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From Data Deluge to Impactful Decisions: Mastering Data in Grantmaking

sgEngage

Strong data governance and data management can help grantmakers navigate the overwhelming amount of information available. While this allows for a richer understanding of grant performance, it also creates complexity. Data formats vary widely, making consolidation and analysis a time-consuming and error-prone process.

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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.

professionals

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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

When filling finance department roles, contract or hire staff with appropriate education and experience. Experience with grant monitoring and required expense tracking for grants is a plus. They should be confident in providing variance analysis and a variety of financial reports to help with risk management and forecasting.

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Six things you may not know about the U.S. social sector

Candid

What role does it play in the economy? While nonprofits are perhaps most associated with the social sector, organizations within it can overlap with the spheres of business and government. Over the years, we’ve seen the lines between business, government, and the social sector blur. What kinds of organizations make it up? .

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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.

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Lessons from 2019 to maximize future disaster giving decisions

Candid

federal government, corporations, and donations through donor-advised funds (DAFs) and online platforms. . Philanthropy plays a crucial role in helping communities prepare for and respond to global disasters and supports the long-term recovery that individuals and communities face after disasters. In it, we examined?available?2019?data