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 105

Finance Budget Organizational Budget Nonprofit 105

DoJiggy

JANUARY 10, 2025

Using a golf tournament budget can help organizations plan and prepare for events by anticipating income and expenses. This golf event budget comprises all significant golf outing income (registrations, sponsorships, auctions, raffles, and more) and expense categories (facility, decorations, marketing, and publicity expenses).

Budget 52

Budget Template Insurance Insurance 52

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 115

Indirect Cost Indirect Funding Software 115

Blackbaud

JANUARY 9, 2025

Find the Right Number for Your Nonprofit Operating Reserves The Nonprofit Operating Reserves Initiative (NORI) Workgroup suggests that the minimum operating reserve ratio at the lowest point during the year should be 25 percent, or about three months of the annual operating expense budget. However, this is not a universal benchmark.

Contracts 104

Contracts Contract Budget Nonprofit 104

Blackbaud

MARCH 10, 2025

Your supporters and stakeholders will appreciateand come to trustwhat they get out of your unified software ecosystem. Show You Have Nothing to Hide in Allocation of Funds Blackbaud Institute research found 76% of donors are concerned about what portion of their donation goes to overhead. This is how you maintain trust.

Finance 85

Finance Fundraising Software Budget 85

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

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 111

Software Funding Metrics Goals 111

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?

Budget 59

Budget Software Funding Utilities 59

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 104

Funding Budget Software Grant 104

Blackbaud

MARCH 3, 2025

But how do you justify spending money on a budgeting tool instead of supplies for an after-school program? Would this investment speed up budgeting, provide more accurate data, or mitigate risk? Limited funds and time often mean that investing in technology can take away from program activities. Be sure to clearly lay that out.

Finance 81

Finance Strategic Plan Proposal Goals 81

Candid

DECEMBER 20, 2023

After all, the only way you can fulfill your organization’s mission is if you can bring in the funding you need to support your programs and initiatives. You should also have a plan for how to effectively manage your funding, which is where your financial strategy comes into play.

Budget 108

Budget Strategic Plan Nonprofit Goals 108

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.

Budget 98

Budget Finance Software Liability 98

Grant Writer Team

FEBRUARY 20, 2025

Your Nonprofit Organization’s Realistic Goal From legal fees and state filing fees to administrative expenses and initial program funding, the costs of starting a nonprofit in 2025 can vary greatly. That’s why thorough planning and budgeting are so important.

Liability Insurance 67

Liability Insurance Insurance Insurance Scope Of Work 67

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 111

Funding Management Software Finance 111

AmpliFund

APRIL 30, 2024

I also highly recommend you view the recording where I take you into our software and explain each section in further detail. Here are 3 ways grant management software supports compliance: 1. As you know, how you perform in audits will directly affect the funding you receive. Sounds pretty scary (and way too familiar), right?

Grant Management Software 100

Grant Management Software Grant Management Amplifund Software 100

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 Grant 230

Blackbaud

NOVEMBER 27, 2024

Digital campaigns eliminate expenses related to venues, printed materials, and travel, enabling nonprofits to allocate more funds directly to their cause. An exception would be digital paid ad campaigns, where expenses run high based on the organization’s ad budget. Google Ads Forget billboards: tap into the power of Google Ads!

Fundraising 98

Fundraising Nonprofit Media Donation 98

Blackbaud

FEBRUARY 4, 2025

QuickBooks is depreciating the tags functionality in their accounting software starting March 8. If your nonprofit has chosen to use the tagging feature in QuickBooks to help identify your restricted revenue, this means you will be juggling even more spreadsheets outside of your software. There is a better way.

Software 78

Software Nonprofit Finance Management 78

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. Reduce risk with a single source of truth for all your grant funding.

Funding 98

Funding Award Budget Pass-Through 98

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 111

Funding Indirect Cost Pass-Through Donation 111

Blackbaud

JANUARY 24, 2025

Many organizations use CRMs to track donor information, but most are missing out on the benefits that come from integrating them with their other software. Event management software: When someone signs up for your event, their information goes straight into your CRM. They help your CRM talk to other software tools.

CRM 97

CRM Software Nonprofit Readiness 97

GrantNews

JANUARY 9, 2025

Each rejection offers valuable lessons that can improve your chances of securing funding in the future. Unfeasible Budget: The higher the funding amount, the more stringent the rules. Writing Needs Improvement: If writing is not your thing, you might consider using a software program. The good news?

Applicant 64

Applicant Application Grant Grants 64

Blackbaud

NOVEMBER 6, 2023

Now, your technology and software needs evolve fast, and you can’t be tied to a system that can’t change with you. As technology and the times have changed, you now can be more flexible and utilize integrations and partners to expand your current software to meet your changing needs. Customization without the price tag.

Funding 105

Funding Software Finance Utilities 105

DoJiggy

FEBRUARY 18, 2025

Increased Efficiency Using event management software can streamline tedious processes such as ticketing, sponsorship coordination, and communication with supporters. Real-Time Updates: Event software can send reminders to attendees or update them about schedule changes. Pricing models that suit your budget, such as our free option.

Software 78

Software Training Fundraising Goals 78

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 79

Budget Finance Calendar Software 79

Greater Giving

JULY 24, 2023

If you’ve invested in software to simplify auction management, you’re already taking the right steps to maximize your fundraising event’s success! For example, an animal shelter’s welfare program will need funding to provide medical services to adoptable animals. All financial data, from expenditures to revenue and assets.

Software 97

Software Fundraising Nonprofit Donation 97

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 119

Finance Budget Indirect Cost Indirect 119

The Fundraising Coach

JANUARY 17, 2025

Planning events is essential for nonprofits, whether youre raising funds, building awareness, or forging new community connections. From tight budgets to limited staffing, these hurdles can make even the simplest event feel overwhelming. Utilize Budgeting Tools: Consider using budgeting templates or software designed for nonprofits.

Budget 52

Budget Burnout Transportation Utilities 52

Just Write Grants

NOVEMBER 12, 2024

Budgeting and Financials 5.1 Challenge Creating a detailed and accurate budget that aligns with the grant’s requirements can be complex. Misalignment or errors in the budget can jeopardize your proposal. Misalignment or errors in the budget can jeopardize your proposal. Meeting Deadlines 6.1 Meeting Deadlines 6.1

Grant Writing 52

Grant Writing Grant Grants Proposal 52

Allied Grant Writers

DECEMBER 25, 2024

They usually do not require repayment, making them an appealing source of funding for many organizations. Organizations or individuals seeking grant funding should clearly understand how grants function and the requirements they entail. Research Grants Funding for academic or scientific research projects.

Grant Writing 52

Grant Writing Grant Grants Indirect Cost 52

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.

Budget 69

Budget Grant Grants Proposal 69

Blackbaud

AUGUST 12, 2024

You’ve got to use funds wisely, aligning with your mission and honoring donor intentions. In a perfect world, your budget will always be balanced. Know Your Funding Types One of the first steps to strong nonprofit financial management is to understand your funding sources and how they affect your financial planning and reporting.

Management 98

Management Policy Policies Budget 98

Get Fully Funded

FEBRUARY 10, 2025

You dont want to take funding away from your programs unless its absolutely necessary, but some spending on overhead is essential for your nonprofit to operate. Solution: Invest in Dedicated Accounting Software As soon as its feasible given your nonprofits budget, add an accounting platform to your tech stack.

Management 52

Management Nonprofit Finance Software 52

Grant'd

MAY 18, 2021

There has possibly been no Budget announcement more anticipated than the 2021 Federal Budget handed down by Treasurer Josh Frydenberg on Tuesday 11 May 2021. So how was this year’s budget received? Well, that of course, depends on who you ask. Well, that of course, depends on who you ask. Our thoughts?

Budget 52

Budget Funding Government Grant 52

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.

Budget 52

Budget Fundraising Insurance Insurance 52

Qgiv

JANUARY 8, 2025

According to school fundraising studies , only 64% of parents, teachers, and administrators believe their school is well-funded. Most profitable school fundraising ideas Driving a high return on investment (ROI) with your fundraising efforts is crucial to earning money for your school while staying on budget.

Fundraising 98

Fundraising Donation Education Award 98

Greater Giving

SEPTEMBER 19, 2024

The planning document that serves as the backbone for financial sustainability—and by extension, successful growth—is your nonprofit’s annual operating budget. To help you get started with nonprofit budgeting , this guide will outline three essential steps for creating a sustainable operating budget: 1.

Budget 52

Budget Nonprofit Utilities Funding 52