. 

SPEAKER

  • Walter Hossli, Momentum
    Walter has been Executive Director of Momentum since it was founded in 1991.  Under his leadership, Momentum has won the Community Achievement Award from the City of Calgary, been recognized by the Tides Canada Foundation, by Charity Intelligence as one of the most effective organizations in Calgary and named one of Alberta's top 50 employers. Walter is a founding board member of CCEDNet, and he helped establish Vibrant Communities Calgary, an organization dedicated to fighting poverty.

ADDITIONAL RESOURCES

Social Finance Connects

 

Thursday, September 27
12:00 noon EDT
Format: 30-minute profile of a social finance initiative in Canada followed by a 30-minute, cross-country check-in

Join us Thursday, September 27 at 12:00 noon EDT as we welcome our guest speaker Karim Harji, co-founder and partner at Venture Deli.
 
Venture Deli, in partnership with Human Resources and Skills Development Canada, recently published a nation-wide study that provides insight into the issues and opportunities for social finance as perceived by the Canadian financial sector. The report identifies several key themes related to the level of awareness of social finance, as well as the challenges faced by financial institutions, asset managers, financial advisors and investors. 
 
Karim Harji will present these findings and propose strategies to build awareness across the financial sector, providing recommendations to help advance social finance in Canada. 
 
RSVP: Tristina Sinopoli at tsinopoli@marsdd.com

Webinar Login Details:

Visit https://mdd.adobeconnect.com/socialfinanceconnects and enter as a guest. Please allow Adobe Connect a moment to configure.
 
To access audio by phone, you can call in toll-free (North America) at 1-866-261-6767 with participant code 915097#.
 
Although Adobe Connect can be configured to use your computer’s VoIP and audio system, it is highly recommended that you connect by phone for optimum audio results. Should you have technical difficulties during the webinar, please email Nabeel Ahmed, nahmed@marsdd.com, for assistance.

About Karim Harji:

Karim Harji is a co-founder and partner at Venture Deli, a firm that builds and capitalizes ventures that matter to the world. He is also the lead at Purpose Capital, where he advises investors, foundations and financial institutions globally on how to align their investment strategies with their social impact objectives. Most recently, he was the Senior Manager for Partnerships & Social Impact at Social Capital Partners, where he led initiatives that provided growth financing and advisory services to franchises and large corporations seeking to enhance their social impact. 
 
Karim is a Senior Research Associate at the Carleton Centre for Community Innovation at Carleton University, and teaches social entrepreneurship at York University and the University of Toronto (in the business and engineering faculties, respectively). He is a regular blogger at socialfinance.ca, the leading website on social finance and impact investing in Canada, which he co-founded in 2008. 
 
Karim holds a master's degree in public administration from Carleton University, and an undergraduate degree in economics from McMaster University. He is on the board of the Small Change Fund and the Social Investment Organization.
 
What is Social Finance Connects? Click here to find out!
 

 

ECVO Financial Management Series for NonProfit Organizations

 

The financial management series for Nonprofit Organizations is back! ECVO has partnered with KPMG, the City of Edmonton, Charity Central and professional accountants with vast Nonprofit sector experience to design and deliver financial training for organizations that fit the following profile:
  • Have fewer than ten staff
  • Have multiple funding sources
  • Are a nonprofit or charitable organization
  • Have minimal in house financial expertise/experience.
The series has been revamped to offer each workshop twice per day, morning and afternoon, to ensure as many as possible organizations benefit from this amazing opportunity. Workshop content has also been tailored to incorporate important financial knowledge and information relevant to the sector as a whole and specific to charities and non charities.
 
REGISTER HERE to participate in all six workshops and enjoy a great saving. Use the links below to register for individual workshops.

Crowdsourcing for Health Innovation

Also available via webcast

Digital engagement empowers individuals to make an impact in ways that were never before possible.

Crowdsourcing has been used to build groundswells of participation in philanthropy, business and politics, so what can it do for health care?

Let's find out together

Featuring two globally recognized crowdsourcing experts:

  • Rahaf Harfoush is a digital innovation and Foresight Strategist who was invovled in the Obama presidential campaign
  • Jeff Howe is an author, the creator of the term Crowdsourcing, and a former contributing editor at Wired Magazine

This event is free of charge. Space is limited.

>> MORE INFO & REGISTRATION HERE

The Resilience Imperative: Remaking the CED Agenda? (Webinar Recording)

A feature webinar discussion with Mike Lewis on Resiliency – a next step for local economies in the transition to a low-carbon future. 

BACKGROUND

Twenty years ago, Mike Lewis was already one of the leading voices for community economic development in Canada.  As editor of Making Waves, he saw first hand how local action can help turn around impoverished neighbourhoods and communities.  But as his work expanded internationally and across sectors, the emerging spectres of climate change and peak oil cast community renewal in a new light. 

In his new book, The Resilience Imperative, Lewis and co-author Pat Conaty of the new economics foundation draw on their wealth of experience to show how energy, food, housing, finance and other sectors familiar to CED practitioners can be reinvented at a more local and regional scale, buffering communities from the economic shocks that the global transition to lower-carbon economies will likely entail. 

The Resilience Imperative is firmly grounded in extensive research carried out by the BC-Alberta Social Economy Research Alliance.  With endorsements from David Suzuki, Bill McKibbon, Hazel Henderson, Gar Alperovitz, Robin Murray and many others, The Resilience Imperative offers practical solutions for a cultural shift to solidarity, co-operation and sufficiency in a future that respects the earth’s ecological limits. 

SPEAKER

Michael Lewis, Canadian Centre for Community Renewal, has been engaged in community economic development (CED), development finance and the social and co-operative economy for over 35 years, Mike is a prolific author, and respected practitioner who’s been involved in entrepreneurial development, network building, strategic assistance to CED organizations and curriculum design for community resilience. 

EXCERPTS FROM THE BOOK

ADDITIONAL RESOURCES

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