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Nonprofit Budgeting and Forecasting Made Easy with Fund Accounting Software

Blackbaud

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
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Don’t Leave Money on the Table — Maximizing Your Budget for Your Fiscal Year-End

GiveSmart

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
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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

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 91
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How a Project Charter Can Help You Have a Successful Fund Accounting Software Implementation

Blackbaud

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. Goals and Metrics What does success look like?

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

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 97
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Grant Writing Mistake Part 5: Constantly Changing Data

Millionaire Grant Lady

Millionaire Grant Lady and Associates has helped nonprofits earn more than $100 million in funding. As we have worked with nonprofits, some of those nonprofits love to delve into data and constantly adjust goals and metrics, and other nonprofits need more guidance about how to structure their goals to be data-driven.

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Foundation Grants for Nonprofit Organizations: Your Path to Funding Excellence

Allied Grant Writers

They provide essential funding that helps these organizations execute their missions, develop programs, and serve their communities. Here is a breakdown of how grants impact nonprofit organizations: Impact Area Description Financial Stability Grants offer critical funding to sustain and grow operations.

Funding 52