Remove Finance Remove Metrics Remove Readiness
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Is your nonprofit organization ‘grant-ready’? 

Candid

But before you start seeking a grant, ask yourself: Is your organization really ready? Before you get started Here are some basics you should be aware of before applying for grants: First, getting a grant is a labor- and time-intensive process. Set yourself up for success by making sure you’re ready to start the process.

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Building a Grant-Ready Organization

Grant Professionals Association

Is your organization grant-ready? When it comes down to it, grant readiness comes from preparation in three main areas: Resources, Collaboration, and Alignment. Grant readiness and effective grant stewardship takes collaboration at all levels. Question: What has been the most essential piece of your grant readiness toolkit?

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Develop a more accurate overall budget In collaboration with your organization’s finance committee, create a more accurate overall budget by using project or program-based budgets. Utilize a dashboard to communicate financial updates A dashboard is a helpful tool for board members and staff to stay abreast of the organization’s finances.

Finance 105
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Demystifying the Major Nonprofit Accounting Methods

Pamela Grow

Keeping thorough, accurate records of your organization’s finances allows you to know how much funding you have on hand and effectively allocate it to further your mission. You can manage a cash accounting system in a basic spreadsheet, which is helpful if your nonprofit isn’t ready to invest in specialized accounting software yet.

Nonprofit 147
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The Top Seven Reasons to Integrate Your Fundraising CRM and General Ledger

Blackbaud

FINANCE DIRECTOR: Fiscal year-end numbers have not been fully reviewed yet, but recognized revenue from fundraising will be close to $7 million DEVELOPMENT DIRECTOR: What the…?!? Directors of Development and Directors of Finance often find themselves working in a love/hate relationship. EXECUTIVE DIRECTOR: Ugh.

CRM 59
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7 Database Goals for Your Independent School’s Capital Campaign

Blackbaud

When evaluating your school’s readiness for a capital campaign, database readiness might not be at the top of the list for your campaign consultants or administration. It is also directly related to the fund cash flow reports your finance office depends on. You’ll want these ready for gift officers in the next phase.

Goals 83
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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

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. Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet.