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How Government Grants Are Changing Grant-Making Policies

GrantNews

Government grant-making policies are shifting the entire world of grants. ” It wasn’t until the 1970’s, however, that Federal grant policy began to evolve into what it is today…Since the 1970’s, subsequent grant-related legislation has helped to further develop Federal grant policy.

Policy 107
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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

You’ll also learn the difference between a fiscal agent and a fiscal sponsor, plus how to decide which option fits your goals. Bookkeeping and reporting : They track how the money is used, keep records and help align spending with your project’s goals and logic model. All funds go through their bank accounts.

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Connecting the dots: Fighting for equity through a data partnership 

Candid

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability. It also provides a quantitative baseline to evaluate and build upon equity strategies.

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Stay focused on your goal, but be prepared for what you’ll need to move forward. If your fundraising goal is under $50,000, you would likely be eligible to file Form 1023-EZ (short form) at an approximate cost of $275 (as of 2018). However, most nonprofit organizations start out with a Business Owner’s Policy (BOP).

Insurance 117
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The 10 roles and responsibilities of a nonprofit Board of Directors

Get Fully Funded

Plus, it’s responsible for ensuring that you meet goals and keep promises to the public, donors, and beneficiaries. They should put internal controls in place and help write policies to prevent loss, theft, or confusion, using current b est practices. It’s a much bigger responsibility than most people understand.

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Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

The Difference Between For-Profit and Nonprofit Accounting Most for-profit organizations’ main goal in accounting is to earn the largest possible profit. Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day.

Policy 52
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The Quick Guide to Nonprofit Board Responsibilities

Qgiv

At its core, your board is responsible for steering your nonprofit towards achieving your goals while ensuring legal and ethical integrity. Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies.