The NonProfit Times

JULY 9, 2024

By Shavonn Richardson, MBA, GPC There’s nothing quick about the grants process. While grants might constitute a significant revenue stream for some organizations, relying solely on them is imprudent. The grant process, from research to application and eventual funding confirmation, is often protracted.

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Grant Process Proposal Application 52

sgEngage

MARCH 21, 2024

Any major project—such as implementing new fund accounting software—needs a well-developed charter to keep stakeholders focused on the goals and desired outcome. A project charter is a brief, formal document that concisely articulates the essential details of the project, such as its purpose, scope, goals, and contributors.

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Project Fund Software Help 100

sgEngage

APRIL 2, 2024

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

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Grant Fund Report Software 102

sgEngage

MAY 3, 2024

With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. And with that form of funding comes significant compliance requirements. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

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Fund Report Community Grant 86

sgEngage

MAY 27, 2022

Process automation can be scary for nonprofits because it can feel like you are giving up some control. But implementing automated processes can help you ensure consistent controls and set your organization up for growth. Making the Case for Automation in Nonprofit Organizations. The average U.S. Automation.

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Process API San Diego Nonprofit 78

sgEngage

SEPTEMBER 19, 2024

But it’s never a good plan when you are managing accounts payable for your nonprofit organization. Consistent AP processes keep data accurate, approvals moving quickly, and your month-end close stress-free. Here is why you need accounts payable policies for nonprofits and how you can design them to scale with your organization.

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Policy Develop Guidelines Nonprofit 82

sgEngage

MAY 27, 2024

You want to document your process to save yourself valuable time next budget season. With all the spreadsheet juggling that comes with budget season, it’s easy to forget the primary goal of your organization’s budget: to gain visibility into your organization’s finances and plan for the future. What if it raises more?

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Fund Software Comparison Grant 59

sgEngage

AUGUST 29, 2022

Implementing a robust and modern fund accounting system can save your team time, make reporting faster, and give you more opportunity to focus on impactful work. But introducing a new fund accounting system can be a sizable undertaking—even when you know it will be worth it. Mindset: A Critical Tool in Your Implementation Toolbox.

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Fund System Practice Free 79

sgEngage

JULY 31, 2024

Then, you must be realistic about how it will come about, which is likely one of four ways: From a devoted donor who has given to your organization for 20 years or more and has come to see it as a proxy for their purposes and values (and are most likely to give that amount late in life or through an estate commitment). .”

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Donation Organization Gift Donor 88

sgEngage

APRIL 23, 2024

There are millions of wonderful nonprofit organizations working to make this world a better place. Even though these instances are few and far between, your grantmaking organization needs to be prepared. Encourage Grantee Internal Controls All well-run organizations have standard best practices that employees follow.

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Grant Policy International Application 102

Nonprofit Tech for Good

FEBRUARY 6, 2022

Keep reading this Ultimate Guide to Accounting Software for Nonprofits to learn what makes accounting for nonprofits unique and get tips on choosing the best accounting software for your organization. Others receive grant funding from governmental agencies, private foundations, and community funds.

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Software Guide Award Grant 287

Neon CRM

AUGUST 23, 2023

In this article, we’ll cover the ins and outs of credit card processing for nonprofits, what you should look for in a payment solution, and how to set one up. E-checks: Electronic checks provide a secure way to transfer funds from bank accounts. The funds have been transferred. What Payment Types Require a Processor?

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Process Guide Paypal Nonprofit 52

Bloomerang

MAY 19, 2023

Grants can be a wonderful vehicle to fund a new program or expand an existing one; however, if your organization is new to the “grant world,” you may be unfamiliar with the work involved with both applying and managing grants. Is that the case with your organization? Assessing Readiness to Apply for Grants 1.

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Grant Organization Proposal Evaluation 87

sgEngage

FEBRUARY 12, 2024

Grant-funded nonprofits know compliance isn’t a nice-to-have. If all your Ts aren’t crossed and your Is aren’t dotted on your grant reporting, your chances of repeat funding from that entity are low. When your accounting system is not built to handle restricted funding , each report can feel like a fire drill. It’s a must-have.

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System Grant Chart Fund 79

sgEngage

JUNE 16, 2022

Without clear insight into the available funds earmarked for charitable arms of larger organizations, it’s difficult to see the complete picture of their financial standing. And it usually resides within the parent organization, making the reports harder to access on a regular basis.

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Fund Management Cancer Foundation 80

Get Fully Funded

JULY 13, 2021

You may need to get rid of sticky notes and embrace digital tools, better time management, and more efficient processes. We all have our own way of doing things, but sometimes our work outgrows our organization methods. Forms are a great way for volunteers to express interest in being part of your organization and to RSVP to an event.

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Product Organization Doc Calendar 124

Bloomerang

SEPTEMBER 4, 2024

Organizations need to adapt quickly to survive, and a long-term plan often becomes a liability and burden rather than a guide and roadmap. The pitfalls of the five-year plan The allure of the five-year plan stems from an era dominated by large organizations like IBM, The Nature Conservancy, and large city governments.

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Conservancy Review Goal Mind 90

sgEngage

SEPTEMBER 8, 2021

The growth in Employee Relief Funds (ERFs) exploded in the spring of 2020 as Covid-19 began to affect companies and their employees around the globe. This blog is based on LBG Associates’ and LBG Research Institute’s latest landmark study called Secrets to Building an Effective and Sustainable Employee Relief Fund. Source of Funding.

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Fund Challenge Disaster Companies 75

sgEngage

AUGUST 30, 2021

Many organizations want to help their own during tough times. Relief funds offer a vehicle to provide much-needed financial assistance to individuals during unforeseen disasters and personal hardships. A tax-exempt relief fund’s charitable class is the group of individuals who are eligible to apply for and receive a grant.

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Disaster Fund Guide Classes 102

Kindful

AUGUST 9, 2021

Foundations in the United States focus their funding priorities on many different issues. If your nonprofit is seeking funding, it’s critical to identify the foundations whose interests and funding priorities align with your own. Funding Priority: Education. Global Fund For Children. Daniels Fund.

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Education Grant Fund Resource 111

sgEngage

JANUARY 17, 2024

Changing a core piece of software at your grantmaking organization is no picnic. If it’s time for you to start looking for a new grant management system, use this opportunity to evaluate your processes, figure out what needs to change, and find a solution that can growth with your organization.

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Grant System Foundation Management 84

EveryAction

NOVEMBER 9, 2022

An RFP, or a request for proposals, is a process disguised as a document. While an RFP may look like a regular document with a list of things to do and brainstorm, an effective one breaks down a project (usually a big one) into parts and set out dates and milestones to get that project done. Outline your ideal process.

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Action Proposal Nonprofit Consultant 199

sgEngage

DECEMBER 20, 2023

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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Foundation Build Grant Fund 91

sgEngage

AUGUST 12, 2024

You’ve got to use funds wisely, aligning with your mission and honoring donor intentions. They help your organization measure impact, follow regulations, and show donors you’re on top of the needs of your community. Here are 9 best practices to help your organization develop strong nonprofit financial management.

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Practice Management Fund Nonprofit 93

Candid

AUGUST 29, 2024

Four common grant proposal documents (free samples included). There are four major types of grant proposal documents: letters of inquiry, cover letters, proposal budget, and full grant proposal. This article breaks down their key components and links to free sample resources so you can see what a successful document looks like.

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Grant Tips Proposal Sample 59

sgEngage

JANUARY 19, 2023

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.

Foundation 88

Foundation Build Fund Review 88

sgEngage

AUGUST 20, 2024

Whether you want to hear about product updates like automated payments and AI or brush up on fund accounting best practices, you don’t want to miss these bbcon 2024 financial management sessions. They will also touch on the developments happening with AI-powered document intelligence that will make invoice scanning and automation a breeze.

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Team Blackbaud Grant Virtual 90

sgEngage

APRIL 12, 2023

Very few people enjoy being on the organization side of a nonprofit financial audit. By taking these steps early in your audit process, you can make your remote audit seamless and almost painless. It’s important to find an auditor who is engaged in the process, and that you enjoy working with.

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Review Fund Nonprofit Software 75

sgEngage

APRIL 26, 2024

In recent years, relationships between nonprofit organizations and their auditors have seen positive change. Audit teams would then be caught off guard, unaware of either newly implemented accounting systems, new chart of accounts, or changes in processes and management roles.

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Relationship Practice Build Evaluation 105

sgEngage

MAY 15, 2024

In early 2022, the Center for Disaster Philanthropy began an organization-wide grants change management review. The goal was to become better grantmakers by completing a review of our practices, processes and forms. In addition to the grantmaking team, consult a representative from each department early in the process.

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Change Management Disaster Change Management 105

Candid

DECEMBER 19, 2023

It also provides best practices and helpful resources to guide your efforts towards every nonprofit’s desired destination: grant funding to support your mission-driven work. Wynne shares what a Candid Seal of Transparency is and how your organization can benefit from earning one. The ABCs of DAFs: What is a donor-advised fund?

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Proposal Grant Sample Google 101

sgEngage

NOVEMBER 20, 2023

If your organization is still claiming tax-exempt status, you need to file your 990. 990-EZ: The short-form version is for organizations whose gross receipts were less than $200,000 and the total assets at the end of the year were less than $500,000. For example, a small organization that qualifies for a 990-N can file a 990-EZ.

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Files Fund Activities Activism 67

sgEngage

SEPTEMBER 22, 2021

While these efforts often include prioritizing environmentally friendly work practices or committing to offering fair wages to employees, corporate philanthropy has to do with supporting nonprofit organizations via charitable donations of funds, time, and/or resources. Volunteer grants. Data-Driven Industry Insights.

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Philanthropy Organization Gift Donation 90

Whole Whale

AUGUST 27, 2024

While Square is primarily designed for businesses, its flexibility, ease of use, and secure payment processing make it a compelling option for nonprofits looking to enhance their fundraising efforts. But why should your organization use Square? This instant feedback also helps to build trust and enhance the donor experience.

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Donation Guide Nonprofit Tools 98

sgEngage

JANUARY 13, 2023

Operations at Headwaters Foundation for Justice , a foundation that invests in grassroots organizations across Minnesota, were humming along well. The social justice organization supported Black and Indigenous people through grantmaking with an annual budget between $2 million and $3 million. Inadequate Processes.

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Philanthropy Community Time Blackbaud 92

sgEngage

JANUARY 15, 2024

Grant writers are often the unsung heroes of the application process. They parse the grant documentation to understand if their organization is a good fit, they gather information from throughout the organization, and they mold it into an engaging story about the important work the organization is doing.

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Application Grant Help Blackbaud 99

NonProfit Hub

JUNE 24, 2021

Grantors can often be long-term relationships that have lasting impacts on organizations and the communities they serve. However, grant funding is an exercise in patience. Unfortunately, there is a lot that goes into being ready for funders to even consider your organization’s application. Are you ready?

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Grant Fund Proposal Exercise 48