Blackbaud

AUGUST 20, 2024

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. They will discuss the importance of having both your development and finances teams involved in donor stewardship. Reporting is a key part of any finance professional’s role.

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Finance AI Federal Grants Indirect Cost 105

Blackbaud

JANUARY 24, 2025

It helps you better understand your donors, keep them engaged, and work more efficiently with your finance, marketing, programs, and leadership teams. Integrating finance and fundraising makes reconciliation easier and helps improve donor stewardship. Volunteer management platforms: Keep all your volunteer information in one place.

CRM 95

CRM Software Nonprofit Readiness 95

Candid

MARCH 25, 2024

But before you start seeking a grant, ask yourself: Is your organization really ready? Before you get started Here are some basics you should be aware of before applying for grants: First, getting a grant is a labor- and time-intensive process. You may need to present your overall operating budget and audited financial statements.

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Grant Readiness Readiness Grants Grant 105

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.

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Grants Grant Proposal Application 113

Blackbaud

MAY 23, 2024

Before agreeing to take on federal funding, your organization should thoroughly understand the financial implications, including how funds will need to be tracked, how staff and contractor time and effort will need to be recorded, what program costs are allowable , and how they will be communicated and tracked with program staff and finance staff.

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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.

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Finance Budget Indirect Cost Indirect 119

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 91

Budget Grants Grant Proposal 91

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.

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Budget Grants Grant Proposal 69

Assel Grant Services

DECEMBER 8, 2024

While board members play an important role in assuring agency finances and grant funds are treated ethically, they are also partially responsible for resource development that is, ensuring their organization has the resources needed to fulfill its mission. Understand the issues that could impact their nonprofit agencys finances (e.g.,

GPC 40

GPC Grant Writing Indirect Cost Ethics 40

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?

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Budget Software Funding Utilities 59

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. Tip 10: Make sure everyone understands the reporting cadence and process for tracking the budgets vs actual, reviewing invoices, and indirect cost monitoring.

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Government Indirect Cost Indirect Grants 116

The Fundraising Coach

JANUARY 17, 2025

From tight budgets to limited staffing, these hurdles can make even the simplest event feel overwhelming. Budget Constraints Tight finances can make it difficult to secure venues, hire vendors, and provide high-quality experiences for attendees. A refreshed team performs better and creates a more positive atmosphere.

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Budget Burnout Transportation Utilities 52

Blackbaud

FEBRUARY 4, 2025

The first thing you should do as a finance professional is audit your spreadsheets because you dont know how adept your people, or predecessors, are at Excel. Avoid being a bottleneck when your programs team need an update on how much budget is left on a specific grant. Do a spreadsheet audit at least once a year.

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Software Nonprofit Finance Management 74

Grant Professionals Association

JUNE 13, 2023

Is your organization grant-ready? When it comes down to it, grant readiness comes from preparation in three main areas: Resources, Collaboration, and Alignment. Grant readiness and effective grant stewardship takes collaboration at all levels. Are your budgets up to date? COLLABORATION: Get Your Team on Board.

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Grant Readiness Readiness Grants Grant 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

Just Write Grants

SEPTEMBER 6, 2023

Whether it's assembling a new wardrobe, setting up a study schedule, or even just organizing that backpack, getting ready for the academic year ahead is more than a chore - it's a ritual. With our digital school bells ringing, it's time to attend a masterclass in nonprofit finance. Think of this as your vocabulary list for the year.

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Finance Liability Organizational Budget Budget 52

Allied Grant Writers

DECEMBER 25, 2024

Budget Details how funding should be allocated. Budget A detailed account of the financial resources needed, including direct and indirect costs. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants. Objectives Outlines the goals the grant aims to achieve.

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Grant Writing Grants Grant Indirect Cost 52

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

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.

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Management Pass-Through Budget Demographics 97

DoJiggy

JANUARY 8, 2025

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. Track Income and Expenses Financial software like QuickBooks can be used to monitor transactions.

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

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Funding Budget Software Grants 104

Tech Soup

MARCH 12, 2013

Whether you're planning some spring cleaning around your budget or preparing for tax season, there are an assortment of mobile apps to help you stay organized. You can use these apps in conjunction with the desktop software to help you stay on top of your organization's finances. Financial and Accounting Tools. More Resources.

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Finance Readiness Software Budget 36

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?

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AI Software Budget Conference 105

Assel Grant Services

OCTOBER 6, 2024

As a result, evaluation costs fluctuate, and the conventional guidance to devote 10% of the program budget to evaluation isn’t always accurate, at least for federal grant programs. There are three primary factors that influence the evaluation budget: program, evaluation design, and reporting/dissemination.

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Budget Grants Grant Federal Grants 40

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

Grant Consulting Services

MARCH 26, 2023

Grant optimization and readiness helps you determine if your organization is eligible and helps prepare your organization to start applying for grant funding. In order to make sure our clients are as ready as possible to apply to potential grantmakers based on their requirements we have to first assess. What is Grant Optimization?

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Readiness Grants Grant Instrumentl 40

Blackbaud

APRIL 2, 2024

Managing your grants within your fund accounting system will allow you to budget by grant, report on budget vs actuals, and review grant activity, so you can quickly and easily answer these questions. 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

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.

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Management Policy Policies Budget 98

Get Fully Funded

JULY 27, 2021

You don’t have to wait until your fundraising for this year’s operation budget is 100 percent covered to start conversations about what’s next. Think about the personal finance advice professionals dole out. That way, when the future arrives, you are ready. In personal finance, this is your emergency fund or rainy day fund.

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Funding Finance Goals Budget 119

Blackbaud

APRIL 10, 2024

For example, if the organization incurs an expense for a purpose covered by a restricted donation, the finance team needs to be able to identify what, if any, restricted fund balance exists, and then, in addition to recording the expense, also do a release from restrictions to cover that single expense.

Funding 111

Funding Management Software Finance 111

Candid

APRIL 14, 2021

Ideas for fundraising allies include: Program, operations, finance, and admin staff. Prospect research—don’t have the budget for prospect research software? If your team isn’t ready to make the ask, have them start by being in the (Zoom) room. Faith and community leaders. Current donors and volunteers. Right-size your strategy.

CRM 105

CRM Finance Retainer Management 105

Blackbaud

SEPTEMBER 28, 2023

Upload the grant guidelines and budget worksheets so they are at your fingertips any time you have a question. Budget and forecast across all programs. But running—and re-running— budget scenarios and forecasts throughout the year can keep you from feeling flat-footed during a crisis for your community.

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Funding Award Budget Pass-Through 97

Blackbaud

NOVEMBER 30, 2023

The key is to begin, said Linton Myers, Director of Innovation and Incubation at Blackbaud, and keep trying, even if the first attempt is not a slam-dunk. “Risk-averse leaders look at failures as a time loss, resource loss, or budget loss,” Myers said. Now You’re Ready to Start Small Pinpoint your first step toward innovation.

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Nonprofit AI Goals Readiness 115

Blackbaud

FEBRUARY 12, 2024

With these restrictions already noted and documented on your subfund record, you don’t have to worry about manually entering them each year and can run better budgeting scenarios. If you are ready for an accounting system built for your needs as a nonprofit organization, check out Blackbaud Financial Edge NXT.

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Software Grants Grant Nonprofit 96

Blackbaud

FEBRUARY 15, 2024

If you’re ready to make a plan to retain your volunteers, start with these six tips. If a volunteer is an accountant, suggest their designation be in the finance department. If the budget permits, allow guests. If there’s no budget for an event, each department could record a video message about why volunteers are valuable.

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Retainer Policy Policies Training 111

CauseVox

JANUARY 3, 2025

Are you ready to create a great fundraising plan? Follow these 11 must-do steps to ensure your fundraising plan is ready. Reflect on Your Past Finances Before you start putting together a fundraising plan for the upcoming year, take a moment to reflect on last year as a whole. Theres no time like the present to get started.

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Fundraising Calendar Engineering Nonprofit 91

Grant Writing Made Easy

OCTOBER 30, 2022

5: Keep your finances in order. I get more questions about budgets and nonprofit financial information than any other component of grant writing. And while it may seem intimidating at first, it doesn’t have to be any more complicated than reaching out with an email or a phone call and introducing yourself.

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