Adjunct Assistant Professor of Public Administration
David MacDougall, adjunct assistant professor of public administration, comes to Wagner following a 21-year career on Wall Street where he was the risk manager for Ambac Assurance’s $200 billion portfolio of government and nonprofit debt. He was also a member of the company’s portfolio risk management committee and was a senior credit officer, responsible for approving nonprofit financings. He is currently the executive director of ASA Foundation International, a nonprofit organization that raises funds to provide technical assistance to microfinance institutions in Asia and Africa. Prior to ASA, he worked at Deutsche Bank in its microcredit group. MacDougall holds a bachelor’s degree from Oberlin College, a master’s degree from Wagner in financial management, and an advanced professional certificate in finance from the Stern School of Business. After graduating from Oberlin, he joined the Peace Corps and served two years in the Philippines where he reviewed development projects for the mayor of a town of 20,000.
Financial Management for Nonprofit Organizations
This course focuses on financial management in a wide variety of nonprofit organizations. Some of these are organizations that rely primarily on donor support through pledges, grants and endowments. Others rely on revenues generated through the provision of services. In the fall term, the course adds material on NGOs operating in the international arena. In the spring term, the course concentrates on U.S. nonprofits. The substantive issues for financial managers are similar in both semesters.