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Building Trust and Accountability: A Guide to Nonprofit Internal Controls Policy

Blackbaud

A well-implemented internal control policy. An internal control policy is the backbone of an organizations internal controls a set of rules and processes designed to protect its resources, ensure accurate reporting, and promote operational efficiency. Do All Nonprofit Organizations Need an Internal Control Policy? Absolutely.

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Some of these types can be managed directly within your fund accounting software , such as approval rules to make sure the right people review an expense before its paid. Develop Policies and Procedures: Create written policies and procedures that address identified risks and outline control activities.

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7 Signs Your Organization Is Ready for an Enterprise-Scale CRM

Blackbaud

You Need to Customize Your Workflows and Integrate Systems Growing fundraising teams typically want to leverage custom workflows and integrate with related software systems like those used by finance and digital marketing. Free Resource Enterprise Nonprofit CRM Evaluation Guide Download now 4.

CRM
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Understanding Endowments: Purpose, Protection, and Stewardship

Blackbaud

In this blog post, you’ll get a breakdown of what endowments are and why it’s important for your financial team to understand those obligations to your donors and to your organization’s long-term financial stability. The Role of Spending Policies Organizations establish spending policies to ensure that endowment funds are used wisely.

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Nonprofit advocacy: 5 strategies for successful campaigns

Bonterra

Whether you’re raising awareness, influencing policy, or mobilizing supporters, successful advocacy requires more than one-off actions; it takes strategic, personalized engagement across the entire supporter journey. That’s why the right nonprofit advocacy software should do more than send emails or host petitions.

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8 Tips for Supporting Your Grantees After a Significant Award

Blackbaud

In addition to crafting the Investment Policy Statement and Spending Policy, the Investment Committee should set a fiduciary calendar, so everyone knows when to expect updates on investments, reviews of operating reserves , and similar topics.

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4 Common Pitfalls in the Grant Review Process (and How to Avoid Them)

Blackbaud

Technology Limitations Whether your reviewers arent comfortable with your systems or your technology creates more roadblocks than workflows, software limitations can slow down your decision-making process. This could be a good use case for a generative AI tool (just make sure you have a good AI policy in place first).