Candid

DECEMBER 20, 2023

This includes creating an annual operating budget , a document that breaks down your organization’s revenue, or the money you’ll bring in, and expenses, or the money going out to cover your costs, for each fiscal year. In this guide, we’ll walk through four essential steps to build an operating budget for your new nonprofit.

Budget 109

Budget Strategic Plan Nonprofit Goals 109

Blackbaud

MAY 27, 2024

It’s budget season, and the spreadsheet chaos has begun. You want to document your process to save yourself valuable time next budget season. You want to be able to easily report on budgets in a variety of accurate, clear ways without too much fuss, and know what was approved versus what’s been modified.

Budget 59

Budget Software Funding Utilities 59

Blackbaud

FEBRUARY 4, 2025

QuickBooks is depreciating the tags functionality in their accounting software starting March 8. If your nonprofit has chosen to use the tagging feature in QuickBooks to help identify your restricted revenue, this means you will be juggling even more spreadsheets outside of your software. There is a better way.

Software 74

Software Nonprofit Finance Management 74

Blackbaud

MARCH 21, 2024

Any major project—such as implementing new fund accounting software—needs a well-developed charter to keep stakeholders focused on the goals and desired outcome. A project charter is a brief, formal document that concisely articulates the essential details of the project, such as its purpose, scope, goals, and contributors.

Software 111

Software Funding Metrics Goals 111

Blackbaud

APRIL 2, 2024

With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards.

Indirect Cost 115

Indirect Cost Indirect Software Funding 115

DoJiggy

FEBRUARY 18, 2025

Increased Efficiency Using event management software can streamline tedious processes such as ticketing, sponsorship coordination, and communication with supporters. Real-Time Updates: Event software can send reminders to attendees or update them about schedule changes. Pricing models that suit your budget, such as our free option.

Software 78

Software Training Fundraising Goals 78

GrantNews

JANUARY 9, 2025

Unfeasible Budget: The higher the funding amount, the more stringent the rules. Writing Needs Improvement: If writing is not your thing, you might consider using a software program. Missing Items: Have all documentation ready and attached before you submit. Go over your books with care and be sure every penny is accounted for.

Applicant 65

Applicant Application Grant Grants 65

Allied Grant Writers

DECEMBER 25, 2024

Key elements of grant guidelines may include: Eligibility criteria (who can apply) Project scope and objectives Required documents (e.g., Budget Details how funding should be allocated. This section outlines the essential elements of a grant proposal and offers valuable insights into crafting a persuasive document.

Grant Writing 52

Grant Writing Grant Grants Indirect Cost 52

Blackbaud

MAY 3, 2024

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. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

Funding 104

Funding Budget Software Grant 104

GiveSmart

MARCH 20, 2025

Budget: Typical expenses for renting a golf course include booking fees, a green fee per participating golfer, catering, snacks, beverages, golf cart rentals, and, sometimes, a st affing fee. Charity golf tournament software works as a centralized planning system. Given your nonprofit status, try to negotiate down fees and costs.

Fundraising 52

Fundraising Software Donation Procurement 52

Blackbaud

NOVEMBER 8, 2023

Identify a place to store documentation, including applications and relevant policies, in a place where everyone has access, such as within the grant record within your fund accounting software or a cloud storage tool. Make these documents available to all stakeholders so everyone can reference them as needed.

Government 116

Government Indirect Cost Indirect Grant 116

Peak Proposals

APRIL 3, 2023

Grant proposals have at least two parts: the project narrative and the budget (aka cost proposal). There may not be a division of responsibilities between the cost and narrative proposals at a small nonprofit, leaving the project lead (or the grant writer) to both write the proposal narrative and prepare the budget.

Budget 69

Budget Grant Grants Proposal 69

Greater Giving

SEPTEMBER 19, 2024

The planning document that serves as the backbone for financial sustainability—and by extension, successful growth—is your nonprofit’s annual operating budget. To help you get started with nonprofit budgeting , this guide will outline three essential steps for creating a sustainable operating budget: 1.

Budget 52

Budget Nonprofit Utilities Funding 52

DoJiggy

JANUARY 8, 2025

Event Management Software can simplify ticketing, registrations, and event promotion. Here are some tips to keep your finances organized: Set a Budget Determine the costs of your event, including venue, marketing, supplies, and any other expenses. A clear budget prevents overspending and ensures profitability.

Fundraising 52

Fundraising Donation Management Goals 52

Blackbaud

APRIL 23, 2024

To mitigate risk throughout your grant cycle, you need to know your grantees through relationships and documentation, support their internal controls, and set up a process for whistleblower complaints. Mitigate Risks by Knowing Your Grantees The more you know about your grantees, the better decisions you can make.

Grant 111

Grant Grants Policy Policies 111

GiveSmart

MARCH 21, 2024

If you’re planning a fundraiser, you’ll need a good budget. A fundraising budget plan is essential to maximizing your profit margins and collecting more funds for your cause. Large, lavish in-person events will naturally need bigger budgets than intimate ones or virtual or hybrid events.

Budget 52

Budget Fundraising Insurance Insurance 52

Blackbaud

FEBRUARY 12, 2024

With an accounting system designed to manage and track balances by fund and subfund across fiscal years and with supported documentation, you can minimize risk by making nonprofit compliance a streamlined process. Here are four ways that accounting software built for nonprofits helps you improve your compliance processes.

Software 97

Software Grant Grants Nonprofit 97

Blackbaud

JULY 8, 2024

Strong endowment management and documented processes help you track—and adhere to—donor intent and prohibit the organization from spending down the original corpus unintentionally. This streamlined document management also helps with business continuity. You can also set spending controls that prevent a fund from going over budget.

Management 98

Management Funding Finance Software 98

Grant Writing Made Easy

MAY 1, 2024

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

Budget 52

Budget Grant Writing AI Utilities 52

Bonterra

JUNE 25, 2024

Medical grants software Medical grants software Bonterra's grantmaking software makes it faster and easier for you to process approvals for medical education, research grants, and expanded access programs. Speed up the application review, approval, and drug shipment process for program administrators.

Software 52

Software Grant Grants Grant Management Software 52

Blackbaud

AUGUST 12, 2024

In a perfect world, your budget will always be balanced. How to do it Pull a list of your income sources from your accounting system or fundraising software. Use fund accounting software that can handle multiple funds and sub-funds. You will always get the grant and donors will never churn.

Management 98

Management Policy Policies Budget 98

DH Leonard Consulting & Grant Writing Services

SEPTEMBER 23, 2022

Grant management requires keeping track of multiple moving parts, including deadlines, points of contact, unique application requirements, financial reports, and other documents that vary by grant. . In this post, we will explore four software tools your nonprofit can leverage to better manage your ongoing grant applications: Your CRM.

Grant Management 52

Grant Management Software Management Grant Management Software 52

Get Fully Funded

JUNE 5, 2023

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. This means that when someone donates online, that information automatically transfers from your Donor Management software to your accounting software.

IT 98

IT Budget Nonprofit Software 98

Qgiv

MAY 15, 2023

Not everyone can be a math genius, but when you’re using a fundraising event budget template, you don’t have to be. Hosting an event requires your organization to do a lot of research and planning, but using a budgeting template can ease some of the stress of your staff.

Template 52

Template Budget Fundraising Utilities 52

Blackbaud

NOVEMBER 6, 2023

Now, your technology and software needs evolve fast, and you can’t be tied to a system that can’t change with you. As technology and the times have changed, you now can be more flexible and utilize integrations and partners to expand your current software to meet your changing needs. Customization without the price tag.

Funding 104

Funding Software Finance Utilities 104

Candid

NOVEMBER 8, 2022

The Moderating Effect of Mission Statement Polarity on Performance , we used a package in the statistical software R Studio to measure the emotional polarity of the 200 mission statements. We then compared that emotional polarity score with the organizations’ financial data from the 990 tax documents. For our first project,?

Donation 137

Donation Nonprofit Budget Metrics 137

Get Fully Funded

FEBRUARY 22, 2022

As the costs add up, you might be asking: How much of a nonprofit’s annual budget should be spent on administrative tasks and fundraising? Look at it this way: If you’re not spending at least 15% of your budget on fundraising, you may be standing in the way of your own success. You may find yourself spending money on the tech tools.

Fundraising 132

Fundraising Budget Nonprofit Indirect 132

Ann Green's Nonprofit

FEBRUARY 8, 2024

While boosting the quality of donors’ experiences can be easier said than done, making a small change like switching to digital waiver software can have significant, unexpected impacts. In this guide, we’ll explore how to use your waivers to build stronger relationships with your donors. Offer accessible, convenient waivers.

Retainer 173

Retainer Donation Demographics Budget 173

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Lead a Revenue-Wise Strategy Session As a financial leader, you touch all areas of your nonprofit organization through budgeting, forecasting, and expense management. Document any processes you don’t already have highlighted.

Indirect Cost 105

Indirect Cost Indirect Finance Government 105

Qgiv

FEBRUARY 15, 2023

Not only must you replace staff members who leave (assuming you have budget to do so), but you also lose knowledge about your organization as staff walks out the door. One effective approach is to emphasize software training. But making software training a central part of how your organization operates is easier than you might think.

Training 52

Training Software Conference Consulting 52

AmpliFund

SEPTEMBER 29, 2023

It’s when you gather all documentation you’ve created during the life of the award to be compliant with reporting requirements and ensure all expenditures are accounted for. Properly storing documents and staying on top of deadlines through the lifecycle of your award creates a strong foundation for closeout.

Award 56

Award Amplifund Grant Management Budget 56

Qgiv

NOVEMBER 13, 2024

Determining the auction budget. To set an accurate budget for this event, assess past event budgets for similar experiences. To set an accurate budget for this event, assess past event budgets for similar experiences. The characteristics of your planning committee will vary depending on your organization’s size.

Procurement 52

Procurement Media CRM Fundraising 52

Assel Grant Services

MARCH 10, 2024

Staying on top of your grant projects doesn’t necessarily require fancy software or the newest technology. Within each year’s subfolder, create folders labeled application , budget, attachment , correspondence , and reporting. As you develop or receive documents, they can be saved in folders accordingly for easy access.

GPC 81

GPC Letter Of Intent Grant Readiness Readiness 81

GrantNews

JANUARY 16, 2024

Unrealistic Budget: The higher the funding amount, the more stringent the rules. Poor Quality of Writing: If writing is not your thing, you might consider using a software program to help shape your content or even a grant writer. Missing Items: Have all documentation ready and attached before you submit.

Applicant 98

Applicant Application Grant Grants 98

Get Fully Funded

MAY 8, 2023

Accounting Software It might feel premature to put accounting software into place when you’re just starting out. If you start out with Quickbooks or another high-quality accounting software and put the proper line items and accounts into place, it will save you or your bookkeeper hours and hours of stressful work later.

Nonprofit 122

Nonprofit Calendar Software Applicant 122

Peak Proposals

JANUARY 28, 2021

A database eliminates this time-consuming step of documenting your search results. If you want the software to also include functions such as the ability to store proposal drafts and submissions and track post-award activities, these preferences will point you toward a select number of databases that offer these features.

Budget 52

Budget Grantstation Instrumentl Grant 52

Blackbaud

DECEMBER 22, 2023

10 Considerations for Creating a Budgeting Process by Carrie Watkins, Blackbaud In addition to reviewing and updating your nonprofit operating budget each year, your financial team should also regularly evaluate your process for creating that document. Be sure you’re looking for these 9 things.

Budget 64

Budget Ethics Proposal Software 64