AmpliFund

MARCH 13, 2024

In our recent webinar, I detailed ways to improve grant budgeting and ease financial reporting. Key considerations for your budget planning process: Strong financial planning in the early grant stages sets the stage for successful program implementation and reporting.

Budget 103

Budget Amplifund Grant Grants 103

Candid

DECEMBER 20, 2023

This includes creating an annual operating budget , a document that breaks down your organization’s revenue, or the money you’ll bring in, and expenses, or the money going out to cover your costs, for each fiscal year. In this guide, we’ll walk through four essential steps to build an operating budget for your new nonprofit.

Budget 104

Budget Strategic Plan Nonprofit Goals 104

Veritus Group

JANUARY 26, 2024

The post Question of the Month: Why do we recommend creating both budget AND aspirational goals? In this Question of the Month video, Jeff and Richard share more about why it's important to have these two different goals in mind. appeared first on Veritus Group.

Budget 111

Budget Goals IT Finance 111

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.

Budget 100

Budget Pass-Through Transportation Nonprofit 100

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.

IT 147

IT Budget Nonprofit 147

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.

CRM 100

CRM IT Budget Training 100

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.

Grant 117

Grant Grants IT Proposal 117

Millionaire Grant Lady

JANUARY 24, 2025

At minimum, you will always want to submit your IRS Determination Letter, proving that youre a non-profit, and a program budget (or overall budget, if youre looking for general operating funding). Program Budget: An ideal program budget will include both revenue and expenses, and these amounts should balance or come close to it.

Funding 130

Funding Grant Grants Budget 130

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.

Strategic Plan 230

Strategic Plan Grant Writing Budget Grant 230

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

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.

Budget 289

Budget Electronics Donation Media 289

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.

Finance 115

Finance Budget Indirect Cost Indirect 115

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.

Budget 135

Budget Funding Nonprofit IT 135

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).

Engineering 111

Engineering IT Nonprofit Proposal 111

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!

Fundraising 246

Fundraising Budget IT 246

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.

Budget 122

Budget Funding Nonprofit IT 122

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.

Budget 22

Budget Nonprofit Burnout Funding 22

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.

IT 88

IT Procurement Fundraising Budget 88

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.

CRM 159

CRM Budget Template Media 159

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.

Letter Of Inquiry 278

Letter Of Inquiry Nonprofit Grant Grants 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.

Federal Grants 147

Federal Grants Grant Grants Procurement 147

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.

Policy 172

Policy Policies Electronics Budget 172

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.

LOI 104

LOI Grant Grants Contracts 104

Ann Green's Nonprofit

FEBRUARY 11, 2025

By John Killoran Leaders across the nonprofit sector face a common challenge: striving to serve a growing community of beneficiaries with constrained budgets. Create flexible ticketing options that cater to a range of budgets so your event remains accessible to a broad audience. Its important for you to diversify your revenue sources.

Nonprofit 163

Nonprofit Grant Grants Donation 163

Blackbaud

AUGUST 2, 2024

As a Strategic Consultant at Blackbaud, I have the privilege of working closely with many leaders in higher education who are navigating the ever-changing waters of fundraising. It is a job that demands you bring 100% of yourself to work and yet is 0% about you personally—it is about the organization and the mission. It has changed everything. “I

IT 89

IT Education Fundraising Mentor 89

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?

Fundraising 130

Fundraising Budget Nonprofit Liability Insurance 130

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.

Fundraising 130

Fundraising Budget Nonprofit Management 130

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.

Funding 130

Funding Consultant Consulting Consulting 130

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.”

Donation 210

Donation Electronics CRM Budget 210

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.

Finance 146

Finance Policy Policies Nonprofit 146

Blackbaud

MAY 3, 2024

Fund accounting software with sub-fund capabilities makes it easy to manage multiple budget scenarios, understand encumbrances, and automate your internal controls for the highest level of accuracy and transparency. Separate budgets and multi-scenario budgets With dynamic funding and multiple lines of service, your budget is never final.

Funding 97

Funding Budget Software Grant 97

Blackbaud

FEBRUARY 13, 2025

Discrepancies and Budget Overruns Manual time tracking and payroll allocation can result in discrepancies between recorded time and payroll provider data. These discrepancies can lead to budget overruns and difficulties in managing funds effectively. The lack of a single source of truth can lead to discrepancies and frustration.

Grant 94

Grant Grants Indirect Cost Budget 94

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

JULY 24, 2024

Analyzing budgets. Your accountant will use your recorded financial data to review your nonprofit’s annual operating budget and suggest revisions before it goes to your board for final approval. They’ll also perform budget vs. actual comparisons throughout the year to help keep your organization’s spending and fundraising on track.

Finance 104

Finance Strategic Plan Budget Nonprofit 104

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.

Burnout 117

Burnout Consultant Consulting Consulting 117

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.

Policy 98

Policy Policies Strategic Plan Budget 98

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%.

Budget 111

Budget Nonprofit Engineering IT 111