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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Effective financial management is critical for your nonprofit to grow and thrive long-term. You’ll create strategic plans, brainstorm new projects and programs, and organize campaigns to raise the necessary funds to execute your ideas. Create a shared fiscal policies and procedures handbook for easy reference across departments.

Finance 147
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Operating Reserves as a Key Indicator of Financial Health

Blackbaud

By understanding and managing operating reserves, nonprofit leaders can navigate their organizations toward greater longevity and stability, ensuring they remain trusted and impactful stewards of their missions for years to come. Operating reserves are the result of careful managerial and governance planning, hard work, and determination.

Policy 98
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Resources for Navigating Uncertainty in the U.S. Federal Funding Landscape

Blackbaud

Weve created resources to help social impact organizations as they respond, from strategic planning to diversifying revenue streams to engaging new donors. This landscape is prompting nonprofits to adapt and evolve as they seek to continue to serve their communities effectively and resiliently.

Funding 59
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Valuing volunteers for in-kind contributions 

Strategic Grants

In fact, it should be part of your strategic planning to keep track of your organisation’s volunteer input. Find out more about GEMS (Grants Expertise Management System) here. The post Valuing volunteers for in-kind contributions appeared first on Strategic Grants.

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4 Ways to Unlock the Potential of Your Nonprofit Finance Team to Become World Class

Blackbaud

A world-class finance team will do all that and be a key part of your strategic planning, helping you identify opportunities and risks based on past performance and future scenario planning. If you dont have the time to find and manage a strong finance team, outsource. That includes the finance department.

Finance 98
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3 Best Practices for Streamlining Your Endowment Management

Blackbaud

Endowments are the result of a successful long-term strategic plan. That is wonderful—if you have the tools to accurately track and manage all the moving pieces. From maintaining donor intent to tracking distributions and appreciation across funds, endowments have a lot of details to manage.

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Sprouts Foundation to Award $3M in Grants to Nonprofits Focused on Health and Wellness

NonProfit PRO

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Award 66