article thumbnail

Ensuring Continuity: Succession Planning Strategies for Nonprofit Finance Teams

Blackbaud

Nonprofit organizations have been experiencing significant labor shortages for years. But recently, increased demand for services and fewer people interested in joining nonprofits has made the situation worse. Many organizations are finding it difficult to fill roles, especially in the finance department.

article thumbnail

Finance: AMA Pushes For Charity Care Accountability

The NonProfit Times

Image from [link] Members of the American Medical Association (AMA) voted to support greater oversight of nonprofit hospitals and standardization of charity care policies so financial assistance reaches patients in need. Hospitals are eligible for nonprofit status, which exempts them from income, property, and sales taxes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Streamline Your Data Entry and Reconciliation Processes with Integrated Fundraising and Finance Solutions 

Blackbaud

By integrating fundraising and finance systems, information flows easily from gift records to journal entries, saving time, reducing the risk of fraud, and simplifying audits. Here’s how a connected fundraising and finance system can simplify reconciliation for nonprofit organizations, and what it would look like in practice.

article thumbnail

Build Trust by Integrating Your Fundraising and Finance Systems

Blackbaud

This seamless flow of information is truly incredible, particularly when the data exchange is between finance and fundraising. When you unite your fundraising and finance systems, efficiency is simply the first win of many. In Gen Z at the Table , 40% of Gen Zers said the same.

article thumbnail

Nonprofit Hospitals’ Finance Get Ratings Upgrade

The NonProfit Times

The financial health of nonprofit hospitals and health systems has stabilized. Philanthropy is pivotal to funding strategic growth priorities in nonprofit hospital systems like Cedars-Sinai. The post Nonprofit Hospitals Finance Get Ratings Upgrade appeared first on The NonProfit Times.

article thumbnail

4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

Every grant your nonprofit secures is a step toward growing its impact. To help ensure each grant drives meaningful change, this guide will explore ways grant management influences your nonprofits finances and how to optimize the process for greater impact. Use your nonprofits operating budget as a foundation.

article thumbnail

Why Your Nonprofit Needs to Make the Right Investments

Ann Green's Nonprofit

With all the economic uncertainty right now, you may be worried about your nonprofits finances. Its good for all nonprofit organizations, but its especially beneficial for small nonprofits. Maybe your giving has gone down and youve cut back on some expenses. It may be something you should be investing in.

CRM