Remove Contracts Remove Management Remove Policy
article thumbnail

Pre- and Post-Award is like PB&J

RBW Strategy

It is critical to have those partnerships in place to understand how you will manage your relationships with contractors and subrecipients, and their respective role(s) in the administration of the federal grant. What internal controls do you have in place related to the management of grant funding? Were here to help.

Award 130
article thumbnail

How to Develop Your Nonprofit Operating Reserves

Blackbaud

Governance and Management factors: How does your Board feel about how much you should have in reserve vs spending on programs? Operating reserves are a crucial part of a healthy financial statement, and there are several ways to calculate, hold, and manage those funds. Revenue volatility factors: How volatile are your revenue sources?

Contracts 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Kickoff Your Federal Grant Project

RBW Strategy

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.

article thumbnail

9 Best Practices for Strong Nonprofit Financial Management

Blackbaud

Modern technology and clear rules are key to strong nonprofit financial management. But how do you perfect your nonprofit financial management? What is Nonprofit Financial Management? Nonprofit financial management is the process of managing the money that flows through your not-for-profit organization.

article thumbnail

Continuous Enrollment: The Pros and Cons

Blackbaud

Yet, until recently, they also meant our staff spent extensive time and energy calling families to track down re-enrollment contracts each year. With this approach, families now sign one continuous enrollment contract that remains in effect for the duration of their child(ren)’s enrollment at DKJA. We knew there had to be a better way.

Contracts 103
article thumbnail

What you can do about the chaotic federal funds situation

Future Fundraising Now

Within that okay for now group are many that may still be targeted for cuts: A memo from the Office of Management and Budget said: The use of Federal resources to advance Marxist equity, transgenderism, and green new deal social engineering policies is a waste of taxpayer dollars… Nonprofits in the rest of the world cant breathe easy.

Funding 62
article thumbnail

Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Was nonprofit management suddenly failing to keep clients safe? Plaintiff attorneys have learned that they can demand policy limits on nonprofits liability insurance for injured children or vulnerable populations even when the nonprofit was not at fault because judges will allow these cases to be brought. Was training insufficient?