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Demystifying the Major Nonprofit Accounting Methods

Pamela Grow

To keep your financial data organized, you can use either of two primary tracking methods: cash accounting and accrual accounting. In this guide, we’ll discuss what each of these financial management systems looks like in practice, their respective benefits and drawbacks, and how to determine which method is right for your organization.

Method 59
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How Asking Questions Helps You Connect With Your Donors

Bloomerang

I believe it comes down to asking interesting questions and paying attention to the information coming back to you. How to become a better communicator through questioning. One way to do that is through questioning. . Questioning: making a personal connection through emails. Asking questions does a few things: .

Question 122
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Understanding the Psychology of Why Donors Give to Nonprofits

Nonprofit Tech for Good

Understanding the donor’s motivations can help a nonprofit develop motivating messaging, use the right fundraising methods, and segment their supporter list to target those who are most likely to give. It begins with a simple question, “Why do you give to…?” How Can you Encourage Your Donors to Give? Conduct online donor surveys.

Donor 285
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Unlease Your Organizations Knowledge Sharing Processes

Beth's Blog: How Nonprofits Can Use Social Media

Unlease Your Organizations Knowledge Sharing Processes – Guest Post by Kelcie Tacchi. Like many nonprofits, the rapidly evolving environment around and within us was littered by a practice of ad hoc documentation and person to person knowledge sharing. Be aware that “knowledge hoarding” is often a common practice.

Knowledge 100
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Data as Decision in Grantmaking

sgEngage

In philanthropy, there can also be worries of time commitment, grantee burden, complicated methods and, frankly, resources circling the drain without adding any function or value. More specifically, datamaking is an action whereby we transform information into data so that data can contribute to knowledge.

Data 103
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How To Attract New Potential Donors With 3 Questions And A 6-Step Process

Bloomerang

Here are three questions whose answers will give you guidance on how to start serving donors. Question 1: What are our donors’ needs? Question 2: What is your core belief and expertise? The next thing to consider is your organization’s expertise (skills, knowledge, strengths, history, etc.). Organization B.

Process 136
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Volunteer Week: Orientation for Your Leadership

Greater Giving

Equipping them with volunteer orientation knowledge ensures they understand the value proposition of volunteers and can champion: Effective Volunteer Recruitment: Board members and committee members can leverage their networks to attract skilled volunteers. This allows for open discussion, brainstorming, and knowledge sharing.