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How to Develop Your Nonprofit Operating Reserves

Blackbaud

When you work for a nonprofit organization, you dont hope for a period of unexpected demand or income fluctuations. Operating reserves provide a financial cushion to help nonprofit organizations weather economic uncertainty and make stronger strategic decisions. Still not sure if an operating reserve is right for your nonprofit?

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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

As a nonprofit finance professional, you want all your data to be accurate. Keep reading for actionable tips to improve your allocation processes and avoid issues common to managing your nonprofit payroll and time tracking for grant reporting. Maintaining compliance can protect existing funding, as well.

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Developing a nonprofit budget: The basics and best practices

Candid

Building a nonprofit budget can be intimidating, not only for new projects or organizations but for all nonprofits when the fundraising outlook is uncertain. Yet, a challenging environment makes developing a strong, credible budget even more important. Introduction to project budgets, and Creating a Sound Proposal Budget.

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Tips For Maximizing Grant Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofits growth, and it starts with crafting a well-planned and realistic budget. Before diving into the budgeting process, its essential for nonprofit managers to thoroughly review the grant guidelines and restrictions provided by the funding organization.

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Most Common Grant Proposal Errors (and How to Fix Them)

Grant Writing Made Easy

Funders review hundreds of applications, and issues such as unclear objectives, vague budgets, or an ineffective statement of need can easily push your proposal to the bottom of the pile. Let’s explore the five most frequent errors nonprofits encounter—and the exact strategies to correct them for stronger, more competitive submissions.

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Grant Writing for Small Nonprofits: How to Do More With Less

Grant Writing Made Easy

Struggling to keep up with grant writing as a team of one, or as part of a small nonprofit where everyone wears multiple hats? Across the nonprofit sector, countless small nonprofits and grassroots organizations do life-changing work with limited staff, tight budgets, and never enough daily hours. You’re not alone.

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Top Accounting Tips for Government Grants

Blackbaud

Working with your program and development teams, your finance staff identifies funding gaps, supplies important budget numbers, sets up projects in your accounting software, establishes spending approvals, and creates reporting schedules. Here are the key roles for your finance office throughout the government grant lifecycle.