article thumbnail

Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

sgEngage

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

Grant 94
article thumbnail

5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers

sgEngage

With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. And with that form of funding comes significant compliance requirements. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

Fund 79
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Tips for Better Grant Management Processes

sgEngage

While grant funding may not require the continual stewardship efforts and nurturing of traditional donor-led funding, it often presents its own challenges: extensive reporting mandates, a list of requirements to qualify for funding, and the possibility of mission creep to meet those requirements. Focus on the why. Seek clarity.

Grant 95
article thumbnail

Creating a Connected Campus to Award More Scholarships and Improve Student Outcomes

sgEngage

Disorganization, decentralization, and disconnection in scholarship administration all over the country lead to underutilized scholarship funds, a lack of stewardship efforts with major donors, and students not receiving the necessary aid to continue their education. A good award management system benefits both students and administrators.

Student 70
article thumbnail

How to Streamline Your Grant Management Process with Technology

sgEngage

Receiving requests for funding can be both a crucial and frustrating part of being a grantmaking organization. You want applications from organizations that align to your mission, but the frequency of the requests can easily bog down your processes if you aren’t careful. Will several teams review the requests?

Grant 99
article thumbnail

Ultimate Guide to the Community Services Recovery Fund

CauseVox

The Government of Canada has rallied behind nonprofits with its historic Community Services Recovery Fund. We believe that this is an incredible opportunity for charities and nonprofits in Canada to receive grants to build up their people, process, and systems with no strings attached. The minimum ask is $10,000.

Fund 96
article thumbnail

5 Tips To Help Your Nonprofit Receive MacKenzie Scott Funds

Bloomerang

With a net worth of $65.3B, there are a lot of MacKenzie Scott funds available. . Here’s What We Know About How To Apply To Receive MacKenzie Scott Funds. Three LAPA clients have received MacKenzie Scott funds in the millions; here’s what we know: 1. Yet for many other nonprofits the award came ‘without warning.’

Fund 139