Candid

MAY 13, 2021

Manage budgets based on multiple projects. For instance, investing in an automated program, such as expense management software , can help you save time, yield better results, and increase efficiency. This post discusses the signs a nonprofit should consider expense management software. Managers need to approve them.

Software 111

Software Management Policy Policies 111

Blackbaud

FEBRUARY 28, 2025

Compliance audits, which ensure your nonprofits adherence to federal, state, and local government regulations, as well as your organizations bylaws and other policies across all aspects of your work. Operational audits, which assess your organizations internal systems, productivity, staffing, and management practices. Issue an RFP.

Nonprofit 75

Nonprofit Government Policy Policies 75

Blackbaud

APRIL 3, 2025

During the recent webinar, Unmasking Fraud in Not-for-Profits: Five Key Schemes and Five Preventive Steps , we engaged with hundreds of accounting and finance professionals from not-for-profit entities across the country. Following a standard expense reimbursement policy may be a more secure process.

Policy 83

Policy Policies Finance Ethics 83

Grant Writer Team

MARCH 27, 2025

The board approves budgets, reviews financial reports, and ensures proper controls are in place to keep finances in check. Risk Management From finances to reputation, the board identifies and mitigates risks. Governance & Ethics Boards set policies that keep operations ethical, legal, and mission-aligned.

Government 64

Government Ethics Proposal Finance 64

Blackbaud

MARCH 17, 2025

F undraising Best Practice Resources On-demand webinar: Everyday Actions, Extraordinary Potential: Engaging Everyday Donors Communicating with Donors in An Uncertain Funding Environment Get Your Grant-Funded Nonprofit Started in Fundraising Finance and Operations Best Practice Resources Webinar (March 25): Navigating Federal Funding: Essential Risk (..)

Funding 53

Funding Federal Grants Strategic Plan Finance 53

Blackbaud

JANUARY 9, 2025

Governance and Management factors: How does your Board feel about how much you should have in reserve vs spending on programs? What the Nonprofit Finance Fund calls consistent surpluses is the best way to build reserve funds. Uneven cash flows: How much does your income and spending vary throughout the year?

Contracts 100

Contracts Contract Budget Nonprofit 100

Blackbaud

AUGUST 12, 2024

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.

Management 98

Management Policy Policies Budget 98

Blackbaud

JULY 8, 2024

That is wonderful—if you have the tools to accurately track and manage all the moving pieces. From maintaining donor intent to tracking distributions and appreciation across funds, endowments have a lot of details to manage. The Importance of Strong Endowment Management Endowments symbolize strength for an organization.

Management 94

Management Funding Finance Software 94

Blackbaud

APRIL 15, 2025

Finance officers must include the Statement of Financial Position, Statement of Activities, Statement of Cash Flows, and, for many nonprofits, the Statement of Functional Expenses. This provides confidence to donors and financial stakeholders, ensuring they can trust how funds are managed and used.

Finance 53

Finance Management Funding Software 53

Blackbaud

NOVEMBER 8, 2023

Pre-Award Preparation Have certain policies and processes in place before applying for a grant so you can be confident you meet their requirements and there are no surprises. Tip 1: Have your leadership drive the conversation on grant funding and the policies associated with this revenue stream. Update your policies accordingly.

Government 116

Government Indirect Cost Indirect Grant 116

Blue Avocado

DECEMBER 17, 2024

One nonprofit leader shared six lessons learned from a bad board experience organizational policies to help your nonprofit set expectations, prevent dysfunction, and avoid a laundry list of problems. Finance Once your nonprofit or private foundation is tax-exempt, you never have to deal with the IRS again, right?

Budget 78

Budget Finance Burnout Grant 78

Blackbaud

JULY 24, 2024

Effective nonprofit financial management is a team effort. 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 is this nonprofit doing well when it comes to financial management?

Finance 105

Finance Strategic Plan Budget Nonprofit 105

Blackbaud

MAY 23, 2024

However, many organizations are unprepared for the multitude of regulations and requirements associated with managing federally funded programs. From an operations perspective, how will reporting expectations impact current operations, and who is involved in managing the various administrative requirements?

Grant Readiness 117

Grant Readiness Award Readiness Grant 117

Blackbaud

FEBRUARY 5, 2025

Effective internal controls along with comprehensive policies and procedures help reduce the opportunity for a fraudster to succeed. BELIEF THAT FRAUD Won’t Happen Here Managers sometimes believe so strongly in an organizations mission that they are blind to the idea that someone may commit fraud against them.

Training 63

Training Finance Funding Electronics 63

Instrumentl

APRIL 29, 2024

In this article, we will investigate policies governing nonprofit finances, common sources of nonprofit revenue, and best practices for nonprofit financial management. You may be wondering, “how much money can nonprofits keep?”

Instrumentl 75

Instrumentl Finance Policy Policies 75

Blackbaud

DECEMBER 20, 2023

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

Indirect Cost 104

Indirect Cost Indirect Finance Government 104

Blackbaud

JUNE 6, 2024

Just as a successful capital campaign follows defined steps and milestones, so does the work of a database manager—nitty-gritty, behind-the-scenes tasks to keep the campaign moving toward its goal. It is also directly related to the fund cash flow reports your finance office depends on. You are focused on policies and procedures.

Goals 99

Goals Finance Policy Policies 99

Blackbaud

SEPTEMBER 13, 2024

Have you ever had your board members scratch their collective heads when the development and finance teams report their results? The quandary that faces every nonprofit management team is how to communicate the difference in GAAP to non-GAAP operating results. How Development and Finance Can Get Along (Really!)Does

Insurance 98

Insurance Insurance Finance Nonprofit 98

Blackbaud

FEBRUARY 15, 2024

If a volunteer is an accountant, suggest their designation be in the finance department. Managing information in one system will allow you to produce important data, such as reporting, to ensure all necessary information is available for building a more efficient program. Show Your Appreciation Treat your volunteers like major donors.

Retainer 111

Retainer Policy Policies Training 111

DoJiggy

SEPTEMBER 19, 2024

Managing a nonprofit organization has its unique challenges. Nonprofits demand more from managers, especially when it comes to finances. Nonprofit financial management requires greater transparency and increased contingency planning of your budget. million in number. Both elements help you keep the lights on.

Management 52

Management Finance Budget Nonprofit 52

PKS Grants & Accounting Solutions

SEPTEMBER 22, 2021

A Grant Manager's Guide to Internal Controls Did you know, $600 billion is awarded each year in federal grants?? According to Section 200.303 Internal Controls are crucial to the grants management world because: They safeguard funds, property, and other assets against fraud, waste, loss, abuse, or misuse. So, what are they?

Grant Management 52

Grant Management Management Grant Grants 52

Strategic Grants

AUGUST 22, 2024

The research team at Strategic Grants spend hundreds of hours every month reviewing newsletters, funder sites, LinkedIn and many other resources to find funding and grants to enter and update in the Grants Expertise Management System (GEMS) for our for-purpose clients.

Finance 95

Finance Grant Grants Pass-Through 95

Grant Consulting Services

AUGUST 31, 2023

The grant lifecycle is an all-encompassing process that needs to be properly managed in order for all parties involved to be successful. Because nonprofits rely on grant funding, systems must be in place to properly manage and maintain that funding as part of the grant lifecycle. So, how do we manage grants?

Grant Management 52

Grant Management Management Grant Grants 52

Strategic Grants

JULY 16, 2024

Some for-purpose organisations will have clear guidelines in their gift acceptance policy and related processes to effectively make this assessment. Risk Check : Identify and manage potential risks associated with the donation, such as the financial stability of the donor, if a pledge is to be paid over several years.

Ethics 99

Ethics Manufacturing Finance Donation 99

Assel Grant Services

SEPTEMBER 4, 2024

Too often, grant management is seen as a scary, messy aspect of grant funding, and we have a vague understanding of the requirements or components. In the nonprofit field, it’s common for staff to be put in a role where they manage grants but might not have the knowledge or resources to understand what that entails.

Grant Management 40

Grant Management GPC Management Pass-Through 40

Blackbaud

APRIL 7, 2025

Creating and managing accurate budgets requires collaboration and buy-in to make sure everything is accounted for. Why Budgeting for Your K12 Private School is Hard A good private school budget requires transparency, time, and input from a variety stakeholdersmany of whom are also teaching classes, coaching teams, and managing performances.

Budget 53

Budget Strategic Plan Template Conference 53

Get Fully Funded

AUGUST 27, 2023

Yet a budget is a critical tool in managing your organization. A nonprofit budget can bring so many positives: Finances are much easier to manage because you know what expenses and revenue to expect. Very soon, you’ll have a nonprofit budget that serves you well and helps you manage the finances. Nonprofit budget.

Budget 98

Budget Finance Organizational Budget Management 98

Blackbaud

MARCH 15, 2024

This technology has helped Cassie Chilcutt, prospect research manager for the Conservancy, reduce major gift officer portfolios by more than one-third after removing low-likelihood prospects. “(It) You might need to modify or adapt as circumstances such as economic trends and policies change.

Strategic Plan 114

Strategic Plan Metrics Goals Utilities 114

Blackbaud

APRIL 2, 2024

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Managing them can be a daunting task.

Indirect Cost 114

Indirect Cost Indirect Software Funding 114

Assel Grant Services

SEPTEMBER 16, 2024

If you have ever flinched at the mention of policies and procedures, conflict of interest, or grant reporting, we may be able to help take the fear out of grant management. Too often, grant management is seen as scary and messy, with staff hesitant to learn because they may uncover more than they know how to handle.

Grant Management 40

Grant Management GPC Management Grant 40

Tech Soup

AUGUST 6, 2010

From sessions on strengthening neighborhood organizations to becoming better storytellers for your cause, there's something for everyone — from members of your board of directors, your executive director, and your development, volunteer management, and communications staff. Register today !

Conference 58

Conference Finance Nonprofit Policy 58

Get Fully Funded

JANUARY 16, 2024

Now that your new nonprofit is up and running, developing a solid foundation for financial management should be a top priority. The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission. Expense reimbursement.

Policy 52

Policy Policies Finance Budget 52

Assel Grant Services

SEPTEMBER 23, 2024

By now, I hope you are realizing grant management doesn’t have to be a scary web of confusing topics and rules. With this grant management series, I aim to outline some of the commonly seen issues and provide resources to learn more. Check out the previous posts on conflict of interest policies and procedures and time and effort !

Indirect Cost 40

Indirect Cost Indirect Grant Management GPC 40

Tech Soup

JUNE 2, 2015

Take advantage of fiscal year-end to improve your networking infrastructure , keep your data safe , order high-quality hardware , or improve your financial management. Accounting Tools: Manage Your Finances Effectively. If you are looking for an email protection solution that works with Exchange Server , check out Policy Patrol.

Grantstation 67

Grantstation Manufacturing Training Management 67

Qgiv

JULY 24, 2024

Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies. Advisory model Using the advisory model, your board would primarily provide guidance and expertise without direct management responsibilities. What are common board roles?

Strategic Plan 52

Strategic Plan Nonprofit Policy Policies 52

Candid

JUNE 25, 2021

The four other finalists announced in January 2021 were the Carbon Leadership Forum , Solar United Neighbors , RMI , and the World Resources Institute. The best initiatives aim to address big problems with bold targets and credible metrics to track progress.

Transportation 52

Transportation Metrics Finance Policy 52

The NonProfit Times

AUGUST 22, 2024

But is flooding covered under a typical commercial insurance policy? Rushing : Flood coverage is not typically included in a commercial insurance policy. Although you might be able to purchase flood insurance from your carrier or add it to your policy, many managers do not. You can find more information about that here.

Insurance 52

Insurance Insurance Policy Policies 52