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Build Trust by Integrating Your Fundraising and Finance Systems

Blackbaud

This seamless flow of information is truly incredible, particularly when the data exchange is between finance and fundraising. When you unite your fundraising and finance systems, efficiency is simply the first win of many. Stakeholders trust full disclosure.

Finance 81
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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Accountability is at the heart of nonprofit accounting.

Liability 130
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Grant-Seeking Tips for Grant Researchers: Down the Rabbit Hole

GrantNews

While nonprofits do not focus on profit, financing operations is still essential for a nonprofit to accomplish its goals. However, you will increase your chances of securing financing for your cause by building a grant cycle. Securing funding is vital for critical programs to flourish. What Type of Grant-Seeker Are You?

Grants 109
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How Nonprofits Can Manage Cash Flow During Financial Challenges

Blackbaud

Understand Your Finance Committees Needs Know what your finance committee needs to see and provide those outputs to them. By planning effectively, utilizing the right tools, and engaging in proactive scenario planning, you can ensure your organization remains nimble and resilient.

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The Crucial Role of Change Management for CFOs: Driving Sustainable Success in Nonprofit Finance

Blackbaud

Finance departments and CFOs often focus on project management—which is the technical side of change—making sure all the boxes are checked, and everyone moves along the Gantt chart in an orderly fashion. Here are four ways leveraging change management strategies can help you build a sustainable transformation for your nonprofit finance team.

Finance 92
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9 Tips to Increase Your Chances of Winning a Grant

GrantNews

8 ) Prove You are Responsible with Money How strong is your organization’s structure and finances? Its important to remember that grant funds awarded are most likely to be utilized by an organization to provide needed resources needed to help their community not to help the organization itself to stay afloat or get off the ground.

Grants 113
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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 119