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The Future of Funding: Nonprofit Grant Management Software Trends

Nonprofit Tech for Good

As a nonprofit organization, securing funding is essential to fulfilling your mission and driving meaningful change in your community. Come along with us as we explore how nonprofit grant management software is evolving and what cool new things it can do to help organizations like yours get and use funding to make a real difference.

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Google Grant Application: A Nonprofit’s Guide to Applying

Nonprofits Source

While it’s an incredible marketing opportunity, the Google Grant application process can be lengthy, which might turn your nonprofit off from applying. However, the free funding is undoubtedly worth it! Plus, once you’re approved, you’ll never have to fill out the Google Grant application again.

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Is your nonprofit organization ‘grant-ready’? 

Candid

In 2022, foundation funding accounted for about $105.21 As a share of all revenue streams, including government funding, program revenue, and investment income, foundation and corporate grants made up 15.3%. If you need funds immediately, a grant probably isn’t going to come through in time. Do you have a track record?

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

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5 Key Differentiators to Look for in Your Nonprofit CRM

Nonprofit Tech for Good

Does integrate with existing applications your staff uses everyday like Microsoft Office365 ? Does the platform provide powerful tools for data analysis, insight and built-in reporting for nonprofit metrics? 3) Tracking the Donor Journey or Donor Funnel. Does the platform integrate with your existing infrastructure?

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What is Grant Management?

sgEngage

Grant management is the comprehensive process of overseeing all activities related to grants: from identifying recipients, to awarding funds, to reporting on outcomes all while maintaining compliance with regulatory requirements. Awarding Funds Awarding funds involves disbursing the grant money to the successful grantees.

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7 Database Goals for Your Independent School’s Capital Campaign

sgEngage

Work closely with administrators to identify reports that need to be run and the metrics to track during the campaign, which will inform your fund setup and gift entry process. Fine-tune your fund setup. It is also directly related to the fund cash flow reports your finance office depends on. Document as you go.