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Understanding the Grant Lifecycle: Info for Nonprofits

Blackbaud

Important activities: Gather necessary documents, develop narratives, build budgets, and secure internal approvals. That way, everyone has the same information, and no one is left wondering about grant specifics or budget details. Objective: Monitor grant progress, manage budgets, and ensure compliance throughout the grant period.

Grants 71
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Grant Distribution Best Practices: 5 Tips for Funders

Blackbaud

Consider creating reporting dashboards that clearly display key metrics. These can include disbursement timelines, budget allocation, and project progress. For instance, you could share budgeting templates, provide a referral to a financial advisor, or recommend attending a workshop on managing large-scale funding.

Grants 59
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Planned Giving Analytics: Right Tool, Right Scale

Planned Giving

Some nonprofits are exploring $10,000+ analytics platforms for planned giving—a significant investment for already-stretched budgets—complete with dashboards, donor heatmaps, and predictive scoring tools—”intelligence tools” as they are called. ” The language is impressive. You’re Not Running Amazon.

Metrics 52
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Stewardship Reporting Best Practices for Finance Teams: Tips for Showing Donor Impact 

Blackbaud

If your community outreach programs are grant-funded, your funder likely requires you to report key metrics like the number of individuals served or how you were able to expand your programs into new areas. For instance, a dashboard showing ROI metrics for each program helps fundraisers answer donor questions on the spot.

Finance 52
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Does your nonprofit mission statement drive donations?

Candid

We also downloaded their IRS Form 990s?from from 2016–2018 and added a number of financial metrics to the spreadsheet. If your organization’s annual budget is less than $1 million, make the tone of your mission statement as positive as possible.

Donation 137
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Nonprofit Accountant vs. Fractional CFO: The Key Differences

Blackbaud

Analyzing budgets. Your accountant will use your recorded financial data to review your nonprofit’s annual operating budget and suggest revisions before it goes to your board for final approval. They’ll also perform budget vs. actual comparisons throughout the year to help keep your organization’s spending and fundraising on track.

Finance 105
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CRM Software for Nonprofits vs. Fundraising Platforms: The Essential Breakdown

CauseVox

Download Our Free Guide To Nonprofit CRMs. For small or midsize nonprofits, that can stretch your budget thin. Real-Time Analytics : Monitor campaign performance, donor retention, and engagement metrics without switching tools. You’ve got a nonprofit CRM. On paper, it sounds like you’re set.

CRM 58