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Strategies for Impactful Grantmaking During Funding Uncertainty

Blackbaud

Just as we finally got our footing from a global pandemic and spinning up programs to support communities dealing with extreme weather events, now federal policy shifts have grantmakers and grantees alike scrambling. As Kris Putnam-Walkerly wrote on her blog, Uncertainty isnt an excuse to retreatits a call to adapt.

Funding 67
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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Pre-Award Preparation Have certain policies and processes in place before applying for a grant so you can be confident you meet their requirements and there are no surprises. Tip 1: Have your leadership drive the conversation on grant funding and the policies associated with this revenue stream. Update your policies accordingly.

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How to Develop Your Nonprofit Operating Reserves

Blackbaud

The post How to Develop Your Nonprofit Operating Reserves first appeared on The ENGAGE Blog by Blackbaud. Consult your auditor and CPA to identify the options that work best for your organization. This post was originally published October 2016 and updated January 2025.

Contracts 103
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

So how can you minimize these errors and create data entry policies for your users? Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. Tracking: Cut Out the Spreadsheets! Ready to tackle the tasks of grants?

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

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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Taking the Fear out of Grant Management: Indirect Cost Allocation By: Kellie Brungard, GPC

Assel Grant Services

Check out the previous posts on conflict of interest policies and procedures and time and effort ! Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. What are indirect costs?

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5 Essential Employee Retention Tips for Nonprofit Managers

Blackbaud

The post 5 Essential Employee Retention Tips for Nonprofit Managers first appeared on The ENGAGE Blog. All of your organization’s practices directly or indirectly contribute to retention by creating a more engaging and well-run workplace.