article thumbnail

Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

You’ll create strategic plans, brainstorm new projects and programs, and organize campaigns to raise the necessary funds to execute your ideas. One important but sometimes overlooked step in future planning is ensuring proper nonprofit financial management. Methodology. Chief financial officer (CFO).

Finance 147
article thumbnail

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. Grant funds usually come with restrictions, so understand each funders limitations and plan accordingly. A $6,000 unrestricted grant.

Finance 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Blackbaud

Here are a few considerations when advocating for technology investments in your accounting and finance departments. Here are a few points to consider when linking your proposal to your organizations strategic plan: Map out Strategic Goals Begin by clearly identifying and outlining your nonprofit’s strategic goals and objectives.

Finance 77
article thumbnail

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. Review your strategic plan to ensure the new revenue stream fits within your organizational objectives.

Finance 105
article thumbnail

Register Now! Beyond the Ledger: Nonprofit Finance Summit

NonProfit PRO

Nonprofit leaders are invited to Beyond the Ledger: Nonprofit Finance Summit, a free virtual event on March 13. Earn free CPE credit, network with other finance leaders and get inspiration to optimize strategic planning, reporting, grant management and accounting operations.

Finance 89
article thumbnail

8 Strategy Basics for Nonprofit Organizations

Blackbaud

Pro tip: Data is most beneficial in three key areas of strategic planning : When assessing your current state When setting goals for your team When creating a plan to achieve those goals Free Resource Nonprofit Change Management Toolkit Download now 5. Dont Let the Plan Gather Dust You did it!

article thumbnail

Resources for Navigating Uncertainty in the U.S. Federal Funding Landscape

Blackbaud

Weve created resources to help social impact organizations as they respond, from strategic planning to diversifying revenue streams to engaging new donors.

Funding 53