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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

sgEngage

And payroll and grant reporting are two areas of your financial processes where accuracy is non-negotiable. You want your staff paid fairly, and you want to maintain good relationships with your grant funders. But allocating your payroll and time to your grants can be a cumbersome, manual, and time-intensive process.

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Trends in education funding’s share of philanthropic giving 

Candid

Between 2015 and 2022, education nonprofits consistently received the largest percentage of total grant dollars from institutional grantmakersan average of 27%followed by health (21%) and public benefit organizations (19%). Among individual donors, the share of dollars directed to education also declined, from 20% to 19%.

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A crash course on trends analysis using Candid’s Foundation 1000 data set 

Candid

One of the most common reasons people analyze Candid’s grant data is to understand year-over-year giving trends in the sector. At Candid, we collect data on millions of grants and other transactions awarded by hundreds of thousands of funders across the globe. Instead, we rely on a data set called the Foundation 1000.

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I Signed up for What?! A Primer for Pre- and Post-Award Grant Readiness

sgEngage

Understand Your Organization’s Capacity Your organization should consider these four components before applying for any grant, especially those connected to federal dollars. Risk Analysis – what could threaten the project or the organization? Program Analysis – what will happen to the program to accommodate the growth?

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Learning from peers to refine your nonprofit funding strategy

Candid

These include categories like grants, donations from individuals, support from companies, and earned income from services or products. This historical analysis is valuable but time-intensive, so you might focus on a few organizations with similarities that are of particular interest.

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Where do foundations stand on AI-generated grant proposals?

Candid

Greg Stanley at PEAK Grantmaking has argued that generative AI tools can streamline the grant application process by enabling grantmakers to summarize, categorize, and pre-screen applications and by making it easier for grantseekers to fill out application forms. Where do foundations stand on AI-generated grant applications?

Grant 111
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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

sgEngage

Grant funding looks beautiful in your income statement, but if you’re not careful, the reporting requirements can be prickly. In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding.

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