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Ultimate Guide to the Community Services Recovery Fund

CauseVox

The Government of Canada has rallied behind nonprofits with its historic Community Services Recovery Fund. Sign up for Community Services Recovery Fund tips and updates: We will be launching free resources to help with the application process in the coming days and weeks. Applications are due on February 21, 2023.

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3 Steps to Create a Sustainable Nonprofit Operating Budget

Greater Giving

Diversify Your Revenue Streams 3. Since it’s often easier to predict expenses than revenue, and your projected costs will inform your funding goals, let’s begin by discussing how to create the expense side of your budget. Treat the 65/35 “rule” as a guideline to put as much of your nonprofit’s funding toward your programs as possible.

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9 Best Practices for Strong Nonprofit Financial Management

sgEngage

You’ve got to use funds wisely, aligning with your mission and honoring donor intentions. Know Your Funding Types One of the first steps to strong nonprofit financial management is to understand your funding sources and how they affect your financial planning and reporting. Smart money moves are vital for nonprofits.

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How to Start a Volunteer Program: 12 Steps for Success

Bloomerang

If so, you may be interested in starting a volunteer program. Volunteers provide nonprofits with the on-the-ground support they need to further their missions, whether that means helping to build homes, providing meals for food-insecure families, mentoring local youths, or cleaning up trash at local parks. Define your volunteer roles.

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5 Strategic Steps To Mastering The Grants Process

The NonProfit Times

While grants might constitute a significant revenue stream for some organizations, relying solely on them is imprudent. Diversifying funding sources, including fundraising, in-kind donations, individual contributions, volunteers, and event sponsorships, is crucial for financial resilience.

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10 Types of Workplace Giving Programs Nonprofits Should Know

Nonprofits Source

These programs represent an invaluable opportunity to tap into consistent funding and build long-term relationships with companies and their employees. How This Workplace Giving Program Benefits Fundraisers: Matching gifts significantly boost donation revenue without requiring donors to contribute additional funds.

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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Instead of generating a profit that can be disbursed to shareholders or reinvested in the business, nonprofits funnel their revenue into things like research funding, program expenses, outreach, and work that directly impacts their mission. Others receive grant funding from governmental agencies, private foundations, and community funds.

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