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How to Manage Your Arts and Cultural Nonprofit’s Revenue Streams in Uncertain Times

Blackbaud

Think through your revenue streams—are they tied to similar economic drivers that could affect them all at once? For example, you may have several different grants, but if some of them are backed by federal funds, either directly or as pass-throughs, you could be vulnerable to federal budget cuts that affect your sector.

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A to Z Grant Terminology You’ll Want to Know

Grant Writer Team

However, do you know the A to Z grant terminology needed to convince a prospective donor to fund your project over some other worthy cause? Date of Completion: The designated time funder sponsorship ends and all work on a grant-funded project is completed. Using the funds for another purpose could cause the grant to be rescinded.

Grant 98
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9 Best Practices for Strong Nonprofit Financial Management

Blackbaud

You’ve got to use funds wisely, aligning with your mission and honoring donor intentions. Nonprofit financial management is the process of managing the money that flows through your not-for-profit organization. Each type of funding may have different restrictions, reporting requirements, and expectations from your funders.