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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.

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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.

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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.

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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?

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Financial Accountability: Donors, grantors, and the public trust nonprofits to manage their finances responsibly. Assess Risks: Identify the risks that could impact the organization’s operations and finances. Train Staff: Provide training to staff on internal control policies and procedures.

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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. Important activities: Allocate resources, launch programs, and train staff. To deepen your expertise, consider investing in grantwriting training and researching grants that may align with your mission.