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Pop the champagne: This year Candid’s grants data set turns 21!

Candid

Candid’s grants data set currently includes comprehensive information about over 30 million grants and other philanthropic transactions, such as pledges, in-kind gifts, program-related investments, etc. This typically resulted in about 900-1,300 funders represented and 100-150k grants collected in a given year.

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Your Unrestricted Funds Need Stewardship, Too

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Even though unrestricted funds don’t have mandates on how they should be spent, tracking and reporting on them is still important for both your donors and for your organization’s financial decision-making. Restricted funds are donations or grants that can only be used for the purposes specified by the funder.

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Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System?

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Grant-funded nonprofits know compliance isn’t a nice-to-have. You might be able to win back an unhappy donor with a new program or event, but grant funders usually don’t get excited about silent auctions. Adhering to requirements and guidelines is how you establish trust with the granting agency so you can get additional funding.

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

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If a government regulation changed or community preferences shifted, would you have time to react? Tip 1: Categorize your revenue types, such as fundraising, grants, and earned income. Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet.

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9 Best Practices for Strong Nonprofit Financial Management

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It involves planning, tracking, and reporting on your income and expenses, as well as ensuring that you comply with the rules and regulations that govern your nonprofit status. You will always get the grant and donors will never churn. In a perfect world, your budget will always be balanced.

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How to Write an Effective Grant Proposal

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In 2020, nonprofits raised around 20% of their income from grants. Grant funds from foundations, government entities, and corporations help nonprofits diversify their income streams. Below, we’ll cover nine best practices and tips on how to write a winning grant proposal. Leverage Language and Formatting From Past Grants.

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The Better FAFSA: What Colleges Need to Know Right Now

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The Free Application for Federal Student Aid—commonly known as FAFSA®—is the form current and prospective college and career school students must fill out each year to qualify for federal financial aid, whether that be in the form of grants, loans, or work-study funds. More information: What’s Changed for the 2024–25 FAFSA® Form?

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