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The Future of Funding: Nonprofit Grant Management Software Trends

Nonprofit Tech for Good

As a nonprofit organization, securing funding is essential to fulfilling your mission and driving meaningful change in your community. Using this software doesn’t just make things run smoother; it also helps you make better choices and have a bigger impact. It offers a secure and transparent way to track funds.

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How to Show Donors the Impact of Their Donations to Your Nonprofit

Nonprofit Tech for Good

According to the Fidelity Charitable Overcoming Barriers to Giving Report, 65% of donors would give more if they knew the impact of their donations. That’s why supplementing online fundraisers with follow-ups that show the impact of donations is so powerful. Whether with an email or a text message (or even a phone call!)

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Demographics via Candid: A data-driven approach to encourage equitable funding practices

Candid

In response to the simultaneous global pandemic and racial equity movement, philanthropy committed to act with urgency to better support nonprofit partners, as well as the people and communities hit hardest by the impacts of these dual events. Pledges were made to reduce barriers, shift power, and engage in more equitable funding practices.

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Prioritizing authentic connections through trust-based philanthropy 

Candid

Importantly, TBP also acknowledges that funders do not inherently have more expertise or knowledge than grantees do, and that we can only achieve sustainable impact if we work together as equal partners. We realize that some of the most impactful work is being done by organizations HF might not know about.

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Tips for Adopting a Trust-Based Philanthropy Approach

sgEngage

In fact, 800 foundations signed a pledge to adopt more trust-based practices in order to move money more quickly and with fewer restrictions. In fact, a recent study from the Open Road Alliance found that funder-created obstacles account for nearly half of the roadblocks that prevent nonprofits from achieving their intended impact.

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Adopting Modern Payment Methods To Engage And Keep A New Generation Of Donors

Bloomerang

Gain valuable insights into your fundraising efforts by tracking funds raised through digital wallet transactions. The post Adopting Modern Payment Methods To Engage And Keep A New Generation Of Donors appeared first on Bloomerang. Make the most of transparent reporting. A bright future awaits.

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Best Practices for a Stress-Free Fund Accounting System Implementation

sgEngage

Implementing a robust and modern fund accounting system can save your team time, make reporting faster, and give you more opportunity to focus on impactful work. But introducing a new fund accounting system can be a sizable undertaking—even when you know it will be worth it. Significant change requires significant planning.

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