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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Technology and Software: Budget around $1,000 annually for basic tools (email, accounting software, website hosting). Insurance: General liability insurance typically costs $500 to $1,500 annually. Employee Benefits: Health insurance, retirement plans, and other benefits can significantly add to staffing costs.

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Small Business Starter Kit: Tools and Tips for New Entrepreneurs

GrantNews

Accounting and Bookkeeping: Elect software that tracks expenses, generates reports, and simplifies financial management. Opportunities for tech startup companies in the insurance industry to participate in a business development program. Cloud Storage and Document Sharing: Securely store, access, and collaborate on files from anywhere.

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Examples include backup procedures, disciplinary action, and insurance. 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. Corrective controls are designed to remedy errors or irregularities that have been detected.

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GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results

Blackbaud

So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. Kudos to your development team for getting the payout from an insurance policy of a 45-year-old. It also integrates with your fundraising tools and automates the reconciliation process.

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Medical grants software

Bonterra

Medical grants software Medical grants software Bonterra's grantmaking software makes it faster and easier for you to process approvals for medical education, research grants, and expanded access programs. Request a demo Frequently asked questions What is medical grants software?

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Your Nonprofit Team: Attracting, Retaining Talent

The NonProfit Times

Think beyond health insurance. Digital onboarding platforms can ease the transition for new hires, while project management software keeps teams organized. Offering Competitive Compensation and Benefits Nonprofits might not always match corporate salaries, but that doesnt mean you cant be competitive.

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The Ultimate Golf Tournament Budget from DoJiggy

DoJiggy

Do you plan to purchase fundraising event software to help manage the event and accept online donations? Does your event require permits or event insurance? How much will you spend on decorations? Do you intend to spend money on event promotion (ads, posters, etc.)?

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