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A crash course on trends analysis using Candid’s Foundation 1000 data set 

Candid

One of the most common reasons people analyze Candid’s grant data is to understand year-over-year giving trends in the sector. At Candid, we collect data on millions of grants and other transactions awarded by hundreds of thousands of funders across the globe. Instead, we rely on a data set called the Foundation 1000.

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How to Conduct a Nonprofit SWOT Analysis: A Complete Guide

DipJar

In this process, it can be particularly helpful to conduct a SWOT analysis. A SWOT analysis is a strategic planning technique that involves evaluating your organization’s strengths, weaknesses, opportunities, and threats. Marketing strategy Your marketing approach can also benefit from a strategic analysis.

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Mastering Next Year’s Budget With Revenue Projections and Donor Attrition Analysis

Neon CRM

Understanding Revenue Projections When a nonprofit is putting together a budget for the coming year, an important step is to perform a revenue projections analysis that can inform the expected amount of income used for operational expenses and deepen mission impact. to project what your costs will be for the coming year.

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Creating the Foundation for a Best-In-Class Nonprofit Finance Team

sgEngage

Experience with grant monitoring and required expense tracking for grants is a plus. They should be well-versed in financial reports and analysis, but also be able to explain complex financial concepts to board members without a financial background. And it’s helpful if they are familiar with grant compliance.

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4 Strategies for Proactive Risk Management at Your Nonprofit

sgEngage

Conduct an operational analysis in which you identify all potential risks and prioritize them based on which ones are most likely to occur. Having your board review financial reports. Grant application requirements. Ensuring these guidelines are followed should be part of their risk management plans.

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Money for your nonprofit: Writing a grant proposal

ASU Lodestar Center

While most nonprofits find funding from a variety of sources, one of the staples of charitable support comes in the form of grants. Consequently, nonprofit professionals should be well versed in crafting and compiling well-written grant proposals. The detailed budget (1 page). Equipment costs. Travel costs. Employee costs.

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Beyond the Newest Philanthropy Buzzword: Knowledge Work Is Core to Equitable Change

sgEngage

But it is not just a new buzzword, a box to be checked, or even a singular phase in the grant cycle. Knowledge insights, grants and learning, information systems, data discovery, or relational analysis are just some of the terms showing up alongside the more familiar phrases of research and development and data analysis.