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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. You’ll create strategic plans, brainstorm new projects and programs, and organize campaigns to raise the necessary funds to execute your ideas. Methodology.

Finance 147
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Gaining Leadership Approval for Major Technology Investments: A Practical Guide for Nonprofit CFOs

Blackbaud

Your ultimate goal is to channel as many resources as possible toward your mission. Here are a few considerations when advocating for technology investments in your accounting and finance departments. Aligning finance with the rest of the organization can go a long way.

Finance 78
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How to Evaluate a New Revenue Stream

Blackbaud

Ask the finance team. Finance teams can help their nonprofit organizations evaluate new revenue streams, enhancing the organizations stability and mitigating risk while intentionally experimenting with varied income sources. This alignment prevents mission creep and maintains the integrity of your nonprofit’s goals.

Finance 105
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4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

To help ensure each grant drives meaningful change, this guide will explore ways grant management influences your nonprofits finances and how to optimize the process for greater impact. Many grantmakers request a proposed budget along with grant applications to show youre thinking about these goals from the start.

Finance 52
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8 Strategy Basics for Nonprofit Organizations

Blackbaud

When you think about creating a strategy for your nonprofit or school, do you imagine high-stress meetings with a whiteboard and sticky notes, with your team hashing out a large-scale plan to set your whole organization on a path forward? Strategy planning doesnt have to be so dramatic. In fact, you already strategize every day!

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Understanding the Differences: Capital, Program, and Operating Grants for Nonprofits

Just Write Grants

Understanding the distinctions between capital, program, and operating grants is crucial for effectively managing your organization’s finances and meeting its goals. Characteristics Goal-Oriented : Program grants are focused on achieving specific outcomes related to the funded program. Capital Grants 1.1

Grant 52
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Nonprofit Accountant vs. Fractional CFO: The Key Differences

Blackbaud

Having multiple people working on your organization’s finances helps ensure accuracy—not only by delegating tasks efficiently, but also by allowing for additional review of records and reports. What practical steps can we take to get this organization where it needs or wants to be with its finances? Where is there room for improvement?

Finance 105