Remove Funding Remove Indirect Remove Insurance
article thumbnail

Your Unrestricted Funds Need Stewardship, Too

Blackbaud

All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds? What are Unrestricted Funds?

Funding 90
article thumbnail

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

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Get Started with a Major Gifts Campaign

Get Fully Funded

You have programs that need to be funded, special projects to undertake and maybe equipment or vehicles you’d like to have. Sometimes you can get a foundation to fund those particular needs, but most of the time, the most effective and efficient use of your time is creating a major gifts campaign to raise that money.

article thumbnail

How to Get Started with a Major Gifts Campaign

Get Fully Funded

You have programs that need to be funded, special projects to undertake and maybe equipment or vehicles you’d like to have. Sometimes you can get a foundation to fund those particular needs, but most of the time, the most effective and efficient use of your time is creating a major gifts campaign to raise that money.

article thumbnail

Introduction to Nonprofit Program Budgets

Grant Writing Made Easy

Indirect Expenses: These include administrative and overhead costs, all the costs of all departments outside of the program department, such as finance, human resources, and development. Revenue: All the funding coming in that you’re allocating to the program. For example, if they ask for matching funds, include those.

Budget 98
article thumbnail

The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

But your goal should be to spend appropriately on fundraising so you can bring in the money you need to fully fund your programs. Your fundraising spending should be the right amount to fully fund your budget without wasting money on ineffective strategies. Donor management software and other technology tools used for raising funds.

article thumbnail

Finding Funding for Research

Peak Proposals

The topic is research funding. Through our work in grant development, we’ve met many faculty members who have not received training on how to find funding or write grant proposals. In this post, we share what we’ve learned about finding research funding based on our experience working with faculty at US-based universities.

Funding 52