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American Red Cross Sued Claiming Haitian Relief Funds Misused

The NonProfit Times

Money donated for Haiti earthquake relief went into a restricted account that could only be used for programs and services for Haiti. One of the named plaintiffs who donated an unspecified amount of money, Nathaniel Ballantyne, shares a last name with Renee A. Their hopes and struggles and agonies Get us grants and consulting fees.

Funding 143
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Learning from peers to refine your nonprofit funding strategy

Candid

These include categories like grants, donations from individuals, support from companies, and earned income from services or products.

Funding 98
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How to Develop Your Nonprofit Operating Reserves

Blackbaud

Consult your auditor and CPA to identify the options that work best for your organization. The more dependable and regular your funding is, the less risk you have and the lower your reserves can be. Operating reserves are a crucial part of a healthy financial statement, and there are several ways to calculate, hold, and manage those funds.

Contracts 104
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Where Does Grant Funding Come From?

GrantNews

Foundations are funded through donations, wills, bequests, fundraising, earned income, and memberships. Board members determine how funds are distributed, but some donations come with restrictions based on the donors wishes. Due to the complexity, many applicants turn to professional grant writers or consultants for assistance.

Funding 86
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Maximizing Donor Outreach: FAQ Guide to Prospect Research

The Fundraising Coach

Offering other engagement opportunities to give prospects a firsthand look at your organization’s work through volunteering, attending events, or consulting on projects. Sarah is responsible for managing the production and customer support department concerning client contract fulfillment, increasing retention rate and customer satisfaction.

AI 64
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What Every Nonprofit Needs to Know About Financial Audits

Blackbaud

This is also a good time to hammer out the details of your contract for working together before you finalize it and make it binding. If you need help or have any questions about audit prep, consult your accountant.

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Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

Speak with your accountant to explore what “contract positions” entail. It might be possible to keep staff members on a contract basis until your organization can sustain employees long-term. Service Contracts – Don’t forget to reassess annual service contracts. Funding For Good, Inc.

Budget 98