Blackbaud

MARCH 3, 2025

Your ultimate goal is to channel as many resources as possible toward your mission. But how do you justify spending money on a budgeting tool instead of supplies for an after-school program? Here are a few considerations when advocating for technology investments in your accounting and finance departments.

Finance 78

Finance Strategic Plan Proposal Goals 78

Veritus Group

JANUARY 26, 2024

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. The post Question of the Month: Why do we recommend creating both budget AND aspirational goals? appeared first on Veritus Group.

Budget 111

Budget Goals IT Finance 111

GrantNews

DECEMBER 11, 2024

Private foundations Community foundations Corporations State Government Local Government Federal Government Pro Tip: If your organization is small (budget under $1 million), new (in existence for less than five years), or has never received a grant larger than $45,000, smaller foundations will be your best funding sources.

Grant 113

Grant Grants Proposal Applicant 113

Blackbaud

MAY 6, 2024

Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put it together. But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy.

Budget 118

Budget Strategic Plan Finance Insurance 118

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 119

Finance Budget Indirect Cost Indirect 119

Get Fully Funded

MARCH 20, 2023

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. Without a budget, you can find yourself in deep water, fast, with more money going out than coming in.

Budget 98

Budget Finance Software Liability 98

Blackbaud

DECEMBER 30, 2024

Coffman stated in their GuideStar article : Theres no question that nonprofit organizations have an obligation to manage their finances responsibly. Unfortunately, philanthropies are typically (and problematically) judged by the first two criteria. As Chuck McLean and Suzanne E.

Metrics 111

Metrics Finance Management Goals 111

Blackbaud

JANUARY 14, 2025

While you may be aware on a general level that your CRM platform is becoming a headwind to your organization achieving its fundraising goals, the prospect of migrating vast amounts of data, retraining staff, and committing the money and resources required for a successful upgrade can make it tempting to say, Lets make do for another year.

CRM 105

CRM Readiness AI Management 105

Veritus Group

MAY 8, 2024

We recommend setting an aspirational goal that will help you imagine the possibility of asking for a larger gift. The post Do You Need Both Revenue AND Aspirational Goals in Major Gifts? appeared first on Veritus Group.

Goals 109

Goals Budget Finance Fundraising 109

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. Begin by defining some goals, and then consider how you’ll go about accomplishing them. This solution can help save finances while ensuring you have an expert on your team.

Finance 98

Finance Management Nonprofit CRM 98

Blackbaud

MARCH 31, 2025

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. Consider creating reporting dashboards that clearly display key metrics.

Grant 54

Grant Grants Grant Management Award 54

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

Allied Grant Writers

DECEMBER 26, 2024

Articulate Goals : Clearly outline the project’s goals and the impact it will have on the community or art form. Provide a Budget : Include a detailed budget that outlines how grant money will be used. Detailed Budget Shows understanding of costs and financial planning. Below is a sample budget template.

Grant 52

Grant Grants Grant Writing Applicant 52

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 105

Finance Strategic Plan Budget Nonprofit 105

Blackbaud

FEBRUARY 14, 2025

Budget Line Item for Reserves: Include a specific line item in the budget dedicated to contributing to the operating reserves. Multi-Year Capital Budgets: Incorporate reserve contributions into multi-year capital budgets to ensure consistent replenishment over time.

Management 101

Management Policy Policies Budget 101

Blue Avocado

DECEMBER 17, 2024

Nonprofit Grant Proposal Budget Calculations: A Road Map Whats the best way to make your nonprofits budget stand out on a grant application? Finance Once your nonprofit or private foundation is tax-exempt, you never have to deal with the IRS again, right? Simple acts can have a big impact on the community!

Budget 74

Budget Finance Burnout Grant 74

Allied Grant Writers

DECEMBER 25, 2024

Businesses Small businesses and startups can obtain grants to finance new projects, conduct research, or expand operations, often helping them gain a competitive edge in the market. This includes evaluating the merit of the proposal, budget, and overall alignment with the funding source’s objectives.

Grant Writing 52

Grant Writing Grant Grants Budget 52

Allied Grant Writers

DECEMBER 25, 2024

Well-articulated grant proposals demonstrate an applicant’s understanding of the project’s goals, budget implications, and anticipated impact. Clear Objectives and Goals A successful grant proposal must articulate clear and concise objectives and goals.

Grant Writing 52

Grant Writing Proposal Grant Grants 52

The Fundraising Coach

JANUARY 17, 2025

From tight budgets to limited staffing, these hurdles can make even the simplest event feel overwhelming. By understanding the most common obstacles and how to overcome them, your nonprofit can host events that not only meet your goals but also inspire and engage your community. Group discounts can also inspire more people to attend.

Budget 52

Budget Burnout Transportation Utilities 52

GiveSmart

MAY 8, 2024

While working towards accomplishing your organization’s mission, development and finance teams have different timelines and metrics. Executive directors are responsible for bridging the gap and promoting collaboration between finance and development teams.

Finance 52

Finance Strategic Plan Budget Software 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. Ultimately, the Builder’s goal is to enable the organization to control its mission destiny—at least over those matters that it can control.

Finance 103

Finance Strategic Plan Nonprofit Goals 103

Allied Grant Writers

DECEMBER 25, 2024

To effectively research grant opportunities, individuals should consider the following steps: Identify potential funding sources that align with their organizations mission or project goals. Objectives Outlines the goals the grant aims to achieve. Budget Details how funding should be allocated.

Grant Writing 52

Grant Writing Grant Grants Indirect Cost 52

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? And you need to be able to show your organization financial progress toward its strategic goals. The future of nonprofit accounting is analysis.

AI 105

AI Finance Funding Training 105

Blackbaud

NOVEMBER 8, 2023

Relying on core policies that include both finance and program offices improves collaboration because everyone knows what their roles are and where the directive comes from. Make sure everyone knows why you are applying for each grant and what the specific goal is if you get it. Review them regularly against the approved budget.

Government 116

Government Indirect Cost Indirect Grant 116

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. What if it raises more?

Budget 59

Budget Software Funding Utilities 59

DoJiggy

JANUARY 8, 2025

P2P Crowdfunding Auctions Golf Tournaments Online Stores Ticketing Sweepstakes Donations Raffle Fundraising Create a free account and see how we can help your organization smash your fundraising goals! Goals help shape your event and keep your team aligned. A clear budget prevents overspending and ensures profitability.

Fundraising 52

Fundraising Donation Management Goals 52

Just Write Grants

SEPTEMBER 6, 2023

With our digital school bells ringing, it's time to attend a masterclass in nonprofit finance. Organizational Budget : A detailed outline of how a nonprofit plans to earn and spend money over a certain period. It's a roadmap that guides your financial decisions, ensures transparency, and helps you stay focused on your goals.

Finance 52

Finance Liability Organizational Budget Budget 52

Qgiv

JANUARY 8, 2025

Teach kids math and leadership skills: A recent study found that just 18% of high schoolers and 26% of college students said they have a somewhat high or very high knowledge of finance. Planning school fundraisers can make learning about finances fun and relatable. Raffles You can host a raffle at any time and with almost any budget.

Fundraising 98

Fundraising Donation Education Template 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

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 105

Indirect Cost Indirect Finance Government 105

Blackbaud

JULY 22, 2024

Revenue diversity is a good hedge against the unexpected, but diversity alone is not enough when your budget is threatened or dismantled by outside forces. Use budget scenarios to plan for possible outcomes and contingencies. Save time by leveraging your technology so your finance team can focus on strategy, not bookkeeping.

Management 97

Management Pass-Through Budget Demographics 97

Blackbaud

FEBRUARY 5, 2025

Examples include greed, paying off debt, or wanting to meet personal or business goals. Training is critical for all volunteers, especially those who play a role in the finance function. NFPs should discuss with their boards how to budget and implement steps to reduce the risk of fraud in their organizations.

Training 65

Training Finance Funding Electronics 65

Grant Training Center

AUGUST 21, 2023

Project Management Abilities: Grant writing often entails creating project plans, budgets, and timelines. Strategic Thinking: Crafting grant proposals requires strategic thinking to align your organization’s goals with potential funders’ priorities.

Grant Writing 94

Grant Writing Grant Grants Strategic Plan 94

Not Your Father's Charity

APRIL 27, 2022

You want someone who can get everyone on board with the organizational vision and goals. One of the most critical responsibilities is overseeing the organization’s finances. So, they should be someone with experience in finances, handling crises, and making tough decisions. Further, they have to excel at communication.

Finance 130

Finance Nonprofit Budget Training 130

DoJiggy

OCTOBER 29, 2024

Best Free Giving Platforms for Churches Finding a cost-effective solution is crucial for churches mindful of their budgets (and who isn’t?). Pros : Donorbox’s low transaction fees and customizable options make it a great option for churches on a budget. One of the best free options is DoJiggy.

Donation 52

Donation Management Fundraising Budget 52

Greater Giving

DECEMBER 2, 2024

Fundraising Manager Your nonprofit’s fundraising manager or director will oversee all fundraising activities, develop high-level strategies, and ensure that fundraising efforts align with organizational goals. They’ll also need strong writing and communication skills to create proposals and interact with grantmakers.

Fundraising 52

Fundraising Proposal Metrics Procurement 52

Big Fundraising Ideas

JUNE 4, 2024

How to Set Realistic Goals for Your School Fundraiser Blog Summary: This blog offers a comprehensive guide for school administrators, teachers, PTA members, and community stakeholders on how to set achievable SMART goals for school fundraisers. The SMART goals framework provides a practical approach to setting these objectives.

Goals 52

Goals Fundraising Metrics Media 52