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How to Develop Your Nonprofit Operating Reserves

Blackbaud

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 103
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Grant Budgeting: Tips for Maximizing Funding Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofit’s growth, and it starts with crafting a well-planned and realistic budget. Understanding the specific requirements and limitations outlined in the grant application is crucial for developing a budget that aligns with the funder’s priorities and expectations.

Budget 115
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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

As a nonprofit finance professional, you want all your data to be accurate. 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. Maintaining compliance can protect existing funding, as well.

Grant 102
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The basics of building a nonprofit budget

Candid

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: .

Budget 105
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Introduction to Nonprofit Program Budgets

Grant Writing Made Easy

At our most recent Grant Writing Made Easy workshop, we did a deep dive into nonprofit program budgets. Of all the topics I teach inside the course, the budget is the one that students have the most anxiety and confusion around. (By Follow this 3-step process for creating nonprofit program budgets.

Budget 98
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Tips For Maximizing Grant Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofits growth, and it starts with crafting a well-planned and realistic budget. Before diving into the budgeting process, its essential for nonprofit managers to thoroughly review the grant guidelines and restrictions provided by the funding organization.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards.