The Chronicle of Philanthropy

NOVEMBER 20, 2024

With revenues down and costs rising, a growing number of nonprofits are cutting budgets, laying off staff, and even closing their doors. By Jim Rendon With revenues down and costs rising, a growing number of nonprofits are cutting budgets, laying off staff, and even closing their doors.

Funding 119

Funding Budget Nonprofit 119

Greater Giving

JULY 23, 2024

Pro Tips for Live Auction Success on a Budget Storytelling is Key: Craft a compelling narrative for each item, highlighting the unique experience it offers. The post Big Impact, Small Budget: Live Auction Ideas for Small Nonprofits appeared first on Greater Giving Blog. Live auctions don’t have to break the bank.

Budget 100

Budget Pass-Through Transportation Nonprofit 100

Blackbaud

APRIL 2, 2024

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

Indirect Cost 97

Indirect Cost Indirect Funding Software 97

GrantNews

AUGUST 5, 2024

Receiving grant funding can be incredibly rewarding! With a grant listing service like GrantWatch, you can explore a diverse array of grant funding opportunities, catering to individuals, businesses, and nonprofits alike. Let’s take a peek at the exciting world of grant funding and discover how to make the most of it!

Funding 107

Funding Grants Grant Applicant 107

GrantNews

MAY 24, 2024

When discussing grants, it is important to consider the various types of funding sources that provide them. While the government is a commonly known funding source, it actually accounts for less than 30% of all grants. In response, GrantWatch provides information to identify the five main types of grant funding sources.

Funding 115

Funding Grants Grant Federal Grants 115

Blackbaud

APRIL 8, 2024

All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds? What are Unrestricted Funds?

Funding 94

Funding Indirect Cost Pass-Through Donation 94

Clairification

JULY 18, 2024

Studies show over 88% of all funds raised come from just 12% of donors. With staff cut back and budgets diminished, you need to target your resources wisely.

Nonprofit 265

Nonprofit Budget Fundraising Goals 265

NonProfit PRO

OCTOBER 18, 2023

Download this fund accounting software guide to understand key core functionality; like GL, budgeting, fund tracking, grant administration, AP, AR, reporting, etc., Use it as an explainer for navigating the features, implementation process, and ways to get the most out of fund accounting software long-term.

Software 98

Software Funding Budget Grants 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. Understanding where your funds go and how they come in allows you to make better decisions that benefit your bottom line and streamline your financial close-out once the fiscal year-end comes around.

Budget 85

Budget Finance Calendar Software 85

Blackbaud

DECEMBER 5, 2024

Grants are an integral lifeline for many nonprofits, providing the necessary funding to launch new initiatives, sustain critical programs, and ensure operational stability. Why Diversifying Your Funding Is Essential With nearly 2 million nonprofit organizations in the United States, the competition for funding from all sources is stiff.

Funding 80

Funding Grants Grant Fundraising 80

GrantNews

SEPTEMBER 25, 2024

Homeowners associations (HOA) are the lifeblood of many communities, managing everything from maintenance to amenities with funds primarily derived from member assessments. Why Grants Matter for HOAs Grants provide a valuable opportunity for HOAs to secure additional funding without increasing fees or depleting reserves.

Funding 111

Funding Grants Grant Applicant 111

Blackbaud

MAY 3, 2024

With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. And with that form of funding comes significant compliance requirements. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

Funding 81

Funding Budget Software Grants 81

Lightning Fast Grant Writing

NOVEMBER 16, 2023

This is their chance to define a specific project they would like to see funded. You can always take advantage of the funder information storage features of your grant research funding software. The first thing to do is to ask all your management-level staff to fill out the project innovator form.

Strategic Plan 230

Strategic Plan Grant Writing Budget Grants 230

Blackbaud

APRIL 10, 2024

You know how important it is to manage your funds according to their purpose and source. Or do you have to rely on manual workarounds, spreadsheets, and guesswork to track and report on your restricted funds? Without fund accounting software, tracking at that level of detail must be done manually outside the system.

Funding 98

Funding Management Software Finance 98

Grant Writer Team

NOVEMBER 14, 2024

Mastering your projected budget does not have to be as difficult as you might think. Nonprofits need a projected annual budget for transparency, especially if grant funding is needed. Nonprofits seeking grant funding need to provide an annual budget to the funding source. QuickBooks, Excel, etc.).

Budget 52

Budget Goals Grants Grant 52

The Chronicle of Philanthropy

MARCH 20, 2024

Ninety-two percent of organizations — including mine — have budgets of less than $1 million and know what their communities need most. But Scott and others make it impossible for us to get needed funds. But Scott and others make it impossible for us to get needed funds.

Budget 136

Budget Funding Nonprofit IT 136

Strategic Grants

MARCH 20, 2024

When a funder invites your organisation to reapply year on year for project funding, it shows you’re a trusted partner. By submitting robust and transparent funding reports complete with outcomes data, full expenditure breakdown and comprehensive project delivery details. The result?

Funding 85

Funding Grants Grant Proposal 85

Candid

JANUARY 4, 2023

Pledges were made to reduce barriers, shift power, and engage in more equitable funding practices. The information gathered through Demographics via Candid will also contribute to a universal picture of the sector and how it is working to encourage more equitable funding practices. Partnering to advance equitable funding practices.

Demographics 111

Demographics Funding Grant Management Budget 111

Ann Green's Nonprofit

FEBRUARY 1, 2024

If you don’t have the budget to send cards to everyone, send them to your most valuable donors. If your budget doesn’t allow you to mail handwritten cards, is there a way you can change that? You could also look for additional sources of unrestricted funding to cover cards and postage.

Budget 289

Budget Electronics Donation Media 289

The Chronicle of Philanthropy

JANUARY 17, 2023

The grant maker predicts its annual grant budget will grow to $9 billion by 2026.

Funding 111

Funding Budget Grants Grant 111

Ann Green's Nonprofit

NOVEMBER 26, 2024

You’ll create strategic plans, brainstorm new projects and programs, and organize campaigns to raise the necessary funds to execute your ideas. To build capacity, you not only need to fundraise efficiently but also track and allocate funds to sustain your organization’s operations as it grows. Chief financial officer (CFO).

Finance 146

Finance Policy Policies Nonprofit 146

The Chronicle of Philanthropy

MAY 7, 2024

Ninety-two percent of organizations — including the one I lead — have budgets of less than $1 million and know what their communities need most. But Scott and others make it impossible for us to get needed funds. But Scott and others make it impossible for us to get needed funds.

Budget 126

Budget Funding Nonprofit IT 126

Strategic Grants

MAY 12, 2024

Working closely with hundreds of for-purpose / non-profit organisations, Strategic Grants often assists in navigating the complexities of securing Trusts and Foundations (T&F) funding. Proposal development Writing compelling grant applications and funder proposals is another essential for securing funding from Trusts and Foundations.

Funding 86

Funding Proposal Grant Management Grants 86

Candid

OCTOBER 10, 2024

The data reveals important insights into disparities in leadership, funding, and support. Key facts about nonprofits with Black CEOs and Key facts about nonprofits with majority Black leadership examine these organizations’ budgets, revenue, and subsectors and regions with the highest representation, among other data points.

Budget 22

Budget Nonprofit Burnout Funding 22

RBW Strategy

AUGUST 7, 2024

Whether you are a recipient, pass-through entity, or subrecipient, you have been given the unique responsibility of becoming a steward of federal grant funds. The grant should receive a specific accounting code for tracking, and the approved budget shared with the team so everyone is aware of how the funds should be spent.

Federal Grants 147

Federal Grants Grants Grant Procurement 147

Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Do we have the funds this year to maintain our programs? Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. And what do we do if the answer is “no”?

Finance 100

Finance Budget Indirect Cost Indirect 100

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. Give your project an easily identifiable name, such as Fund Accounting Software Implementation. Are there budget requirements? What is a Project Charter?

Software 95

Software Funding Metrics Goals 95

Pamela Grow

OCTOBER 29, 2023

Pedraza Martinez , University of Notre Dame Most food banks, homeless shelters and other social services nonprofits constantly face hard decisions about how to use their limited funds. How much of their budget is appropriate to spend on new equipment, skilled managers and everything else required for an organization to thrive and endure?

Fundraising 130

Fundraising Budget Nonprofit Management 130

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. AI in fund accounting has the power to drive deeper analysis and increased efficiency across your nonprofit accounting team, with the right safeguards for accuracy and privacy. Not bookkeeping.

AI 85

AI Finance Funding Training 85

GrantNews

SEPTEMBER 30, 2024

To do that, you need to clearly define why your organization needs funding. A host of Nonprofits , Businesses , and Individuals are eligible to apply for grant funding but lack to resources to write the application. This will help assure proper consideration when you submit your grant for funding. How Much is Too Much?

Grants 121

Grants Grant IT Proposal 121

Ann Green's Nonprofit

MAY 6, 2024

A few ways you can use direct mail without breaking your budget are to clean up your mailing lists to avoid costly duplicate mailings, spread thank you mailings throughout the year – perhaps sending something to a small number of donors each month, and look into special nonprofit mailing rates. Don’t skimp on your communications budget.

CRM 159

CRM Budget Template Media 159

Get Fully Funded

MARCH 6, 2023

A very common “go-to” funding idea for small nonprofits is fundraising events. You don’t want to spend more than you raise, and poor planning can turn an event into a budget buster that wastes your most precious resource – time and volunteers. Tupperware parties, garage sales, and candle fundraisers will not sustain your budget.

Fundraising 130

Fundraising Budget Nonprofit Liability Insurance 130

NonProfit PRO

SEPTEMBER 6, 2023

Nonprofit executives occasionally grapple with a dreaded dilemma: the need to send back grant funds because the organization didn't spend it within the designated budget cycle. Here, I will delve into the intricacies of this budgetary faux pas and offer insights on how nonprofit executives can navigate it effectively.

Grants 111

Grants Grant Budget Nonprofit 111

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

Pamela Grow

OCTOBER 19, 2022

Nonprofits track the amount of funding allocated to different programs, projects, and organizational operations to show stakeholders that they’re using all revenue to further the mission. This section details your nonprofit’s funding sources and how much revenue you bring in from each source.

Liability 147

Liability Nonprofit Funding Budget 147

Get Fully Funded

MAY 24, 2022

To fully fund your nonprofit, you need a diversified fundraising stream. Diversified fundraising revenue creates stability and keeps you from being dependent on one source of funding. Getting your funds from multiple sources is especially important when fundraising for a new nonprofit. Cue the sad music. Moral of the story?

Fundraising 136

Fundraising Nonprofit Funding Grants 136

Pamela Grow

JULY 10, 2024

And a budget for it. Make it a practice to routinely scope out new sources of foundation funding. One that includes realistic goals for grants and corporate support, individual support, program support, and events. Important: Invest in donor stewardship and reliable data. Include new donor acquisition in your plan. Retain staff.

Letter Of Inquiry 278

Letter Of Inquiry Nonprofit Grants Grant 278