Blackbaud

MAY 6, 2024

Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put it together. Here are a few simple steps to help you create a solid budget that helps your organization allocate resources effectively and makes your budgeting process easier.

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The NonProfit Times

NOVEMBER 5, 2024

Funders put the budget and budget justification under a microscope. If an activity will require resources, it must show up in the budget. If a line item shows up in the budget, it must be discussed in the narrative. If a line item shows up in the budget, it must be discussed in the narrative.

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Greater Giving

JULY 23, 2024

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. The post Big Impact, Small Budget: Live Auction Ideas for Small Nonprofits appeared first on Greater Giving Blog.

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Pamela Grow

FEBRUARY 15, 2023

They provide predictable cash flow that helps with budgeting and planning for the future. Monthly giving programs are crucial for nonprofit organizations to establish a reliable, consistent revenue stream. Monthly giving programs are more than just the option of making a recurring gift.

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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).

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GrantNews

SEPTEMBER 30, 2024

Writing LOIs and budget proposals. You should budget 20-40 hours for most grants, but the needs and requirements are different for every grant. When grant writers set their flat rate, the budgeted amount of that fee should not be more than 5% of the grant award. Want to learn more? Each grant writer sets their own rates.

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Allied Grant Writers

DECEMBER 29, 2024

Introduction to Grant Budgets Understanding the financial aspects of grant applications, particularly budgeting, is essential for both small businesses and non-profits. A well-structured budget can significantly impact the chances of securing funding.

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Lightning Fast Grant Writing

NOVEMBER 16, 2023

The first thing to do is to ask all your management-level staff to fill out the project innovator form. This is their chance to define a specific project they would like to see funded. It is a terrific exercise for this time of year. It allows your staff to dream about the future. It means setting due dates for rolling grant applications too.

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Ann Green's Nonprofit

FEBRUARY 1, 2024

If you don’t have the budget to send cards to everyone, send them to your most valuable donors. If your budget doesn’t allow you to mail handwritten cards, is there a way you can change that? You can also put your thank you video on your website and share it by email and social media. These are your valuable donors.

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Blackbaud

DECEMBER 12, 2024

Save budget talks for the evaluation phase. Consider your budget, research specific software providers , and decide if changing tools is the right decision for your organization. Stay within budget : What are the true costs of changing CRMs? It was a client kickoff call like so many others. My answer began with one word: Maybe.

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Soapbox Exchange

OCTOBER 15, 2024

Some of the most effective marketing strategies don’t require a big budget. You can create content to show off your thought leadership or use social media to interact with supporters. Even some paid channels like Google Ads are within reach with the right strategies.

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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. By Sneha Dave Ninety-two percent of organizations — including mine — have budgets of less than $1 million and know what their communities need most.

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Joe Garecht Fundraising

JANUARY 22, 2024

They need streamlined fundraising strategies that can help them raise more money WITHOUT having to hire additional staff or double their fundraising budgets. Small non-profits are different than larger organizations. And after being where you are today, I can tell you this: it can be done!

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Candid

NOVEMBER 2, 2023

The same study cites budget constraints as a common barrier to making this happen. After all, the more people that find and interact with your cause online, the more potential awareness and even donations you can drive. So, how can your nonprofit boost its online visibility—without breaking the bank? Enter search engine optimization (SEO).

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CauseVox

JANUARY 2, 2025

For grassroots organizations with a shoestring budget or a one-person fundraising team, a 50/50 fundraising raffle may be particularly appealing due to the low-barrier to entry and the amount of time it takes to spin up. From school fundraisers to upscale galas, hosting a raffle is unequivocally a great fundraising tool for any nonprofit.

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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. By Sneha Dave Ninety-two percent of organizations — including the one I founded — have budgets of less than $1 million and know what their communities need most.

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Candid

OCTOBER 10, 2024

Key facts about nonprofits with Black CEOs and Key facts about nonprofits with majority Black leadership examine these organizations’ budgets, revenue, and subsectors and regions with the highest representation, among other data points. Yet, among the nonprofits they lead, the largest share have budgets of under $50,000.

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Pamela Grow

JULY 10, 2024

And a budget for it. Donation Sources: Individuals: Donated $374.4 billion, a 1.6% increase from 2022, but a 2.4% decline when adjusted for inflation. Individual giving remained at 67% of total giving, though it fell below 2% of individuals’ disposable income. Foundations: Contributed $103.53 billion, making up 19% of total giving.

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Letter Of Inquiry Nonprofit Grants Grant Readiness 278

RBW Strategy

AUGUST 7, 2024

This is a privilege, but also requires diligence, planning, and solid recordkeeping to ensure that you follow the federal requirements as indicated in The Office of Management and Budget (OMB)’s Uniform Grant Guidance, or 2 CFR 200, plus any other federal, state or local agency requirements. This serves as your steering committee.

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Ann Green's Nonprofit

MAY 6, 2024

A few ways you can use direct mail without breaking your budget are to clean up your mailing lists to avoid costly duplicate mailings, spread thank you mailings throughout the year – perhaps sending something to a small number of donors each month, and look into special nonprofit mailing rates. Don’t skimp on your communications budget.

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CRM Budget Template Media 158

Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Analyzing your budget this way also allows you to understand the ROI of each program.

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Ann Green's Nonprofit

JULY 16, 2024

Will certain policies or budget cuts affect your organization? Many states have issued their budgets for the next fiscal year. It’s summer! I hope you’ll get a chance to take a vacation or just some time off. It may be quieter at your nonprofit, but you don’t want to be too quiet and ignore your donors. Just do it and do it often.

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Get Fully Funded

MARCH 6, 2023

You don’t want to spend more than you raise, and poor planning can turn an event into a budget buster that wastes your most precious resource – time and volunteers. Tupperware parties, garage sales, and candle fundraisers will not sustain your budget. The RIGHT event: Raises 10-20% of your annual budget. BUT the flip side?

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Pamela Grow

OCTOBER 29, 2023

How much of their budget is appropriate to spend on new equipment, skilled managers and everything else required for an organization to thrive and endure? 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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GrantNews

DECEMBER 5, 2023

Considering that most nonprofits seeking grant funding have limited budgets, it is vital to their fundraising goals to ensure that they are utilizing their resources as efficiently as possible to ensure their best possible chances of success. The RFP process is just as valuable – if not more so – to a potential grant seeker.

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Millionaire Grant Lady

SEPTEMBER 30, 2024

This change affects nonprofit organizations by increasing the overall budget for staff salaries. This change might mean more nonprofits see budget shortfalls in the coming year. Since nonprofit organizations often run on tight budgets, this increase in staff costs will undoubtedly put further strain on already stretched budgets.

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Ann Green's Nonprofit

DECEMBER 4, 2024

A better use of your print and mailing budget is to send thank you notes instead of swag. Start with a special thank you According to fundraising expert, Dr. Adrian Sargeant, “The thank you is the single most important piece of communication that your donors get. They have a higher recall of it than the appeal that generated the gift.”

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Ann Green's Nonprofit

NOVEMBER 26, 2024

Every other aspect of nonprofit financial management stems from this infrastructure—from budgeting and tax filing to setting fiscal goals in your strategic plan. Some of their responsibilities include approving budgets, implementing risk management plans, and reporting your organization’s finances to the rest of the board. Methodology.

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Candid

JANUARY 9, 2025

Stop using technology budgets based on organizational hierarchy The CEO shouldnt have a choice of laptops if program coordinators dont have the same choice. Every employee is needed in driving your mission, so they should all have access to the same options and budget to use technology to do that work.

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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.

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The Chronicle of Philanthropy

MAY 15, 2023

By Sono Motoyama Conrado Muluc In four years, MediaJustice’s budget grew from $2.5 million to $4.5 million and its staff from 10 to 22 people, requiring some rethinking about team building.

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Greater Giving

DECEMBER 31, 2024

Download The Event Sponsorship Infographic PDF Why Sponsorships Are Crucial for Fundraising Events Fundraising Event Sponsorships often account for a significant portion of an event’s budget an average of 45% , according to recent nonprofit trends. How to Build a Successful Nonprofit Event Sponsorship Strategy 1.

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The Chronicle of Philanthropy

JANUARY 25, 2024

billion in 2024, its largest budget to date, aided by a $20 billion donation by Bill Gates in 2022. Feeney, who died in October having given away $8 billion during his life, was an inspiration to Bill Gates, Melinda French Gates, and Warren Buffett.

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Candid

SEPTEMBER 14, 2023

Median executive compensation is rising Median compensation for nonprofit CEOs increased for all budget bands from 2020 to 2021, continuing to grow steadily over the last five years. However, organizations in the highest budget band (>$50M), saw a decrease of -0.9%.

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Grant Writer Team

MAY 23, 2024

Budget: Your writer needs full access to your books in most cases. Without a solid budget in place, no grant application will be a winner. Budget: Your writer needs full access to your books in most cases. Without a solid budget in place, no grant application will be a winner. What’s in a Name?

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Fundraising HayDay

APRIL 18, 2024

Grant professionals build capacity, develop programs, conduct research, work with clients, build budgets, and so much more. Grant professionals build capacity, develop programs, conduct research, work with clients, build budgets, and so much more. Sure, your title may have “writer” in it, but we are more than grant writers.

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Grants Grant Government Budget 91

The NonProfit Times

JUNE 13, 2024

These concerns were top of mind for environmental organizations, nonprofits with at least $51 million in operating budget, nonprofits with more than 5,000 employees, and organizations with budgets between $11 to $51 million, according to the survey data.

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