article thumbnail

5 Ways Nonprofits Can Diversify Funding in 2023

Nonprofit Tech for Good

Diversifying your funding is critical to your nonprofit’s stability and ability to achieve your mission. With the ups and downs of the past few years, many nonprofit organizations that were heavily dependent on just one or two funding sources found themselves in a tight spot. Peer-to-Peer and Team Fundraising. Major Gifts.

Fund 322
article thumbnail

The Ultimate Guide to Donor-Advised Funds

NonProfit PRO

The number of donor-advised fund accounts in the U.S. surpassed 1 million in 2020, and grants to charities from the 10 largest donor-advised fund sponsors totaled 22.41 So, let's dive into how donor-advised funds can help you with your overall fundraising strategy.

Fund 277
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Benefits of Fund Accounting Software for Nonprofits

Nonprofit Tech for Good

Many nonprofits use an accounting approach called fund accounting. Fund accounting also requires specific industry expertise, knowledge and experience to bridge the gap between tracking the use of funds and generating GAAP financial statements that focus on the changes in net assets. This method?focuses?on on the use?of

Fund 284
article thumbnail

Overflow Announces Close of $20M Series B Funding Round

NonProfit PRO

Overflow announced the successful closure of its $20 million Series B funding round, which was led by the Wesleyan Investment Foundation.

Fund 264
article thumbnail

6 Steps to Establishing a Donor-Advised Fund Strategy

NonProfit PRO

Here are the six key steps she suggested nonprofits should take to create a donor-advised fund (DAF) strategy. Vicky Kelberer, research and strategy group manager at Vanguard Charitable, kicked off NonProfit PRO's NonProfit POWER event yesterday with a keynote address.

Fund 312
article thumbnail

Study: With Donor-Advised Funds, Unexpected Giving Leads Donors to Expand Their Philanthropy

NonProfit PRO

A new study on donor-advised funds revealed increased long-term and responsive giving, as well as other donor behaviors and sentiments.

Studies 278
article thumbnail

AmeriCorps Announces Volunteer Generation Fund Grant Competition

NonProfit PRO

AmeriCorps released a notice of funding opportunity for the fiscal year 2023 Volunteer Generation Fund. The Volunteer Generation Fund, open to State Service Commissions, local nonprofit, community, faith-based, tribal, state, and local governments and schools, focuses on investments for volunteer management practices.

Americorp 242