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5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers

Blackbaud

Fund accounting software with sub-fund capabilities makes it easy to manage multiple budget scenarios, understand encumbrances, and automate your internal controls for the highest level of accuracy and transparency. Separate budgets and multi-scenario budgets With dynamic funding and multiple lines of service, your budget is never final.

Funding 83
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How to Make The Most of December: Plan for a Great 2024

Lightning Fast Grant Writing

As you may remember, your grantsmanship library should include the following items.

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Zero-cost, maximum-impact professional development for fundraisers

Candid

Here are some ways you can leverage Candid’s resources for professional development—regardless of time and budget constraints. Learn at your own pace, even without a budget Even with a budget of $0, you can build your fundraising skills by learning online. Another way to learn collaboratively is to form a “book-ish club.”

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14 Ways To Thank Donors During Thanksgiving

CauseVox

After all, many nonprofits and charities raise upwards of 30% or more of their annual operating budget during these few short months. Spotlight Donors On Social Media This Thanksgiving An easy and budget-savvy way to show your donors how much you appreciate them is by highlighting them on social media or on your website.

Award 93
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Grant Application Rejected? Improve Your Success Rate

GrantNews

Unrealistic Budget: The higher the funding amount, the more stringent the rules. Go over your books with care and be sure every penny is accounted for. Missing Items: Have all documentation ready and attached before you submit. The best course of action is to always ensure you meet eligibility requirements.

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9 Best Practices for Strong Nonprofit Financial Management

Blackbaud

In a perfect world, your budget will always be balanced. You can also speed up the processing and reconciliation of your invoices and receipts, avoiding late fees and closing your books faster. While all nonprofit budgets start with the best of intentions, it’s always good to have a plan B, C, and D to help account for the unexpected.

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How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow

Get Fully Funded

When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. It might be better, since your Accounting is critically important, to spend the money on a paid contractor to tend to your books. There are a few reasons for this.

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