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A to Z Grant Terminology You’ll Want to Know

Grant Writer Team

Funding Period: The period of time during which a grant funding award is available for the recipient to utilize. Hedge: You should ‘hedge your bets’ by submitting multiple grant proposals to increase the chances of winning a grant award. Notice of Award (NoA): Official notice to grant applicants.

Grant 98
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How to Manage Your Arts and Cultural Nonprofit’s Revenue Streams in Uncertain Times

Blackbaud

Think through your revenue streams—are they tied to similar economic drivers that could affect them all at once? For example, you may have several different grants, but if some of them are backed by federal funds, either directly or as pass-throughs, you could be vulnerable to federal budget cuts that affect your sector.

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9 Best Practices for Strong Nonprofit Financial Management

Blackbaud

Nonprofit financial management is the process of managing the money that flows through your not-for-profit organization. You can also create scenarios based on specific events, such as a major grant award, a climate event, or an increased demand for your services. What is Nonprofit Financial Management?