Knowledge and insights to drive mission fulfillment
Not-for-Profit organizations and higher education institutions are contending with increasing expectations and evolving challenges. Our partner-led specialists serve institutions of higher education, associations, membership organizations, social services, foundations, museums, cultural institutions, and religious and Jewish/Israeli organizations. We have the experience and knowledge to help you improve operations, understand and mitigate risks, embrace emerging technologies and engage and serve your constituents as you realize your mission.
Sectors we serve
- Higher Education
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Religious Organizations
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Foundations
- Associations & Membership Organizations
- Museums & Cultural Institutions
Colleges and universities must meet evolving student and constituent expectations by adopting new pedagogies and managing administrative costs through institutional innovation and resource alignment. Our specialists provide in-depth experience and insights to help institutions deliver on their mission and embrace transformation.
Increasing operational costs and challenges, reductions in philanthropy, tax compliance issues and emerging risks are straining many religious organizations. Gain insights into risk identification and mitigation, financial planning, technology modernization and the unique compliance and operational matters specific to your sector.
Foundations are being called upon to expand their level of grant making and fill gaps created by reductions in donor philanthropy, decreased government funding and amplified societal needs. Foundations must also assess, track and report programmatic outcomes and successes. We can provide insights and best practices to help foundations understand their constituent needs and expectations for heightened levels of performance reporting.
Evolving member expectations and perceptions of value, coupled with stagnant membership growth and engagement, are just some of the challenges associations and membership organizations are presently facing. Receive the guidance you need on growth strategies, diversifying revenues, reserves planning, technology modernization and risk mitigation to help position your association for sustainability, relevance and continued growth.
Museum & cultural institutions have rebounded post-COVID and are now focused on expanding their collections, maintaining their relevancy and identifying new ways to attract visitors by investing in innovative and immersive exhibits. However, the sector is not without its challenges. More attention is being given to understanding risks, maintaining financial strength, managing construction costs and overall capital optimization, strengthening operational controls and safeguarding collections.
How we can help you
Our teams tackle challenges alongside you, improving results for your organization.
Top industry issues for 2024
Not-for-Profit: Sustainability and growth
This year, Not-for-Profit organizations need to position themselves for sustainability, growth and mission delivery. Hear our Not-for-Profit Practice leader Dennis Morrone outline these top issues.
Top issues for 2024 in other industries
- Asset Management in 2024: Eye on interest rates -->
- Banking in 2024: Opportunities to minimize risk -->
- Construction & Real Estate in 2024: Optimism ahead -->
- Energy in 2024: Strong outlook in many sectors -->
- 2024 forecast for Healthcare seeks to clarify trends -->
- Assessing 2024 Hospitality trends can focus concerns, tactics -->
- 2024 outlook can aid Life Sciences companies planning -->
- Manufacturers adapt for evolving tech and talent -->
- Media seeks stability in 2024 following labor woes -->
- Service firms need clear decisions on innovation -->
- Tech firms tackle GenAI and other opportunites -->
Our fresh thinking
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Events & webcasts
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Connect with our Not-for-Profit & Higher Education leaders
Dennis J. Morrone
National Managing Principal, Not-for-Profit & Higher Education Industries
Grant Thornton Advisors LLC
Partner, Audit Services, Grant Thornton LLP
Dennis Morrone is the National Managing Partner of Grant Thornton's Not-for-Profit & Higher Education Practices.
Iselin, New Jersey
Industries
- Not-for-profit & higher education
Service Experience
- Advisory
- Operations and performance
- Audit & Assurance
- Finance Transformation
- Employee Benefit Plan Audits
- Transaction advisory
Jennifer Hoffman
Partner, Audit Services, Grant Thornton LLP
Principal, Grant Thornton Advisors LLC
Jennifer Hoffman is an Audit Services partner in Grant Thornton’s Long Island office, a fully dedicated member of the East region Not-for-Profit practice and is the partner-in-charge of the metro New York Not-for-Profit practice. She joined Grant Thornton in September 2003 after spending eight years at a Big Four firm.
Long Island, New York
Industries
- Not-for-profit & higher education
- Retail & consumer brands
Service Experience
- Audit & Assurance
Daniel Romano
Principal, Tax Services, Not-for-Profit & Higher Education Industries
Grant Thornton Advisors LLC
Dan is a partner and leads Grant Thornton’s Notfor-Profit Tax practice which serves tax-exempt organizations including colleges & universities, hospitals, private foundations, cultural institutions & trade associations throughout the country.
New York, New York
Industries
- Not-for-profit & higher education
Service Experience
- Tax
Matt Unterman
Principal, Growth Advisory Services, Not-for-Profit & Higher Education Practices
Grant Thornton Advisors LLC
Matt Unterman is a principal within Grant Thornton’s Not-for-Profit and Higher Education Advisory Services Practice.
New York city, New York
Industries
- Not-for-profit & higher education
Service Experience
- Advisory
Ready to talk? We’re ready to listen.
Request a meeting and a member of our team will be in touch to see what we can do to meet your needs.
Want to submit an RFP? Please submit your request through our RFP submission page.
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Since day one, we've challenged what's expected — for business, for our colleagues and for our communities. But we're just getting started. Ready to join us on our journey into the next 100 years?
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