Blackbaud

JULY 10, 2025

But there’s a catch—the donor says they will only donate the money if your organization raises at least $200,000 to assist with the funding. In the finance office, you know it’s not time to celebrate just yet. Examples of contribution revenue include one-off donations from individuals, sustained giving, or grants.

Finance

Blackbaud

SEPTEMBER 13, 2024

Have you ever had your board members scratch their collective heads when the development and finance teams report their results? So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. How Development and Finance Can Get Along (Really!)Does

Insurance

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. These are set costs like headquarters rent, insurance, and administrative salaries. Without those, it can be a struggle just to make a plate of spaghetti.

Budget

Tech Soup

DECEMBER 3, 2014

ABCS, with offices across the state and operations in Mexico, offers counseling and pregnancy services, classes on budgeting and personal finance, and foster care services, and also works with the state of Arizona to facilitate adoptions, among other things.

Insurance

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. Include in-kind donations. Good question. Miscellaneous revenue (interest income, etc.) After all, you’re here reading this!

Budget

Blackbaud

APRIL 8, 2024

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 Restricted funds are donations or grants that can only be used for the purposes specified by the funder. All in unrestricted funds with no reporting necessary.

Funding

Qgiv

MARCH 5, 2024

These organizations often depend on donations from their supporters, as well as grants, and other forms of funding to support their operations while pursuing their mission with any surplus being reinvested into the organization’s cause instead of being distributed to shareholders. These organizations are unable to collect donations.

Insurance

The Fundraising Coach

OCTOBER 20, 2023

While every donation is impactful for your nonprofit, it takes more than small gifts to fund your work. Legacy giving, also known as planned giving, is a type of donation that’s meant to support a nonprofit, university, or other organization beyond the donor’s lifetime. What is Legacy Giving? Tax benefits.

Pass-Through

Get Fully Funded

JANUARY 16, 2024

The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission. These categories may include: Individual donations of all sizes and varieties. Most nonprofits break down the revenue side of their budget by source.

Policies

Get Fully Funded

AUGUST 16, 2024

When handling your nonprofit’s finances in any capacity, a professional’s expertise is always your best bet for getting it right. Instead, you should continuously reference and update this document to ensure it reflects up-to-date financial information. Use the following tips to maintain your COA. Work With a Nonprofit Accountant.

Liability

GiveSmart

DECEMBER 11, 2023

These individuals are responsible for monitoring everything from the organization’s finances to its protocols to ensure operations are running smoothly and all compliance standards are being met. Get insurance policies. Board of directors All nonprofits must appoint a board of directors. Process your payroll.

Software

Tech Soup

JUNE 20, 2014

There is also your new classification compliments of the BRIDGE Project, and the first universal software for micro finance, another free cloud service. Because both companies provide significant software donations to charities, this bodes well for nonprofits. The name is an acronym of "micro finance open source.

Software

The Fundraising Coach

APRIL 12, 2023

To keep track of your finances for specific, individual campaigns, according to Jitasa’s nonprofit financial management guide your organization should also create a detailed budget for those campaigns that covers your anticipated revenue and expense sources for individual campaigns. Average donation size.

Fundraising

Planned Giving

FEBRUARY 13, 2025

These non-probate assets include 401(k) accounts, pensions, and life insurance policies. How to Create Beneficiary Designations To designate beneficiaries: Contact Institutions : Reach out to banks, insurance companies, and retirement plan administrators. Avoid Probate : These assets bypass the probate process.

Insurance

Greater Giving

MAY 8, 2025

One essential process for managing your nonprofit’s finances is budgeting. For instance, note in your operating budget that individual donations to your nonprofit typically peak during the year-end giving season and die down in the summer. staff compensation , utility bills, insurance, and office equipment purchases).

Budget

The NonProfit Times

NOVEMBER 7, 2024

As you focus your efforts on soliciting donations, don’t forget about emergency preparedness up to and including an armed intruder. Make sure your contract ensures they will assume liability for their actions and that the contractor is adequately insured and names your organization as an additional insured on their policies.

Liability

The NonProfit Times

NOVEMBER 14, 2024

Fundraising: This category includes all expenses related to soliciting donations, grants, and other forms of financial support. Square footage percentages can be used to allocate rent, depreciation, certain insurances, and utilities. rent, utilities, building depreciation, and insurance) would be allocated 71.4%

Indirect

Blue Avocado

OCTOBER 22, 2024

Because most AVOs have an informal air about them, it’s easy for finances to be treated in a casual way. Nonprofits Insurance Alliance and the Nonprofit Risk Management Center provide free introductory articles on ways to manage these and other risks. See the discussion regarding “quid pro quo” donations in IRS Publication 1771.

Budget