Contract Finance Readiness 
GrantNews
DECEMBER 11, 2024
These include state and local governments, foundation and corporate grant opportunities, individual contracts, and all federal grant-making agencies. 8 ) Prove You are Responsible with Money How strong is your organization’s structure and finances? 9 ) Know Your Strengths Are you seeking general operating or start-up funding?
Blackbaud
JUNE 12, 2025
Engage program managers and finance teams to ensure the project is feasible and aligns with organizational goals. Key best practice: Early cross-department collaboration helps ensure project readiness and strengthens grant proposals by demonstrating organizational capacity. Objective: Formally acknowledge and accept the grant award.
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Grant Professionals Association
JUNE 27, 2025
Organizations often view post-award management as the responsibility of finance or program teams. It enables you to anticipate funder expectations, shape internal systems, and contribute strategically to your organization’s readiness, success, and growth in mission and capacity.
Blackbaud
JULY 18, 2025
This guide covers the fundamentals that your finance team needs to know during every stage of the grant so you can handle it confidently from award to closeout. Understanding the Grant Lifecycle for the Finance Office Government grants follow a predictable journey, and the finance team plays a mission-critical role at each stage.
Blackbaud
DECEMBER 23, 2024
You Arent Getting a Holistic View of Your Finances When you update your accounting system, make sure you look for one that can manage your revenue and expenses across any characteristic, like grant, project, program, or department, while not requiring them to be created as segments in your nonprofit’s chart of accounts.
Blackbaud
JULY 8, 2025
Limited budgets, complex grant requirements, and fluctuating revenue streams can make managing finances a significant challenge. Start with a strong internal finance team who can handle day-to-day tasks, and work to grow your staff internally with the help of leadership and your board. When Would a Full-Time CFO Be a Better Option?
Blackbaud
MAY 6, 2024
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. Work with the heads of each department to analyze expense history, review contracts for any automatic expense increases, and evaluate the strategic plan for any additional expenses to include.
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