Greater Giving

SEPTEMBER 19, 2024

Nonprofit leaders set the direction and tone for the entire organization’s operations. For your nonprofit to expand its reach, make a greater impact in the community, and achieve financial sustainability, your leaders need to set clear goals and plan effectively. Properly Categorize Expenses 2. Diversify Your Revenue Streams 3.

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Ann Green's Nonprofit

NOVEMBER 26, 2024

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability. Methodology.

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Greater Giving

JULY 23, 2024

But for smaller nonprofits, securing high-priced items can feel daunting. This blog post will equip you with ten creative live auction ideas perfect for small nonprofits. 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.

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Get Fully Funded

AUGUST 27, 2023

Nonprofit budget. Yet a budget is a critical tool in managing your organization. And way too many small nonprofits operate without one. A nonprofit budget can bring so many positives: Finances are much easier to manage because you know what expenses and revenue to expect. and no organizational budget.

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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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Candid

JUNE 9, 2022

Budgets can be one of the most intimidating aspects of grantseeking and nonprofit management, especially for new projects or organizations—most of us don’t have accounting degrees after all! The good news is that budgets aren’t as complicated as most people fear. What is a proposal project budget? Others include: .

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NonProfit PRO

NOVEMBER 1, 2023

Relying on multiple spreadsheets to manage budgets? Register for this Tuesday, November 14 webinar to learn tips and tricks to streamline fund tracking, data entry, reporting, and workflows for your annual budget. Spending too much time manipulating data?

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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.

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The NonProfit Times

MAY 29, 2024

In a new report, “State Of Nonprofits 2024: What Funders Need To Know,” one-third of nonprofit leaders surveyed say that they are “very much” concerned about their own burnout (33%), and half report that they are more concerned about their burnout now than last year. vice president, research, at CEP, told The NonProfit Times.

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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.

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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!

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GiveSmart

MARCH 21, 2024

If you’re planning a fundraiser, you’ll need a good budget. A fundraising budget plan is essential to maximizing your profit margins and collecting more funds for your cause. Large, lavish in-person events will naturally need bigger budgets than intimate ones or virtual or hybrid events.

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Grants Plus

MAY 17, 2024

When fiscal year budgeting hits full swing, many nonprofits are faced with a common and complex challenge: how to best allocate their limited funds, not only for immediate needs but also for organizational sustainability.

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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?

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Get Fully Funded

FEBRUARY 9, 2021

Organizations are always making miracles happen on tight budgets. So, it’s hard to imagine cutting additional costs at a nonprofit. The best leaders understand two things must happen to sustain a nonprofit: SAVING money and RAISING money. Afterall, nonprofit is your tax status, it shouldn’t be your business model.

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Assel Grant Services

OCTOBER 6, 2024

However, if you can convince donors and funders that your program is effective and efficient, you’ll be more competitive for future funding. Funders have a limited amount of dollars to award and, therefore, want to fund effective projects. The types of data collection strategies and instruments affect the budget.

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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. Alas, there’s one area where way too many nonprofits go astray. ASK — close increasing numbers of transformative major gifts. This is pretty straightforward, right?

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Grant Consulting Services

JUNE 29, 2023

One word: budget. In the land of grantmaking, it’s essential to have a budget in place because grantmakers want to know that your financial situation is reasonable and how you plan on spending the money if awarded. The budget should show potential funders EXACTLY where their funds will be directed. Don’t make stuff up.

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Blackbaud

NOVEMBER 5, 2024

To produce meaningful reports to help you do this, you must track all financial activity and ideally compare it to your budget, or your financial representation of what you think you’ll pursue during the year. There are four core reports, known as financial statements, that nonprofits should create to review financial data and activities.

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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?

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Just Write Grants

JUNE 30, 2023

Most nonprofit professionals would agree that's child's play compared to managing a nonprofit's grant budget. With finite resources and the pressing demand to produce substantial results, extracting every bit of efficacy from your received funds becomes paramount. Let's dive in!

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Allied Grant Writers

OCTOBER 11, 2024

In the world of nonprofit organizations, securing reliable funding is crucial for sustaining and expanding your mission. This comprehensive guide will navigate you through the landscape of nonprofit grants, helping you understand, find, and secure these valuable funding opportunities. Walmart Foundation , Google.org ).

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Peak Proposals

APRIL 3, 2023

Grant proposals have at least two parts: the project narrative and the budget (aka cost proposal). If you work for a large nonprofit, different people may be assigned to work on the narrative and cost proposal, with the two groups getting together periodically throughout the proposal process to ensure the sections are in sync.

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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!

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Sharpshooter Communications

MARCH 15, 2023

We just finished writing the budget for next year and we set an income goal of $680,000 in grants. According to research from the Association for Fundraising Professionals, US nonprofit organizations spend $0.20 Who has received previous funding? What is the likelihood of getting funded based on the history of the grant?

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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. Building on this, our research challenges the conventional wisdom that nonprofits should allocate nearly all of their budget to program costs.

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Grant Writing Made Easy

MAY 28, 2024

Securing funding can often feel like an uphill battle in nonprofits’ fluctuating economic landscape. This blog post delves into practical strategies for nonprofits seeking to enhance their grant writing skills and secure necessary funding during challenging periods.

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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.

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Blackbaud

AUGUST 12, 2024

Smart money moves are vital for nonprofits. You’ve got to use funds wisely, aligning with your mission and honoring donor intentions. But staying financially solid while also being nimble enough to handle surprises like recessions and weather events is hard even for the most seasoned nonprofit.

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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.

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Sharpshooter Communications

MARCH 30, 2023

No matter what your role -- board member, executive director, grant professional, program staff -- you play a part in making sure that your organization is budgeting for grants. Grants may cost more to secure than other types of fundraising, but they are a vital part of the nonprofit's funding mix.

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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.

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Think and Ink Grants

NOVEMBER 30, 2024

Grant writing is a vital skill for local nonprofits seeking funding to support their missions. This blog will explore key strategies and tips to enhance your grant writing skills, helping your organization to secure the funding it deserves. Moreover, understanding the vision and mission of the funding organization is pivotal.

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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.

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Qgiv

MARCH 19, 2024

The backbone of sustainability for nonprofits often falls on the generosity of donors! There are many donor appreciation event ideas that you can take advantage of no matter what your budget is. Why should nonprofits host donor appreciation events? Here are some ideas for small, medium, and large budgets.

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Just Write Grants

JUNE 26, 2024

Turning these dreams into impactful realities often requires funding, and grants can be the key. This comprehensive guide equips you, the champion of a youth initiative, with the knowledge and tools to navigate the world of grant opportunities and secure funding for your program. Budget Brackets: Grants come in various sizes.

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Pamela Grow

JULY 10, 2024

Nonprofits have been concerned about the decreasing number of American donors for years, and the 2023 report reinforces these worries. And a budget for it. I have worked with nonprofit organizations who’ve had – seriously – five development directors in three years! Know your nonprofit’s numbers. declined by 2.1%

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