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Your Unrestricted Funds Need Stewardship, Too

sgEngage

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?

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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!

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How to Raise Funds for a Project: Tips and Tools

Donorbox

Raising funds for projects is often required when specific needs arise for your organization. In this article, we share effective tips and ideas on how to raise funds for a project. We’ll also […] The post How to Raise Funds for a Project: Tips and Tools appeared first on Nonprofit Blog.

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How to Use Challenge Gifts to Bring in More Funds

Donorbox

A challenge gift uses nonprofits’ […] The post How to Use Challenge Gifts to Bring in More Funds appeared first on Nonprofit Blog. In this article, we’ll delve into different types of matching gifts, how to secure them, and ways you can ensure your campaign’s success. What is a Challenge Gift?

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5 Tips for Community Health Centers to Transition to New Fund Accounting Software

sgEngage

The right fund accounting software can save you time and streamline your processes. Here are five tips to help your community health center’s fund accounting implementation smooth and seamless. In a small, grant-funded organization, you might not have these skills and that’s ok! Identify the right skills on your team.

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The hidden advantages of Donor Advised Funds

DonorPerfect

Donor Advised Funds (DAFs) are investment accounts, typically managed by wealth management firms or community foundations, that donors can use to take immediate advantage of charitable tax benefits while they research potential beneficiaries and allow the investment to grow.

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5 Questions to Ask Your Fund Accounting Vendor

sgEngage

You’d see that the software tracks restricted funds the way you need it to. But you do have good critical thinking skills, and by getting answers to a few specific questions from your current or potential fund accounting vendor, you can better understand if their system will help your organization grow—or hold you back.

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