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How to Develop Your Nonprofit Operating Reserves

Blackbaud

When you work for a nonprofit organization, you dont hope for a period of unexpected demand or income fluctuations. Operating reserves provide a financial cushion to help nonprofit organizations weather economic uncertainty and make stronger strategic decisions. Still not sure if an operating reserve is right for your nonprofit?

Contracts 102
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With the rise of AI, Candid continues delivering philanthropy news with context 

Candid

Since 1995, Candids Philanthropy News Digest has kept readers informed about the priorities of grantmakers, the activities of nonprofits, and evolving trends across the sector. They evaluate the provenance of the information we publish, ensuring that it is timely, correct, truthful, and well sourced.

AI 52
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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Calculating indirect costs can be challenging. This post was originally published in March 2015 and updated in April 2024. Do we have the funds this year to maintain our programs? And what do we do if the answer is “no”?

Finance 118
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Debunking Myths About Nonprofits – Let’s Make Sure to Get the Facts

GrantNews

Debunking myths about nonprofits means making sure to get the facts straight about nonprofits. One of the favorite myths about nonprofits is the idea that they are ‘nice to have’ because they ‘do good things.’ One of every 10 employees works for a nonprofit organization.

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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. Over the last quarter-century PlannedGiving.com has delivered thousands of planned giving websites for nonprofits both large and small. A On the positive side, more and more nonprofits are realizing the importance of planned giving.

Indirect 111
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The Overhead Solution: A New Nonprofit Pride Movement

Tech Soup

Think of the words "overhead" and "nonprofits" and what comes to mind? If the nonprofit sector is going to change the conversation about overhead, the sector first needs to foster a more honest discussion about responsible accounting. " Accounting Resources for Nonprofits. For example, Ms.

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Is There Any Grant Money?

Tech Soup

Talk to anyone associated with a nonprofit organization, and they will tell you that there isn't enough grant money. " With just 21 percent of respondents reporting general support as their largest award type, grant funding for indirect/administrative costs is a continued challenge to organizations. percent in 2017 and by 6.0