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Your Unrestricted Funds Need Stewardship, Too

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All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds? What are Unrestricted Funds?

Fund 88
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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

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From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Here are seven ways your team can make sure your nonprofit has a strong financial foundation this year. Do they give you the information you need?

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Why Foundations and Grantmaking Professionals Can’t Miss bbcon 2021 Virtual

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As Blackbaud’s second virtual bbcon event approaches, we’re very excited about the fantastic session topics and speakers we’ve lined up within the Foundations track. To-date, close to 14,000 people are registered, and we’re expecting over 1,000 of your foundation and grantmaking peers to attend the event on October 13-15 this year.

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Need a New Grant Management System? 5 Tips for Selecting the Best GMS for Your Foundation

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Work with your team to review and document each of your funding programs, including the number of grantees, timelines, and applications for each. Make sure you have consistent communication processes for both declined funding requests as well as grantees. Include who is involved in those application reviews and how decisions are made.

Grant 75
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A New Era for Foundation Collaboration

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In the past, many foundations viewed collaboration as a speed bump. But at a time when many foundations are looking for creative ways to address the overlapping crises of COVID-19, racial injustice, and climate change, they are viewing collaboration much differently. When foundations collaborate, the benefits are clear.

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How Your Organization’s Charitable Arm Can Manage Restricted Funds to Grow Your Stewardship

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Without clear insight into the available funds earmarked for charitable arms of larger organizations, it’s difficult to see the complete picture of their financial standing. The Problem with Managing Donor Restricted Funds. Similarly, the details about these restricted funds are held within the parent organization’s finance team.

Fund 72
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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2023

sgEngage

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Here are seven ways your team can make sure your nonprofit has a strong financial foundation this year.