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%

Letter Of Inquiry 278

Letter Of Inquiry Nonprofit Grant Grants 278

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?

Budget 111

Budget Management Funding 111

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.

Budget 98

Budget Finance Organizational Budget Management 98

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 112

Indirect Cost Indirect Funding Software 112

Ann Green's Nonprofit

FEBRUARY 11, 2025

Diverse revenue streams provide a sustainable financial foundation for nonprofits. Explore revenue streams your nonprofit should pursue in this guide. This is especially important now because of the current chaos of eliminating (and then not eliminating, at least for now) federal grant funding. The good news?

Nonprofit 163

Nonprofit Grant Grants Donation 163

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.

Budget 100

Budget Pass-Through Transportation Nonprofit 100

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. What if that major grant your nonprofit counts on suddenly disappears: How would you continue your mission?

Funding 95

Funding Grant Grants Fundraising 95

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 113

Funding Budget Nonprofit 113

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?

Funding 108

Funding Indirect Cost Pass-Through Donation 108

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.

Finance 146

Finance Policy Policies Nonprofit 146

Blackbaud

JANUARY 31, 2025

Office of Management and Budget (OMB) issued a memorandum to all executive departments and agencies requiring that Federal agencies identify and review Federal financial assistance programs and temporarily pause funding for these programs. On January 27, the U.S. Were here to support you as you navigate through change.

Funding 88

Funding Fundraising Budget Management 88

Candid

OCTOBER 10, 2024

A key factor in understanding the impact of Black-led nonprofits is the representation of Black leaders across the sector. The data reveals important insights into disparities in leadership, funding, and support. Here, we’ll explore the unique challenges these nonprofits face and include expert perspectives from sector leaders.

Budget 22

Budget Nonprofit Burnout Funding 22

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 135

Budget Funding Nonprofit IT 135

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 110

Funding Management Software Finance 110

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 111

Funding Grant Grants Federal Grants 111

Pamela Grow

OCTOBER 19, 2022

Accounting can vary widely based on industry, and nonprofit accounting is one of the most unique approaches to the subject. Instead of focusing on generating a profit for the organization, the core of nonprofit accounting is accountability toward supporters and toward the mission.

Liability 147

Liability Nonprofit Funding Budget 147

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.

Fundraising 130

Fundraising Budget Nonprofit Management 130

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 104

Funding Grant Grants Applicant 104

Candid

JANUARY 28, 2025

The Technology Association of Grantmakers 2024 State of Philanthropy Tech Survey highlights both progress and ongoing challenges in how funders are supporting nonprofit technology needs. If these trends continue, we risk exacerbating existing inequities and undermining the capacity of nonprofits to fulfill their missions effectively.

Funding 72

Funding Nonprofit Budget Strategic Plan 72

Blackbaud

FEBRUARY 13, 2025

As a nonprofit finance professional, you want all your data to be accurate. Maintaining compliance can protect existing funding, as well. Keep reading for actionable tips to improve your allocation processes and avoid issues common to managing your nonprofit payroll and time tracking for grant reporting.

Grant 94

Grant Grants Indirect Cost Budget 94

Ann Green's Nonprofit

FEBRUARY 29, 2024

Thanking donors is crucial for securing gifts—especially for small nonprofits trying to build a support base. By Logan Foote Building relationships is crucial for nonprofits to grow their impact. For small nonprofits in particular, these relationships are critical to growing and scaling your work to drive additional impact.

Nonprofit 172

Nonprofit Education Retainer Conference 172

Get Fully Funded

MARCH 6, 2023

A very common “go-to” funding idea for small nonprofits is fundraising events. Here are three kinds of fundraising events that work for most nonprofits and how to choose the right one for you. You already know that every dollar counts in your nonprofit. Diverse funding streams are the key to success. Probably not!)

Fundraising 130

Fundraising Budget Nonprofit Liability Insurance 130

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.

Fundraising 136

Fundraising Nonprofit Funding Grant 136

Get Fully Funded

FEBRUARY 22, 2022

As your nonprofit starts to blossom, don’t be surprised if you are conflicted over how much to spend on nonprofit administration, especially fundraising. But you have to spend some money on running your nonprofit. And if you don’t have a budget , that’s an even bigger problem!). And fundraising. The training. The postage.

Fundraising 132

Fundraising Budget Nonprofit Indirect 132

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 122

Budget Funding Nonprofit IT 122

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 Grant 98

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 112

Funding Grant Grants Applicant 112

Ann Green's Nonprofit

FEBRUARY 1, 2024

Thanking your donors should be a priority for your nonprofit organization. Your donors have the option to give to countless nonprofit organizations, but they chose yours. If you don’t have the budget to send cards to everyone, send them to your most valuable donors. We all like to feel appreciated and that includes your donors.

Budget 289

Budget Electronics Donation Media 289

Blackbaud

SEPTEMBER 28, 2023

Your food bank needs accounting software that can help you manage a variety of funding sources while also helping you make strategic, data-driven decisions based on inventory and forecasted community demand. Provide clear stewardship for restricted funds. Improve transparency by communicating the status of your restricted fund balance.

Funding 93

Funding Award Budget Pass-Through 93

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.

Grant 111

Grant Grants Budget Nonprofit 111

Blackbaud

JANUARY 9, 2025

When you work for a nonprofit organization, you dont hope for a period of unexpected demand or income fluctuations. Operating reserves provide a financial cushion to help nonprofit organizations weather economic uncertainty and make stronger strategic decisions. Still not sure if an operating reserve is right for your nonprofit?

Contracts 96

Contracts Contract Budget Nonprofit 96

Blackbaud

DECEMBER 23, 2024

When your nonprofit is just getting started, your budget for an accounting system is likely very close to $0. Those low-cost tools can be a great way to launch and gain momentum, but there comes a point for every nonprofit when the time it takes to manage your fund accounting workarounds outweighs the cost of upgrading your system.

Finance 104

Finance Organizational Budget Budget Nonprofit 104

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.

Management 98

Management Policy Policies Budget 98

Candid

JANUARY 4, 2023

In response to the simultaneous global pandemic and racial equity movement, philanthropy committed to act with urgency to better support nonprofit partners, as well as the people and communities hit hardest by the impacts of these dual events. Pledges were made to reduce barriers, shift power, and engage in more equitable funding practices.

Demographics 111

Demographics Funding Grant Management Budget 111

Blackbaud

JULY 3, 2024

The future of nonprofit accounting is analysis. A Director of Finance at a nonprofit shared this sentiment with us during our research on the value of AI in fund accounting. Here is how Blackbaud is thinking about AI-enhanced functionality for nonprofit accounting. What Do Nonprofit Finance Professionals Want from AI?

AI 100

AI Finance Funding Training 100

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 115

Finance Budget Indirect Cost Indirect 115

GrantNews

SEPTEMBER 20, 2024

Managing a household budget has become a monumental task. Luckily, grants can provide an excellent funding source. Nonprofit food assistance programs are integral to providing relief to low-income individuals and families. Grants are now open to nonprofit organizations for community-based programs relating to food and nutrition.

Grant 107

Grant Grants Nonprofit Utilities 107