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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 98
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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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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.

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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 111
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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.

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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.

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How to Start a Planned Giving Program: A Comprehensive Guide

Center for Major Gifts

If you’re ready to go beyond annual giving and unlock a more sustainable future through legacy gifts, read on. In this comprehensive guide, we’ll walk you through the entire process of starting a planned giving program. Bequests A bequest is simply a term for a gift made through a will.