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How to Develop Your Nonprofit Operating Reserves

Blackbaud

if the organizations mission involves disaster relief) Dependence on one key person Obligations resulting from your commitments to a donors purpose restrictions Amount of unsecured debt carried by the organization Fund Accounting Software that Drives Impact Find out how Blackbaud’s Financial Edge NXT fits your organization.

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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Office of Management and Budget (OMB) revised their uniform guidance in 2024, increasing the de minimus (or standard) rate allowed for indirect costs—overhead for federal grants—from 10 to 15%. But overhead expenses have also been the focus of recent policy changes as well. Overhead vs Indirect Costs: What’s the Difference?

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

Allied Grant Writers

Government Grants Government grants are typically provided at the federal, state, or local level and can be a significant source of funding for churches, for profit organizations, especially when the projects align with public policy objectives such as community development, education, or social services.

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Federal Policy and Private Schools: 5 Steps to Navigate Change

Blackbaud

While most private and independent schools are not heavily reliant on federal funding, the ever-shifting landscape of federal policies and priorities can create significant uncertainty for any organization. Step 1: Stay Up to Date on Policy Changes Funding uncertainty is not new to private and independent schools.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

So how can you minimize these errors and create data entry policies for your users? With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. The more manual data entry you do, the more errors can creep into your accounting system.

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Pre-Award Preparation Have certain policies and processes in place before applying for a grant so you can be confident you meet their requirements and there are no surprises. Tip 1: Have your leadership drive the conversation on grant funding and the policies associated with this revenue stream. Update your policies accordingly.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.