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How Government Grants Are Changing Grant-Making Policies

GrantNews

Government grant-making policies are shifting the entire world of grants. These grant trends encourage positive changes in society. For example, making grants more accessible by utilizing an online application process. In truth, this is one of the many reasons GrantWatch lists grants for nonprofits and businesses alike.

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The Four Core Statements of Nonprofit Financial Reporting

Blackbaud

Together, these documents reveal where your organization stands financially, how resources are being utilized, and what steps you can take to strengthen operations. This document highlights how your organization generates revenue and allocates expenses, ultimately revealing the change in net assets.

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The Legal Process of Tax Exemption and Fundraising

DoJiggy

It also opens the door for grant eligibility and enables donors to make tax-deductible contributions, which can be a powerful fundraising tool. It also opens the door for grant eligibility and enables donors to make tax-deductible contributions, which can be a powerful fundraising tool.

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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

Whether you’re just getting started or looking for a way to manage grants and donations more effectively, understanding fiscal agents can help you move forward with fewer risks and more confidence. They accept donations, handle bookkeeping, file tax documents and ensure everything meets state and federal regulations.

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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Each of these documents organizes and summarizes your organizations financial data in a different, actionable way to promote improved internal decision-making and external transparency. Liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities.

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Nonprofit vs. not-for-profit: Definitions and differences

Bonterra

Nonprofit vs. not-for-profit organizations Where nonprofits serve a broad purpose for the public good with funding from donations and grants , not-for-profit organizations serve a smaller community or member base and are primarily funded by membership dues and fees. Limit its documented goals to one or more charitable purposes.

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4 Nonprofit Financial Statements and How to Create Them

Blackbaud

Let’s take a closer look at each of these documents and how your nonprofit can compile them. This document subtracts total expenses from total revenue to let you know if your organization is bringing in more money than it is spending. Four Main Financial Statements for Nonprofits 1.