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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Do we have the funds this year to maintain our programs? Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Calculating indirect costs can be challenging. This post was originally published in March 2015 and updated in April 2024.

Finance 104
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Debunking Myths About Nonprofits – Let’s Make Sure to Get the Facts

GrantNews

In fact, we think this is such a crucial part of grant funding that we identify over 6,000 grants in our grant listing directory in a special Grants for Nonprofits tab at the top of its webpage! Nonprofits can make a profit and should try to have some level of positive revenue to build a reserve fund to ensure sustainability.

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Is There Any Grant Money?

Tech Soup

And this increase is of vital importance given the uncertain future of government funding levels. Be aware that grant funding is available. Private foundations continue to be a funding source for most respondents; 81 percent of respondents reported that they received awards from private foundations. percent in 2017 and by 6.0

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Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

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. However, nonprofits like yours can’t turn a profit by definition—all of the funding you bring in has to be reinvested into your organization.

Policy 52
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The Overhead Solution: A New Nonprofit Pride Movement

Tech Soup

The CEOs of BBB Wise Giving Alliance, Charity Navigator, and GuideStar USA published a second open letter last year with the express goal to "crush" the overhead myth, the idea that overhead ratios should serve as the sole basis for evaluating nonprofit performance. If so, you've fallen victim to the overhead myth.

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Questions to Ask Before Responding to a Funding Opportunity

Peak Proposals

When you come across a funding opportunity that looks like it is a good fit, it can be tempting to start work on it immediately, especially if the deadline is only a few weeks away. SCOPE Issues of scope—or the boundaries of what the funder intends or is willing to fund—tend to be opportunity specific.

Funding 40
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Up Close and Personal with Viken Mikaelian

Planned Giving

Viken Mikaelian is the CEO of PlannedGiving.com and Publisher of Giving Tomorrow Magazine. Undeterred by her connection to Yale, Gary asked her to consider leaving some of the proceeds from her TIAA CREF retirement fund to the college where he worked. He was widely published in peer-reviewed medical journals. Look at Pepsi.

Indirect 111