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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

In it, include guidance on gift acceptance, conflicts of interest, expense reimbursement, and staff compensation, among other aspects of nonprofit finance. According to Jitasa , most nonprofits start out using the cash accounting method to track their finances—i.e., Methodology. Chief financial officer (CFO). Bookkeeper. Bookkeeper.

Finance 147
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You Won the Grant—Now What? Mastering Post-Award Chaos Without Losing Sleep

Lightning Fast Grant Writing

Include: Key reporting deadlines Required data collection points Budget monitoring schedules Compliance checklists Use project management software (like Asana, Trello, or ClickUp) or a specialized grant management system to set reminders and assign tasks. Your future self will thank you.

Award 130
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Understanding the Grant Lifecycle: Info for Nonprofits

Blackbaud

Proper management ensures funds are allocated efficiently and projects deliver the intended impact. Effective grant management is a continuous process requiring coordination, transparency, and a commitment to improvement at every stage. Many solutions have tools that provide valuable functionality for grant management.

Grant 71
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Questions to Ask If You Are Thinking About Moving to a New GMS

Blackbaud

Make sure you have the right people in the right roles to manage the switch. This includes a grants manager to handle day-to-day implementation tasks, as well as consistent leadership to support the change. If you don’t have the right people in place, you may consider postponing the move to a new grants management system.

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Strategies for Nonprofits Affected by QuickBooks Tag Depreciation

Blackbaud

QuickBooks is depreciating the tags functionality in their accounting software starting March 8. If your nonprofit has chosen to use the tagging feature in QuickBooks to help identify your restricted revenue, this means you will be juggling even more spreadsheets outside of your software. There is a better way.

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8 Tips for Supporting Your Grantees After a Significant Award

Blackbaud

Encourage Your Grantees to Establish an Investment Committee Your grantees likely have finance committees as part of their Boards, but with a sizeable gift that wont all be allocated immediately, they need to create an Investment Committee as well.

Award 97
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

You will want to think ahead about being able to easily capture grant information, set up tasks and deadlines, and then run accurate reports at any time. Fund accounting systems with grant management can help you from beginning to end if you are a grant-funded organization—or want to be.