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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Without that, the SOA can misrepresent the financial health of the organization and lead to future funding issues. Often, this leads to large audit adjustments, budget vs actual reporting difficulties, and other funding challenges. Their expertise can provide tailored advice and strategies for implementing new standards effectively.

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Highlights from Candid’s most popular philanthropic resources in 2023?

Candid

Philanthropy and HBCUs: Foundation funding to historically Black colleges and universities , by ABFE and Candid  For every $100 foundations gave to the average Ivy League, they gave 56 cents to the average historically Black college and university (HBCU). This report looks to fill that gap by examining U.S. communities face.

Resource 119
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An Endowment Can Secure Your Small Nonprofit’s Future

Get Fully Funded

And even if you cannot imagine an endowment in your near future, adopting an endowment mindset can put you on a path to financial security. Adopting an Endowment Mindset Most small nonprofits live in the moment, fundraising today for programs happening tomorrow. Think about the personal finance advice professionals dole out.

Fund 119
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Digital Priorities the Mission-Driven Sector Must Address in 2024

Forum One

Adopt an AI strategy There’s no denying it: Artificial Intelligence (AI) is happening. We see massive disruption from individual givers to institutional funding streams, partnerships, and foundation grantmaking. The term encompasses a wide range of tools and practices that can support an equally wide range of work and strategies.

Digital 89
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Two years later: how our fundraising strategy changed overnight 

Candid

My team of 12 and I wondered: how long would this go on and how long could we survive without our main funding stream? Getting creative to find crucial funds . This shift in funding from in-person events to major gift solicitations not only kept our work alive, it also helped us explore a more sustainable, long-term funding model.

Strategy 105
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Crypto fundraising: diversifying donations for GivingTuesday

Candid

The nonprofit sector’s recognition and adoption of diverse revenue streams, including cryptocurrency, has increased significantly over the last year, but many still feel hesitant when it comes to crypto fundraising. This change in behavior took years to adopt, and yet the benefit of stock donations outweighs those of cash.

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5 Things That Nonprofits Wish They Knew Three Months Ago

Nonprofit Tech for Good

We surveyed over 700 nonprofits to find out what advice they’d give themselves and others about fundraising in the new normal. Don’t be afraid to reach out to event sponsors, grant funders and major donors to see if they’d be willing to work with you on how unspent funds are allocated, such as event table sponsorships. The Last Word.

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