Is the job of the non-profit financial manger getting easier or more difficult in the future?

Answer 1

I was director of a non profit for a number of years. I say without a doubt--Definitely more difficult for the future.

The reason being is federal, state and local grant dollars aren't as available as they once were. And the simplicity of being able to reach out globally has definitely impact local non profit agencies in a negative way. That sounds terrible, but it is true. The Tsunami just about killed our non profit. Dollars that folks usually earmarked for us--went away. I don't comment on whether it was right or wrong, I'm just saying it hurt.

Unless you have Bill Gates bank rolling you, you better tighten your belt.

Answer 2

Financial managers in non-profits are not nearly under the same pressure as those in corporations. They are obligated to not put capital at risk and their investment strategies are generally limited to safe investments. So I don't think there will be much of a change, if at all, in their job requirements. It's mostly accounting work anyway.