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Thinking through the post-award experience from a pre-award vantage Picture this – you work at a nonprofit and have a big, audacious project that you are looking to get off the ground. Do those documents provide a path for handling the unexpected? Some questions to consider might be: Have you received federal funding before?
Whether you are a recipient, pass-through entity, or subrecipient, you have been given the unique responsibility of becoming a steward of federal grant funds. Through these policies and procedures, you’ll want to answer the following questions: Has management designed policies and procedures to handle a wide variety of circumstances?
This is a natural consequence when several different administrative requirements documents and cost circulars are consolidated into one document, and meant to be universally applied. I co-led a session through MyFedTrainer in which we discussed these topics more in-depth. Let’s examine each one. Plus, there’s more….
Whether you aim to purchase new sports equipment, fund a class trip, or renovate the library, your fundraising efforts can gain a major boost through sponsorships. It is easy for a message to slip through the cracks. Lasting relationships are formed through regular communication, recognition, and follow-up.
One way your donors can help you extend your impact is through legacy giving. Legacy giving is a committed donation a donor plans to leave to a nonprofit organization as part of their estate after they’ve passed away. Here’s a look at seven of the most common types of legacy gifts: Bequests through wills and estate plans.
Nonprofit financial management is the process of managing the money that flows through your not-for-profit organization. Depending on your organization’s focus and activities, you may have different types of funding, such as grants, contracts, donations, program fees, sponsorships, or merchandise sales.
However, many state and local government grants are pass-through funding from federal agencies and held to the same rules and regulations. Foundation and corporate grants may not be as stringent as federal or pass-through funding, but the principles of grant management still apply. Subscribe to our blog to follow along!
Give and Get the Right Information Solutions like AmpliFund offer you the ability to create custom opportunities that provide applicants and reviewers with information, instruction, documents, or links directly in the form. Be sure to double check any links or documents you insert for accuracy.
Here are the circumstances that may trigger an audit requirement: Federal, state, and local government contracts may require an audit as part of the nonprofit’s contract for funding. Nonprofits spending $750,000 or more of federal (or federal pass-through) funds in a year must complete a Single Audit.
If you’re ready to go beyond annual giving and unlock a more sustainable future through legacy gifts, read on. In this comprehensive guide, we’ll walk you through the entire process of starting a planned giving program. Bequests A bequest is simply a term for a gift made through a will.
When a software provider has an extensive network of partners, you can be confident they have done the work to build critical integrations that allow data to passthrough the systems, like single sign-on, class rostering, profile updates, etc. How are you managing contracts and automatic payments? How easy is that for families?
How to do it Assess your grant or contract language to identify which programs could be impacted by the changes in federal funding. For each grant, estimate how much of the total grant or contract might be affected, and work with your program staff to document the impact on programs and services. Document everything.
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