Blackbaud

JUNE 3, 2025

The Importance of Transparency in K12 Private School Business Offices Transparency is the foundation of trust, and when it comes to managing your schools finances, it matters to your families more than you might think. By simplifying your operations, you help families stay informed, reduce confusion, and build trust.

Finance

Blackbaud

JULY 8, 2025

Limited budgets, complex grant requirements, and fluctuating revenue streams can make managing finances a significant challenge. For organizations on very tight budgets, even part-time services might strain financial resources. Nonprofit leaders often grapple with achieving their mission while maintaining financial stability.

Finance

DoJiggy

DECEMBER 17, 2024

Step 3: Create a Business Plan and Budget You’ll need to develop a business plan to start an animal rescue. Budget and Expenses Outline your expected costs, including the facility, animal care, administrative, and fundraising expenses. Adoption Agreements Draft a contract with guidelines for pet care and return policies.

Policy

Wild Apricot

JULY 23, 2025

Sticking to an event budget. Why Use an Event Budget Template It seems as though events season is always upon us. Whether you’re planning a big trade expo or your annual member’s luncheon, event budgeting crucial for mission-driven organizations. Here’s two budget templates to make your own!

Template

Blackbaud

MAY 6, 2024

Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put it together. But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy.

Budget

Get Fully Funded

MARCH 20, 2023

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. Without a budget, you can find yourself in deep water, fast, with more money going out than coming in.

Budget

GrantNews

DECEMBER 5, 2023

Considering that most nonprofits seeking grant funding have limited budgets, it is vital to their fundraising goals to ensure that they are utilizing their resources as efficiently as possible to ensure their best possible chances of success. Below is a sample list of grants and contracts currently offering an RFP. And the best part?

LOI

Blackbaud

NOVEMBER 6, 2023

There was a time when you had to find one single solution that hopefully met the majority of your needs and priorities, which often meant you were stuck in a binding contract for years. Having the bandwidth, skills, and budget to create a custom software solution is not something nonprofits often have the privilege of doing.

Funding

Blackbaud

AUGUST 12, 2024

Nonprofit financial management also includes the structures and workflows that enable your finance team to operate efficiently and effectively. In a perfect world, your budget will always be balanced. You will always get the grant and donors will never churn. This will help you comply with audit requirements and funder expectations.

Management

Blackbaud

MAY 3, 2024

Fund accounting software with sub-fund capabilities makes it easy to manage multiple budget scenarios, understand encumbrances, and automate your internal controls for the highest level of accuracy and transparency. Separate budgets and multi-scenario budgets With dynamic funding and multiple lines of service, your budget is never final.

Funding

Blackbaud

MARCH 7, 2024

Often, this leads to large audit adjustments, budget vs actual reporting difficulties, and other funding challenges. The Financial Accounting Standards Board (FASB) introduces guidelines on how nonprofits should handle grants and contracts, and these updates help nonprofits report their finances accurately and in a standard manner.

Finance

Tech Soup

JANUARY 29, 2015

Ghaffari laid out a hypothetical situation: Imagine a homeless shelter funded through two contracts, one from HUD and the other from the City of San Francisco. The combination of the two contracts do not provide sufficient funding to carry out this program. Budgeting, fiscal policies, and internal control resources.

Indirect Cost

Assel Grant Services

OCTOBER 6, 2024

As a result, evaluation costs fluctuate, and the conventional guidance to devote 10% of the program budget to evaluation isn’t always accurate, at least for federal grant programs. There are three primary factors that influence the evaluation budget: program, evaluation design, and reporting/dissemination.

Budget

Blackbaud

FEBRUARY 12, 2024

With these restrictions already noted and documented on your subfund record, you don’t have to worry about manually entering them each year and can run better budgeting scenarios. You easily stay aligned with donor restrictions without building a new project or record every fiscal year.

Software

Grant Professionals Association

OCTOBER 9, 2024

The budget portion of grants are written based on today’s pricing for funding that may not come to fruition for six months (or longer). The grantee coordinated with the finance department and the grantors to make sure everyone was on the same page. Many of us recall Cuba Gooding’s iconic words in the movie Jerry McGuire.

Ethics

Grant Training Center

FEBRUARY 1, 2021

The Small Business Innovation Research Program (SBIR) and the Small Business Technology Transfer Program (STTR) are the best mechanisms toward this effort and are often referred to as the nation’s largest sources of early stage/high risk funding for start-ups, small businesses, and sub-contracting agencies (usually higher education).

Contract

Blue Avocado

JANUARY 30, 2024

As we’re all probably aware, the grant application usually begins with the detailed conceptualization of the project, followed by the creation of a budget and narrative. On most application budgets, M&G is the last line item and is calculated by multiplying the organization-wide M&G rate by the project’s total expense.

Applicant

Grant Writing Made Easy

DECEMBER 17, 2022

Your Client & Subcontractor Contracts. Use our contract templates, designed by an attorney who has represented clients in business law for the last 30 years. Your Budget, Cashflow, and Profit First Spreadsheets. This will revolutionize your finances, guaranteed. And track that *ish weekly! Your Boss Manifesto.

Grant Writing

The NonProfit Times

OCTOBER 7, 2024

That said, there are a handful of universal best practices: * Written Agreement: The rights and responsibilities of both the project and sponsor should be included in a written contract. prohibited illegal conduct or conduct related to civil disobedience), these restrictions should be clearly communicated by contract.

Contract

CauseVox

APRIL 29, 2021

If you need guidance, work with whoever’s in charge of finances to get a copy of the budget. For example, if your total operating budget is $250,500 and you have $25,000 in government grants, $20,000 in foundation grants, and another $50,000 in pledges already committed, you must raise an additional $155,500 through other fundraisers.

Calendar

Get Fully Funded

MAY 8, 2023

But it’s best to handle your finances right from the get-go. You’ll need detailed lists of expenses and revenue when it comes time for budgeting for the next year. And financial breakdowns are helpful as you manage your finances each month, especially when funds are tight and you need to see exactly where every penny is going.

Nonprofit

CauseVox

JULY 13, 2021

In recent years, pledges have fallen out of fashion: it harkens back to a grassroots style of community-based fundraising, a handshake contract in a digital world. Who doesn’t want the boost of knowing you’re donating a major amount with the budget impact of just a hundred bucks or so? New Fundraising Opportunities Snd Financing.

Donation

Assel Grant Services

SEPTEMBER 23, 2024

finance staff, grant writers, program staff, consultants, and grant administrators). There are many nuances to indirect costs that an organization should be aware of and consider if they choose to request within grant budgets. NGMA divides the grant lifecycle into three phases: pre-award, award, and post-award.

Indirect Cost

Peak Proposals

DECEMBER 22, 2019

Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Funders have different budgets, funding priorities, and missions. Understanding Proposal Budgets When you search for potential funders, it is beneficial to have a sense of how much your project will cost.

Funding

Blackbaud

FEBRUARY 6, 2025

How to do it Assess your grant or contract language to identify which programs could be impacted by the changes in federal funding. For each grant, estimate how much of the total grant or contract might be affected, and work with your program staff to document the impact on programs and services.

Funding