

Driving Financial Success In a Nonprofit World w/ David Damond
Apr 12, 2022
25:13
Does your nonprofit organization need a CFO? After all, it's not about the money but the mission. The reality is that to pursue the organization's mission successfully, you need financial support. Here is where the role of a CFO steps in and where Dave Damond will help us understand that better.
David is responsible for developing and implementing the overall financial strategy and stewardship of the March of Dimes, management of accounting, budget, compliance, internal audit, and bank relationships. He also spent over 20 years at the headquarters of the American Red Cross, where he was the head of finance for the blood division that generated over $2 billion in revenue.
Today, Dave reveals what it takes to become a successful CFO in the nonprofit space.
In this episode, we discuss:
- The role and responsibilities of a CFO in nonprofit space
- Hiring the right CFO
- What does it take to Become a Successful CFO at a Nonprofit Organization?
Learn more about David and March of Dimes:
David is responsible for developing and implementing the overall financial strategy and stewardship of the March of Dimes, management of accounting, budget, compliance, internal audit, and bank relationships. He also spent over 20 years at the headquarters of the American Red Cross, where he was the head of finance for the blood division that generated over $2 billion in revenue.
Today, Dave reveals what it takes to become a successful CFO in the nonprofit space.
In this episode, we discuss:
- The role and responsibilities of a CFO in nonprofit space
- Hiring the right CFO
- What does it take to Become a Successful CFO at a Nonprofit Organization?
Learn more about David and March of Dimes:
Episode resources:
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Episode resources:
If you enjoyed this episode, then please either:
- Follow, rate, and review on Apple Podcasts
- Follow on Spotify
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Previous guests include: Tom McDermott, CFO at Career Certified, Claire Bramley, CFO at Teradata, Chris Miles, Founder of Money Ripples, Ranil DeSilva, CFO & COO at CARE, Jordan Grumet, Financial Independence Expert & Host of Earn & Invest & William Washington, Global CFO at Baker McKenzie
Check out some of our most recent episodes:
- Driving Value Beyond Finance with Tom McDermott
- Why CFOs Are the Chief Everything Officers with Claire Bramley
- Why Traditional Financial Advice Fails and What To Do Instead with Chris Miles
- NGO Finance Secrets: CARE’s $900M Strategy with Ranil DeSilva
- What Lights You Up? with Jordan Grumet
- Become a Lean Six Sigma Master Black Belt with William Washington
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