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Return on Mission: A Framework to Measure Success at Philanthropic Organizations

Blackbaud

Coffman stated in their GuideStar article : Theres no question that nonprofit organizations have an obligation to manage their finances responsibly. To better understand the shortcomings of for-profit metrics as a true measure of nonprofit success, lets look at how return on investment (ROI) is calculated.

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Understanding the Grant Lifecycle: Info for Nonprofits

Blackbaud

Engage program managers and finance teams to ensure the project is feasible and aligns with organizational goals. Establish programs in your fund accounting software to make sure all expenses are accurately tracked and set up dashboards so you can easily see usage over time.

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Beyond Overhead: How to Use Nonprofit Financial Data to Make Smarter Giving Decisions

Blackbaud

This metric , which measures how much a nonprofit spends on administration (such as rent, salaries, software licensing, etc.) Nonfunctioning equipment, lack of staff training , and software that couldn’t manage the organization’s caseload were prevalent among nonprofits trying to maximize “efficiency” with as few resources as possible.

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Top Accounting Tips for Government Grants

Blackbaud

This guide covers the fundamentals that your finance team needs to know during every stage of the grant so you can handle it confidently from award to closeout. Understanding the Grant Lifecycle for the Finance Office Government grants follow a predictable journey, and the finance team plays a mission-critical role at each stage.

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Why Your Nonprofit Needs the Right Accounting System Before Embracing AI

Blackbaud

Your nonprofit’s finance team is juggling restricted funds, grants, and project-specific donations, all while trying to prepare reports, stay compliant, and keep the organization’s mission on track. Fund accounting software is purpose-built to track restricted funds and honor donor intent.

AI
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50+ Fun and Creative School Fundraising Ideas That Work

Qgiv

Teach kids math and leadership skills: A recent study found that just 18% of high schoolers and 26% of college students said they have a somewhat high or very high knowledge of finance. Planning school fundraisers can make learning about finances fun and relatable.

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12 Donation Request Letter Templates to Help Raise More

Qgiv

But we wouldn’t be able to make such an impact without gifts to help cover the costs of operating our church, maintaining our facilities, and financing our work doing [mission]. Track donor engagement metrics, including communication preferences, donor retention, and likelihood of giving.