Grant Writing Made Easy

AUGUST 3, 2022

At our most recent Grant Writing Made Easy workshop, we did a deep dive into nonprofit program budgets. Of all the topics I teach inside the course, the budget is the one that students have the most anxiety and confusion around. (By Follow this 3-step process for creating nonprofit program budgets. Understand the key terms.

Budget 98

Budget Grant Writing Nonprofit Consulting 98

GiveSmart

NOVEMBER 27, 2023

Managing your annual budget—and multiple budgets within it—is one of the most crucial components of running a nonprofit organization. Learn more about what a nonprofit fiscal year is and how you can arrange your budget to best meet your organization’s financial needs below. What is a Nonprofit Fiscal Year?

Budget 92

Budget Finance Calendar Software 92

Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Analyzing your budget this way also allows you to understand the ROI of each program.

Finance 105

Finance Budget Indirect Cost Indirect 105

Get Fully Funded

OCTOBER 26, 2022

Getting your programs off the ground, ensuring legal compliance, recruiting staff and volunteers, and correctly managing your nonprofit’s finances can be daunting. Events have some of the highest ROIs of any fundraisers, but they require careful planning and room in your budget. Event revenue.

Finance 98

Finance Management Nonprofit CRM 98

Veritus Group

JANUARY 26, 2024

The post Question of the Month: Why do we recommend creating both budget AND aspirational goals? In this Question of the Month video, Jeff and Richard share more about why it's important to have these two different goals in mind. appeared first on Veritus Group.

Budget 109

Budget Goals IT Finance 109

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.

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Budget Grant Writing AI Utilities 52

Blue Avocado

FEBRUARY 4, 2022

And the story of what your organization plans to do in the coming fiscal year is called the budget. Every year, organizations like yours go through the process of creating a budget to be approved by your board of directors. […]. The post Practical Tips for Nonprofit Budgeting appeared first on Blue Avocado.

Budget 92

Budget Nonprofit Finance Management 92

Blue Avocado

NOVEMBER 6, 2023

Is your organization’s CFO ready to put together a grant proposal budget that will make an impact with potential funders? The post The Art of Grant Budgeting: A Guide for Nonprofit CFOs appeared first on Blue Avocado.

Budget 86

Budget Grants Grant Proposal 86

NonProfit PRO

AUGUST 9, 2024

Join us as we discuss how overspending on personnel costs is a challenge for many non-profit finance leaders. You’ll learn how position control can help departments better manage spending, how to develop a position control system for your agency and how to integrate position control within your existing budget.

Finance 92

Finance Budget Nonprofit Management 92

Fundraising HayDay

APRIL 15, 2021

Getting comfortable with understanding and developing program/project budgets is essential for winning grants. Most grant professionals do not have a finance or accounting background, but budget building skills are necessary for every grant proposal. Consider this episode grant budgets for English majors.

Budget 40

Budget Grants Grant Finance 40

Blackbaud

JULY 24, 2024

Having multiple people working on your organization’s finances helps ensure accuracy—not only by delegating tasks efficiently, but also by allowing for additional review of records and reports. What practical steps can we take to get this organization where it needs or wants to be with its finances? Analyzing budgets.

Finance 78

Finance Strategic Plan Budget Nonprofit 78

Blue Avocado

JUNE 27, 2022

There are as many forms of nonprofit budgets as there are forms of organizations. Unlike financial statements, which have some rules and guidelines according to accounting standards, the same level of industry-imposed standardization for budget documents and formats doesn’t really exist. appeared first on Blue Avocado.

Budget 100

Budget Template Nonprofit Finance 100

Blackbaud

JULY 3, 2024

A Director of Finance at a nonprofit shared this sentiment with us during our research on the value of AI in fund accounting. What Do Nonprofit Finance Professionals Want from AI? These finance functions require a high level of accuracy, attention to detail, and analytical skills. The future of nonprofit accounting is analysis.

AI 89

AI Finance Funding Training 89

Grant Writer Team

AUGUST 1, 2024

Managing finances can be daunting for many nonprofit professionals, particularly those new to oversight roles within nonprofit organizations. But what exactly does a nonprofit finance committee do? Read on and explore the role of the finance committee with GrantWriterTeam. Why is it so vital to an organization’s success?

Finance 68

Finance Budget Nonprofit Liability 68

NonProfit PRO

OCTOBER 4, 2024

Overspending on personnel costs is a challenge for many non-profit finance leaders. align with what the budget authorizes and aren’t exceeded. A great way to minimize this risk is to implement position control, a series of linked processes ensuring position characteristics being filled (title, salary, wage, grade and step, etc.)

Finance 52

Finance Budget Nonprofit 52

Blackbaud

SEPTEMBER 19, 2024

Nonprofits use the Statement of Cash Flows in several key ways: Planning and Budgeting: Forecasts cash needs and plans for future expenses. By analyzing cash flows from operating, investing, and financing activities, organizations can identify trends, manage expenses, and make strategic decisions about future initiatives.

Finance 78

Finance Nonprofit Indirect Liability 78

DoJiggy

SEPTEMBER 19, 2024

Nonprofits demand more from managers, especially when it comes to finances. Nonprofit financial management requires greater transparency and increased contingency planning of your budget. Your nonprofit needs to manage its finances responsibly to be prepared for these thin donation times. Your nonprofit budget is also flexible.

Management 52

Management Finance Budget Nonprofit 52

Blackbaud

MAY 28, 2024

Responsibilities such as running the audit, preparing the fiscal year budget, paying bills, telling finance committees what the numbers mean, and identifying what’s at risk are all important. Identify cash reserves , fixed assets, and designated investments to keep the business office ahead of the Finance Committee curve.

Finance 84

Finance Strategic Plan Nonprofit Goals 84

Blackbaud

SEPTEMBER 12, 2024

FINANCE DIRECTOR: Fiscal year-end numbers have not been fully reviewed yet, but recognized revenue from fundraising will be close to $7 million DEVELOPMENT DIRECTOR: What the…?!? Directors of Development and Directors of Finance often find themselves working in a love/hate relationship. FINANCE DIRECTOR: That’s right.

CRM 59

CRM Finance Fundraising Funding 59

Candid

AUGUST 8, 2024

Highlights from the 2024 Nonprofit Compensation Report include insights into the gender pay gap at organizations of different budget sizes, information on median executive compensation of non-CEO executive positions, and compensation based on program area. This includes the top finance, administrative, operations, and development positions.

Budget 59

Budget Engineering Finance Nonprofit 59

Grant Training Center

AUGUST 21, 2023

Project Management Abilities: Grant writing often entails creating project plans, budgets, and timelines. Financial Literacy: Grant writers often work on budget development and financial projections. This financial literacy is relevant to jobs in finance, accounting, and budget management.

Grant Writing 94

Grant Writing Grants Grant Strategic Plan 94

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store.

Indirect Cost 91

Indirect Cost Indirect Finance Government 91

Get Fully Funded

JANUARY 16, 2024

The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission. Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts.

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Policy Policies Finance Budget 52

Blackbaud

AUGUST 12, 2024

Nonprofit financial management also includes the structures and workflows that enable your finance team to operate efficiently and effectively. In a perfect world, your budget will always be balanced. You will always get the grant and donors will never churn.

Management 93

Management Policy Policies Budget 93

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. Your Accounting system should be your # 1 tool in managing your nonprofit’s finances and keeping it financially healthy. The same rule applies to credit cards and loans.

IT 98

IT Budget Nonprofit Software 98

Blackbaud

APRIL 1, 2024

Cybersecurity on a Budget: Leveraging Open-Source Software and Trusted Vendors Presented by Don Rahn, Director of Security Operations, Blackbaud In the high-stakes world of cybersecurity, defending against threats is non-negotiable. But what if your budget doesn’t match the magnitude of the risks?

AI 93

AI Software Budget Conference 93

Not Your Father's Charity

APRIL 27, 2022

One of the most critical responsibilities is overseeing the organization’s finances. Therefore, when searching for a nonprofit board chair, the person has to have an adequate understanding of financial management and experience in overseeing budgets. A nonprofit board chair gets involved in many aspects of the organization.

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Finance Nonprofit Budget Training 130

GiveSmart

OCTOBER 11, 2023

As your finance team is preparing for year-end, with prepping reports and making sure your budget is on track, your donor development and fundraising teams are hard at work, too. While your finance team is buttoning up the reporting and chart of accounts, the rest of your revenue team can take part in a financial check, too.

Finance 97

Finance Retainer Calendar Budget 97

Millionaire Grant Lady

JULY 3, 2024

For example, finance personnel must provide budgets and applicable financial documents, and can help provide cost analysis and other essential services. It might be tempting to think of the responsibility for grant applications as solely belonging to a grant writer, but in reality, many parties contribute to a successful application.

Federal Grants 130

Federal Grants Grant Writing Grants Grant 130

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. Separate budgets and multi-scenario budgets With dynamic funding and multiple lines of service, your budget is never final.

Funding 86

Funding Budget Software Grants 86

Candid

MARCH 25, 2024

One of the first things you need to do, then, is to detail your expenses in a budget and determine what is eligible for grant funding. Therefore, it’s important that your house be in order and that you are prepared to be transparent about your operations, strategy, finances, and staff.

Grant Readiness 101

Grant Readiness Readiness Grants Grant 101

The Fundraising Coach

JULY 29, 2024

Lay out your grant budget. Work with your finance team to create a realistic budget and break it down for the grantmaker in your proposal. She has an MBA from University of Texas at Austin and a Finance degree from University of Illinois. Create headers and subheaders for all the sections you need to cover.

Grants 52

Grants Grant Federal Grants Proposal 52

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 Grants Grant Proposal 69

Grant Professionals Association

OCTOBER 9, 2024

The budget portion of grants are written based on today’s pricing for funding that may not come to fruition for six months (or longer). The grantee coordinated with the finance department and the grantors to make sure everyone was on the same page. Many of us recall Cuba Gooding’s iconic words in the movie Jerry McGuire.

Ethics 59

Ethics Grants Grant Contracts 59

Grant Professionals Association

JUNE 13, 2023

Finance: Have you established accounting codes that correspond with your fundraising areas? Are your budgets up to date? Every grantmaker will ask for different materials, so being prepared to supply information about your organization. How does grant funding play into the greater financial picture for your organization?

Grant Readiness 52

Grant Readiness Readiness Grants Grant 52

Candid

MARCH 5, 2024

First, draw up a budget to determine precisely how much money you need to raise for your programs, including the costs of equipment, physical space, and/or personnel. Make sure it matches your budget and identifies who is responsible for securing which sources of support, and on what timeline.

Nonprofit 88

Nonprofit Budget Finance Fundraising 88

Strategic Grants

OCTOBER 29, 2023

Systemic changes Efficiency KPIs Requires information about how well you are using your resources (whether that’s staff, finances etc.). Budget – The amount being requested should be an accurate figure that correlates exactly with the figures within your budget that is provided later in the form. Staff retention d.

Applicant 59

Applicant Application Budget Policies 59