1. Erik Simanis
Instructor
Philanthropy University
Laura Tyson
Director, Institute
for Business and Social Impact
Haas School of Business, University of California, Berkeley
July 26, 2016
MUHAMMAD EL ABDULLAH
successfully completed the course
FINANCIAL MODELING FOR THE SOCIAL SECTOR
This 7-week course by Dr. Erik Simanis and +Acumen provided a financial modeling framework that can be
used to think about what is required for an early stage venture to achieve financial sustainability. Topics
covered in the course included: bounding an operational unit of a venture, calculating the total running
costs/total investment costs of an operational unit, and determining the price point and margin level required
for financial sustainability.

2. Philanthropy University is a non-degree, diploma or credit granting initiative of Philanthropy U, the nonprofit sponsor and
concept developer of the initiative. Learners are not entitled to earn college or other academic credit.