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How to Minimize Risk Throughout Your Grant Cycle

Blackbaud

There are millions of wonderful nonprofit organizations working to make this world a better place. 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.

Grant 111
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Why You Should Run Your Nonprofit Like a Business

Get Fully Funded

You started your nonprofit because you saw a need in your community and felt inspired to meet that need. But doing good doesn’t pay the nonprofit’s bills, unfortunately. To make this happen, you MUST think of your nonprofit like a business — and run it that way. And you need policies, procedures, and processes.

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Standing Up A New Grants Management Function

The NonProfit Times

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. It tells you exactly what grant-specific policies and procedures you need to develop.

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The Small Nonprofit’s Guide to Budgeting

Get Fully Funded

Nonprofit budget. Yet a budget is a critical tool in managing your organization. And way too many small nonprofits operate without one. A nonprofit budget can bring so many positives: Finances are much easier to manage because you know what expenses and revenue to expect. and no organizational budget.

Budget 98
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Standing Up a New Grants Management Function

Grant Professionals Association

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. It tells exactly what grant-specific policies and procedures you need to develop.