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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

Those low-cost tools can be a great way to launch and gain momentum, but there comes a point for every nonprofit when the time it takes to manage your fund accounting workarounds outweighs the cost of upgrading your system. It may be time to look for a fund accounting system with subfund capabilities when you notice these three signs.

Finance 105
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How to Minimize Risk Throughout Your Grant Cycle

Blackbaud

Here are some of the internal controls your grantees should have: Formal Written Policies and Procedures You want to make sure your grantees have documented and defined ways of managing and tracking the funds they receive. How do you minimize the time between requesting grant funds and paying vendors? How do you track time and effort?

Grant 111
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Standing Up A New Grants Management Function

The NonProfit Times

Grant readiness is your organization’s ability to apply for, manage and report on funding. Some elements of grant readiness are having 501c3 paperwork, a board of trustees, a bank account, organizational budget, accounting staff, mission/vision statements and staff capacity and experience to handle a project.

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Standing Up a New Grants Management Function

Grant Professionals Association

I have been in chat rooms and webinars with people who are new to the grants profession and have been asked to stand up the grants management function for their organization. But managing publicly funded grants is not the same. But managing publicly funded grants is not the same. Attend every free webinar you can find.

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3 Grantseeking Trends Your Organization Should Know About

Tech Soup

We all ask ourselves these questions: Who will fund my organization? What is a reasonable level of funding to expect for my organization? Does my budget, location, or mission affect my organization's ability to be awarded grants? One of the most notable changes is the increase in the rate of funding. Register Now.