Remove Finance Remove Insurance Remove Readiness
article thumbnail

Tight Review Cycles: How to Survive the Deadline Doom Loop Without Losing Your Mind

Lightning Fast Grant Writing

Youve got one draft, three department heads who want to review it, a finance team that needs to “double-check just one thing,” and a program lead whos suddenly out of office. Communicate key dates earlylike when drafts will be ready, when comments are due, and when final sign-off happens. Weve all been there.

Insurance 130
article thumbnail

Building Resilient Funding Models: Essential Tips for Nonprofit Finance Professionals

Blackbaud

Finance plays a crucial role in building a sustainable and scalable funding strategy. Finance professionals can provide key insights into risk analysis, financial forecasting, and performance measurement, ensuring each new revenue stream supports your long-term sustainability and growth. The good news?

Finance 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Nonprofit Team: Attracting, Retaining Talent

The NonProfit Times

Think beyond health insurance. By creating an inclusive, supportive environment and investing in peoples growth, your organization will be ready to face new challenges and expand its impact. ** Jackie Sue Griffin is owner and executive director of Jackie Sue Griffin Associates in Tampa, Florida.

article thumbnail

How to Build a Better Nonprofit Budget in Less Time and with Less Stress

Blackbaud

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. Once reviewed and approved, the budget is ready to be implemented.

Budget 119
article thumbnail

7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet.

article thumbnail

Lessons From Debby: 5 Things Before Severe Weather Hits

The NonProfit Times

But is flooding covered under a typical commercial insurance policy? Rushing : Flood coverage is not typically included in a commercial insurance policy. Although you might be able to purchase flood insurance from your carrier or add it to your policy, many managers do not. Q: Hurricanes and other storms often produce flooding.

article thumbnail

Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. You can create presentation-ready charts that visually show what funds were spent, how they were used, and how that has changed over time. Restricted funds often outline what they will fund and what they won’t.

Funding 111