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Raise the Board’s Financial IQ

.orgSource

Reading a report about the bells and whistles in the new website is a lot more interesting to most of us than combing through columns of figures in the audit or IRS form 990. But a poor web design won’t get anyone on the bad side of the law whereas ignoring those important statements might. Be sure to allow time for questions.

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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

In addition to building relationships with the organizations you support, there is some documentation you should ask for, especially for new applicants. Depending on how your application is set up, you can add an open-ended question or discuss it during a follow-up conversation. Do you have tiered approvals for different amounts?

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Online Fundraising: What Your Nonprofit Needs to Do to Be Compliant in 2021

Nonprofit Tech for Good

It is simple enough to know where you are soliciting in person, sending a letter, or submitting a grant application. In 2001, the National Association of State Charity Officials (NASCO) released a set of recommendations called the Charleston Principles to supplement fundraising laws that had not kept pace with technology.

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What is Grant Management?

sgEngage

Grant management is the comprehensive process of overseeing all activities related to grants: from identifying recipients, to awarding funds, to reporting on outcomes all while maintaining compliance with regulatory requirements. In order to ensure compliance, these documents are often reviewed by legal professionals before signature.

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Online Fundraising: What Your Nonprofit Needs to Do to Be Compliant

Nonprofit Tech for Good

It is simple enough to know where you are soliciting in person, sending a letter or submitting a grant application. In 2001, the National Association of State Charity Officials (NASCO) released a set of recommendations called the Charleston Principles to supplement fundraising laws that had not kept pace with technology. Giving Days.

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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Almost all organizations produce some sort of annual financial reporting, but it’s may not always be public information. Donors and grantors both expect detailed reporting and deep financial transparency from nonprofit organizations. by donors, grantors, governing boards, or by law.???. self-balancing accounts?that?must

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

sgEngage

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. 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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