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What’s New and What’s Next: Why Your Finance Team Should Attend bbcon 2024

Blackbaud

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. They will explore the roadmap beyond the total web solution with a focus on real-world applications of AI and enhanced interoperability across the NXT suite. Reporting is a key part of any finance professional’s role.

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Relying on core policies that include both finance and program offices improves collaboration because everyone knows what their roles are and where the directive comes from. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Receiving the Grant Award Congratulations on winning the grant!

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Tip 2: Bring both your program and finance teams into the grant application and award process.

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Decoding the Enigma: Unveiling the Power of What is a Grant

Allied Grant Writers

Businesses Small businesses and startups can obtain grants to finance new projects, conduct research, or expand operations, often helping them gain a competitive edge in the market. Each type of grant has its own purpose, eligibility requirements, and application processes.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. This is where tracking indirect costs directly on a grant record will guarantee you are accurately calculating reimbursements and staying on top of billing.

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More Than Fiduciary Oversight – How Board Members Can Support the Grant Writing Team by Megan Campbell, MPA, GPC

Assel Grant Services

While board members play an important role in assuring agency finances and grant funds are treated ethically, they are also partially responsible for resource development that is, ensuring their organization has the resources needed to fulfill its mission. Understand the issues that could impact their nonprofit agencys finances (e.g.,

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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Each grant typically has a specific focus area and eligibility criteria, which applicants must meet. By understanding both the purpose of grants and their importance for financial stability, applicants are better positioned to succeed in securing the funding they need.