Remove Pass-Through Remove Readiness Remove Software
article thumbnail

5 Ways Fund Accounting Simplifies Food Bank Reporting

Blackbaud

Your food bank needs accounting software that can help you manage a variety of funding sources while also helping you make strategic, data-driven decisions based on inventory and forecasted community demand. Tracking one grant award outside of your accounting software is not ideal, but manageable. It’s several.

Funding 96
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Need a New Grant Management System? 5 Tips for Selecting the Best GMS for Your Foundation

Blackbaud

Changing a core piece of software at your grantmaking organization is no picnic. But inertia is not an option when your grant programs outgrow your current solution, or your vendor sunsets the software you use, like Salesforce is doing with their grant management software, FoundationConnect.

article thumbnail

Your Unrestricted Funds Need Stewardship, Too

Blackbaud

A lot of individual donations, like ones that come through your organization’s website or through the Annual Fund, are often unrestricted. Trust-Based Philanthropy puts relationships at the center of a donor’s giving and encourages the donor to do the research instead of having the nonprofit jump through hoops for funding.

Funding 110
article thumbnail

Get Cybersecurity Right for Your Low-Code/No-Code Projects

Blackbaud

The low-code, no-code revolution has made it possible for anyone at your organization to create software applications without all the extra overhead of traditional software development. I’m a product manager, so I have the privilege of being on a team producing software every day. Unlike low-code, it’s a complicated process.

article thumbnail

9 Best Practices for Strong Nonprofit Financial Management

Blackbaud

Nonprofit financial management is the process of managing the money that flows through your not-for-profit organization. How to do it Pull a list of your income sources from your accounting system or fundraising software. Use fund accounting software that can handle multiple funds and sub-funds.

article thumbnail

APIs for Nonprofits 101: How to Share Data Between Systems

Tech Soup

Your nonprofit is getting ready to lead an important advocacy campaign: a key bill central to your mission has just been introduced in the state legislature, but the process of getting it passed is fraught with uncertainty. An increasing number of software tools and systems are offering and supporting APIs.

CRM 67