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

Blackbaud

A well-implemented internal control policy. An internal control policy is the backbone of an organizations internal controls a set of rules and processes designed to protect its resources, ensure accurate reporting, and promote operational efficiency. Do All Nonprofit Organizations Need an Internal Control Policy? Absolutely.

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Some of these types can be managed directly within your fund accounting software , such as approval rules to make sure the right people review an expense before its paid. Develop Policies and Procedures: Create written policies and procedures that address identified risks and outline control activities.

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Before you can grow, you should have a strong accounting infrastructure that consists of: Fiscal policies and procedures. These guidelines govern how your team members handle your organization’s funding as they perform their daily tasks. Create a shared fiscal policies and procedures handbook for easy reference across departments.

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Understanding Endowments: Purpose, Protection, and Stewardship

Blackbaud

The Role of Spending Policies Organizations establish spending policies to ensure that endowment funds are used wisely. These policies determine how much of the endowment’s earnings can be used each year and are designed to balance current needs with long-term sustainability.

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Building an Effective Partner Ecosystem for Your Grant Management System

Blackbaud

Make sure your own data governance and data management policies are up to date so you have processes in place if an issue does arise. Youll want to keep informed about updates to the software that may change your workflows. This is also important after the integration is established.

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Grants for Church: A Comprehensive Guide to Securing Funding for Ministry and Community Outreach

Allied Grant Writers

Grants, provided by government agencies, private foundations, and philanthropic organizations, represent a crucial opportunity for churches to secure non-repayable funds that support mission-critical programs. State and Local Grants: Many state and local governments offer grants to support community-based initiatives.

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How Board Members Can Help Fundraise

GiveSmart

They govern the organization, establish new policies, and ensure that everything is on track to achieve the organization’s goals. These are some of the dos and don’ts of proper board fundraising, as well as how software can help you meet your fundraising goals.