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6 Benefits of Fund Accounting Software for Nonprofits

Nonprofit Tech for Good

Many nonprofits use an accounting approach called fund accounting. of resources more than profitability,?with 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.

Benefit 289
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Elon Musk wants to privatize Amtrak. It would make train travel worse

Fast Company Tech

Musks interest in privatization is another example of the way he has tried to kill government-funded transportation to serve his own interests, notably his Hyperloop project, which undermined high-speed rail efforts in California. The passenger rail service is blamed for failing to show a profit, he wrote.

Training 142
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Fundraising & Public Relations: What’s the Connection?

The Fundraising Authority

If you came into the office and had messages waiting from major funders who wanted to learn more about your organization, and about what your funding needs are? All that can and does happen every day for nonprofits, both large and small, thanks to smart public relations efforts. What Is “Public Relations”? Where Should I Start?

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Meta-funded program teaches tweens about online exploitation

Mashable Tech

The person then threatens to make the picture public unless the victim pays them. Victims of such exploitation often believe they are messaging with another teen and eventually share a graphic or explicit image of themselves.

Teach 111
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Best Practices for Mitigating Fraud in Not-for-Profit Organizations

sgEngage

Regardless of where those funds came from, one thing is certain: not-for-profit (NFP) organizations must maintain the publics trust if they wish to continue receiving donations. Using a fund accounting system built for nonprofits simplifies designating and tracking funder intent.

Profit 64
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Nonprofit Startups: Apply for 501(c)(3) Status or Secure Fiscal Sponsorship?

Nonprofit Tech for Good

Inspiration has struck and you have an amazing, world-changing idea for a public good group that you would like to make a reality. How does someone test an idea for a nonprofit without committing the time, effort, and money to apply for 501(c)(3) status, find a board, and secure long-term funding? Create a for-profit business: The U.S.

Sponsor 339
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Nonprofits get $10 million grant from Google to expand AI

Mashable Tech

Google.org , the tech giant's philanthropic arm, is investing millions of dollars into getting nonprofits up to speed on generative AI , part of a massive funding effort to empower organizations to adopt the tech, including Google 's own AI offerings. SEE ALSO: Character.AI SEE ALSO: Character.AI

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