Principle 2: Manage Financial Position
We're continuing the deep dive into all of our 7 Actionable Principles, culminating with our Philanthropy Day luncheon in November. Our second principle helps equip nonprofits to sustain their organizations by maintaining their financial position. Key components of this principle include:

  • Use financial projections to regularly monitor budget performance, comparing projected to actual expenses, and to budget for appropriate cash reserves.

  • Develop a financial reporting system (internal management, by staff or volunteer, finance committee review, board oversight, 990, year-end financial statements, and depending on operating budget size, a financial review or independent audit).

  • Create financial health metrics – each organization’s metrics will look different; examples of indicators to track include revenue reliability (sources of unrestricted recurring dollars), revenue targets, cash flow, surplus and reserves, cash liquidity, liabilities, net assets.

  • Communicate financial health holistically, sharing the context of the community we serve and their goals, the deep impact of chronic underfunding and historic disinvestment on financial health, especially for organizations serving and led by Black, Indigenous, and People of Color (BIPOC), and the true costs of designing responsive, community-driven solutions.

To learn more, we invite you to watch this video to see the principle in action. You may also download the workbook to guide your organization through an assessment of this principle and brainstorm ideas for improvement.

Remember: the principle is firm, the path is flexible. Check out the many ways your organization might engage this principle by visiting the 7AP Webpage.
PATH Foundation Better Together Fund
We are thrilled to announce the Better Together Fund: a new funding cycle designed to support nonprofit-led events to bring people together again in Fauquier, Rappahannock and Culpeper counties. 
We are accepting submissions for event funding through July 30, 2021
The Better Together Fund application process is NOT completed at our grantee portal. To apply, please visit our Volunteer Hub, and log into your organization’s account. If your organization is not registered, please contact Lynn Lauritzen.
PATH Foundation Flexible Funding Grants

The PATH Foundation is currently accepting applications for Flexible Funding grants through July 30, 2021 at 5 p.m.
Flexible Funding grants will provide up to $75,000 in unrestricted general operating support for 501(c)3 nonprofit organizations to be used as needed to meet their missions.
You can find more information about Flexible Funding grants, as well as information on how to apply, on the PATH Foundation’s website.
Upcoming Training

Resilient Philanthropy (Presented by Foundant)
July 21st, 12:00-1:00 P. M. EST (Online)

Tune in to to hear from an expert facilitator from the Montana Racial Equity Project to how organizations are:
  • Adjusting their processes to address equity, inclusion, and justice (EIJ)
  • Launching initiatives to support EIJ in their organizations and communities
  • Addressing challenges and learning from them
  • Defining success along their EIJ journey

July 21tst, 2:00-3:00 P. M. EST (Online)

This session will provide guidance on setting up your GuideStar profile to using the Foundation Database all that Candid offers in between.

August 4th, 9:00-10:30 A. M. EST (Online)

Are you looking to connect with other board members to share experiences, increase your confidence and build a strong support network? Then CNE's Board Forums are just the thing!

Topic for our upcoming meeting: Building a Competent Board

September 22nd, 9:00-11:00 (Online)

Building and maintaining the board chair–executive director partnership calls for hard work by both parties. This CNE workshop will cover the following:
  • Key elements of shared leadership
  • How to establish and maintain effective communication
  • Facing and navigating challenges
  • Understanding the difference between Governance and Operations
Employee Assistance Program (EAP)

The PATH Foundation is still offering an EAP to nonprofit employees! EAP is a free service for employees to receive assistance with a wide variety of needs, including clinical counseling, financial coaching, wellness coaching, professional development and more.

Check out this introductory video to learn more. Registration is rolling, so if you'd like to enroll, please fill out the Google Registration Form here

  • Our elected officials want to hear from you! The American Rescue Plan Act of 2021 was recently approved by the federal government. Fauquier County will be receiving approximately $13,000,000; in addition the Town of Warrenton will be receiving $10,000,000. This is a lot of money which means it will be very complicated! Please complete this survey to help shape the future of our community.

  • National Endowment for Humanities has grants available to help support the recovery and revitalization of museums, libraries, archives, historic sites, and other nonprofits impacted by the pandemic in Virginia. There's an info session on Monday, July 19th at 10am, and the application deadline is August 16th. Visit their website for full details.

  • Virginia Funders Network has released a toolkit and resource guide designed to help funders across Virginia engage in the strategic allocation, distribution, and use of ARPA funds in their local communities.
Now Hiring
Mental Health Association of Fauquier is seeking an Administrative and Program Specialist. This position reports to the Executive Director and is responsible for expanding outreach and to support current staff with administrative tasks, referrals, and educational programming. 

Boys and Girls Club of Fauquier has two job opportunities at this time:

  • Unit/Program Director (full time with benefits.) This position manages the overall daily operations of the club with the primary concern for programs and service delivery, supervision and training of staff, facilities management, community relations and membership administration. 

  • Youth Development Associate (YDA; part time/20 hours.) This position plans, implements, facilitates, and supervises activities and events in a specific program area. The YDA promotes safety of members, quality of programs, and appearance of the club at all times.

To apply, send your resume and letter of interest to

Seven Loaves is hiring!! The organization is seeking a Food Pantry Operations Manager responsible for the daily operations of the food pantry, ensuring that clients and volunteers are receiving assistance and working in a clean, safe, and respectful environment.

Fauquier Free Clinic is seeking highly-skilled candidates to fill the Patient Care Coordinator role. This position works in partnership with the Executive Director to provide leadership to the development, implementation, and evaluation of clinical services. Qualified candidates should submit resume and cover letter to: Rob Marino.

Headwaters Education Foundation is hiring a part-time Executive Assistant to provide office and program support, as well as, assisting with social media and marketing. Interested candidates should submit cover letter and resume to
Grant Opportunities
Candid’s Foundation Directory Online remote access continues through end of 2021 with these new guidelines. Get started here.