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Stewardship Reporting Best Practices for Finance Teams: Tips for Showing Donor Impact 

Blackbaud

For finance teams in donor-focused and grant-funded organizations, working hand-in-hand with fundraising partners is critical to crafting reports that truly engage and tell a story. For finance teams, grant reporting involves aligning financial data with program-specific outcomes.

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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

All funds go through their bank accounts. The agent handles the finances but doesn’t control your work. You’re looking for basic help with finance and compliance. Funders expect a full 501(c)(3) relationship, not just a pass-through. You’re seeking help beyond finances, like HR, liability coverage or insurance.

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Avoid These 16 Common Nonprofit Audit Mistakes

Blackbaud

When you get a clean bill of health from your doctor, you can feel confident as you navigate through life. Key Takeaways There are several different types of nonprofit audits the finance team is involved with, including financial audits, internal or operational audits, compliance audits, IRS audits, and internal control audits.

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Bill To Pull Tax Exemptions Headed Back To Congress

The NonProfit Times

While the Stop Terror-Financing and Tax Penalties on American Hostages Act (H.R. 9495 was just nine votes short of passing at 256 yes and 145 no. Based on last week’s vote, it is expected to pass the House of Representatives. House of Representatives that would provide tax relief to Americans held hostage.

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What Nonprofits Should Know About Process Automation

Blackbaud

Process automation can be scary for nonprofit finance teams because it can feel like you are giving up control. Workflows can be analog or done through software. Some were developed through trial and error. How this applies to nonprofits: Look at how an expense moves through your approval process. Someone opens the mail.

AI
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Best Fundraising Ideas for Jewish Organizations and Synagogues

DoJiggy

Whether through education, holiday celebrations, or religious ceremonies, maintaining a connection to Jewish history requires resources. Fundraising allows Jewish institutions to maintain and pass down these vital traditions. Capital-building campaigns are crucial for Jewish organizations to finance these expansions.

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Top Foundation for the Elderly: Essential Services and Support Programs

Allied Grant Writers

Remote medical consultations through telehealth allow seniors to receive prompt medical advice and treatment from home. To obtain this certification, candidates must pass a comprehensive exam within a year of application and complete an ethics module, ensuring they adhere to the highest ethical standards.