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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 102
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Facing the Giving Gap in Nonprofit Fundraising — From Foundations to PTAs

NonProfit PRO

In May of 2020, Echoing Green and The Bridgespan Group published an article highlighting enormous budget disparities between Black and white-led nonprofit organizations seeking institutional funding in the early stages of their development. The numbers were staggering.

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How to Secure Corporate Grants: Strategies for Nonprofits

Just Write Grants

For many nonprofits, corporate grants can provide essential funding to support their programs and initiatives. To successfully secure corporate grants, nonprofits must understand how businesses approach charitable giving and position themselves as valuable partners.

Grant 52
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Build Trust by Integrating Your Fundraising and Finance Systems

Blackbaud

According to Blackbaud Institute research , 56% of donors surveyed said they actively research a nonprofit before giving. This allows you to present the whole picture of your nonprofit or focus on a specific area to establish how much was donated to and spent by each program. In Gen Z at the Table , 40% of Gen Zers said the same.

Finance 80
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Compensation in the new age: findings from Candid’s 2022 Nonprofit Compensation Report

Candid

Candid’s 2022 Nonprofit Compensation Report can help fill in the gaps when it comes to benchmarking compensation. The report captures the most authoritative and accurate executive compensation data from close to 88,000 nonprofits based on IRS data for fiscal year 2020. . for nonprofits with budgets between $250K-$500K.

Budget 105
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How to find free things: nonprofit students edition 

Candid

As a nonprofit management student, preparing to enter this field can be challenging because it’s still developing. The University of San Francisco was the first school to offer a Master’s in Nonprofit Administration less than 40 years ago, and the first School of Philanthropy was created just nine years ago at Indiana University.

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

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 118