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Your New Budgeting Superpower: Program-Based Budgeting

Blackbaud

The best way to manage those differing priorities is through budget management tools that give you a clear view of each program, instead of trying to pull apart the organizational budget. This is where your fund accounting system can help you get the granularity you need from your budgeting process to make data-driven decisions.

Budget 103
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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

When your nonprofit is just getting started, your budget for an accounting system is likely very close to $0. And this data rolls up into your organizational budget to give you a holistic view of your finances. It may be time to look for a fund accounting system with subfund capabilities when you notice these three signs.

Finance 105
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How to Minimize Risk Throughout Your Grant Cycle

Blackbaud

The post How to Minimize Risk Throughout Your Grant Cycle first appeared on The ENGAGE Blog. Learn more about how your grantmaking organization can mitigate risk throughout your grant cycle with our webinar, How to Minimize Risk with Your Grantees.

Grant 111
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We’re 39 percent similar; how can we be exponentially better?

Candid

In this blog post, we'll review the research results, discuss implications, and identify the soul-searching needed to move forward in new alignment with our values. Organizational Budgeting, Revenue Practices, and Forecasts (20 percent). Figure 2 Participation by annual grantmaking budget. Want to see more?

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Standing Up a New Grants Management Function

Grant Professionals Association

Some elements of grant readiness are having 501c3 paperwork, a board of trustees, a bank account, organizational budget, accounting staff, mission/vision statements and staff capacity and experience to handle a project. Travel budgets are tight, but webinars often feature industry experts who offered terrific advice and insights.