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Ensuring Continuity: Succession Planning Strategies for Nonprofit Finance Teams

Blackbaud

Many organizations are finding it difficult to fill roles, especially in the finance department. Proper planning can allow your finance department to withstand any type of staff turnover or mobility in stride. Any type of job succession plan involves proper segregation of duties through cross-training and redundancies.

Finance 105
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4 Ways to Unlock the Potential of Your Nonprofit Finance Team to Become World Class

Blackbaud

A good finance team will make sure bills are paid on time, reports are accurate, and the Board of Directors has access to the current financial statements. A good finance team will help you stay where you are. A good finance team will help you stay where you are. A world-class finance department will help you evolve.

Finance 98
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Building Trust and Accountability: A Guide to Nonprofit Internal Controls Policy

Blackbaud

For example, a newly hired finance manager is stepping into a nonprofit with no formalized internal control policy. Finance Teams: Handle the nuts and boltsdocumenting procedures, conducting reconciliations, and overseeing daily transactions. Personnel Controls Require background checks for new hires in finance-related roles.

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4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

Its why we partner with MyFedTrainer.com to deliver grant writing supports and training on both the pre-award and post-award side of things. 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.

Finance 52
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Stop the Boilerplate Burnout: How to Keep Your Grant Story Fresh Without Losing Your Sanity

Lightning Fast Grant Writing

Set up a small boilerplate brain trust with one person from each key departmentprograms, finance, development, and leadership. Train your teams to think: Would this belong in our grant story? So how do you keep this story sharp, accurate, and compelling without letting it eat up all your time and energy? Lets break it down.

Burnout 130
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Grant-Seeking Tips for Grant Researchers: Down the Rabbit Hole

GrantNews

While nonprofits do not focus on profit, financing operations is still essential for a nonprofit to accomplish its goals. However, you will increase your chances of securing financing for your cause by building a grant cycle. Securing funding is vital for critical programs to flourish. What Type of Grant-Seeker Are You?

Grants 111
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Grants to Support and Elevate Minority Business Owners

GrantNews

Activities supported by this funding include improving overall financial health, increasing fundamental business finance knowledge and application, and strengthening the workforce. Participants receive training, mentorship, credentials, and a salary.

Grants 123