Week 4 Discussion

Accountability is crucial, as some nonprofit organizations spend money intended for the clients inappropriately or unethically. Through transparency, nonprofit agencies need to assure the public, donors, and funders that their organization is trustworthy. They are then more likely to be viewed by donors, regulators, and the public as dependable and honest.
In your initial post, address the following:
Explain what capital budgeting is and how it relates to the mission and strategic planning of a nonprofit.
Summarize the major sources of financing for capital projects.
Distinguish the relationship between capital and operating budgets.
Explain the ethical implications of large capital projects where funds do not go directly to clients or others in need.
Integrate the required materials for this discussion, as well as at least one relevant credible source that you locate independently.