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Gaining Leadership Approval for Major Technology Investments: A Practical Guide for Nonprofit CFOs

Blackbaud

Here are a few considerations when advocating for technology investments in your accounting and finance departments. Here are a few points to consider when linking your proposal to your organizations strategic plan: Map out Strategic Goals Begin by clearly identifying and outlining your nonprofit’s strategic goals and objectives.

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4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

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. Grant funds usually come with restrictions, so understand each funders limitations and plan accordingly. A $6,000 unrestricted grant.

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How to Evaluate a New Revenue Stream

Blackbaud

Ask the finance team. Finance teams can help their nonprofit organizations evaluate new revenue streams, enhancing the organizations stability and mitigating risk while intentionally experimenting with varied income sources. Review your strategic plan to ensure the new revenue stream fits within your organizational objectives.

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

You’ll create strategic plans, brainstorm new projects and programs, and organize campaigns to raise the necessary funds to execute your ideas. One important but sometimes overlooked step in future planning is ensuring proper nonprofit financial management. Methodology. Chief financial officer (CFO).

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How to Boost Efficiency in Your K–12 Business Office with AP Automation

Blackbaud

One Step Closer to a Paperless Finance Office If you are like many private K12 schools, you could build rooms with the boxes of paper stored throughout your campus. Stronger Internal Controls Having a small finance team often makes it hard to incorporate good internal controls , like separation of duties.

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The Million-Dollar Question: What Could Your Nonprofit Do if Money Weren’t an Issue?

Blue Avocado

That’s the major way your board will view this differently than a strategic planning meeting. You may very well use this input to drive a more detailed strategic plan, but it’s crucial to keep this high level and stick to the premise. Again, it’s understandable.

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Understanding the Differences: Capital, Program, and Operating Grants for Nonprofits

Just Write Grants

Understanding the distinctions between capital, program, and operating grants is crucial for effectively managing your organization’s finances and meeting its goals. Steady Funding : Operating grants can provide a reliable source of income to help stabilize the organization’s finances. Choosing the Right Grant for Your Nonprofit 4.1