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Top Accounting Tips for Government Grants

Blackbaud

They come with strict compliance requirements, detailed reporting obligations, and potential penalties that could result in claw backs if you aren’t careful with your spending and documentation. Establish your indirect cost rate: Calculate your cost rate and understand the de minimis rate available to your organization.

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Stewardship Reporting Best Practices for Finance Teams: Tips for Showing Donor Impact 

Blackbaud

First-person testimonials from beneficiaries help connect donations to a face and personal story. Restricted Gift Compliance Your reports should document how donor-restricted funds were used in line with their intended purposes. This includes detailing the allocation of funds and the outcomes achieved through partnerships.

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Developing a nonprofit budget: The basics and best practices

Candid

individual donations, foundation and government grants, corporate gifts and sponsorships, and earned income, e.g., program and service fees, merchandise sales, membership fees). Tips and best practices for developing a nonprofit budget But what does an actual budget document look like? rent, utilities, and marketing).

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The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

Obviously, donors want as much of their donation as possible to go to your programs, to help change lives. Or, if you rent a list of names and addresses and send a direct mail piece to everyone on that list, you probably won’t recoup enough in donations to make that a worthwhile expense. And fundraising. If you’re outside the U.S.,

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Statement of Cash Flows: How Nonprofits Track Inflow and Outflow of Money

Blackbaud

Below, we provide more detail about this document and why it plays such a key role in successful financial management. The Operating Activities section shows cash transactions related to the nonprofit’s core mission, such as donations, grants, and expenses for programs and services.

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Is Your Organization Following 501(c)(3) Donation Rules?

DoJiggy

Understanding the nuances of 501(c)(3) donation rules is essential for nonprofit organizations seeking to maximize their potential and ensure compliance with legal standards. DoJiggy provides a powerful fundraising platform and a wealth of charity resources, and a question we often get asked is: “Am I following 501(c)(3) Donation Rules?”

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How Does a Nonprofit Find Funding to Keep the Lights On?

Tech Soup

First, let's look at the statistics, culled from GrantStation's most recent State of Grantseeking™ Report : Almost 70 percent of nonprofits keep their indirect and administrative costs at 20 percent or less of their annual budget. Indirect and administrative costs remained the same or decreased for 70 percent of respondents.