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

sgEngage

You’ve been grant shopping for some time now, but are you prepared for what’s next once you start to receive them? Many grants come with significant—and detailed—compliance requirements. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements.

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The Future of Funding: Nonprofit Grant Management Software Trends

Nonprofit Tech for Good

As a nonprofit organization, securing funding is essential to fulfilling your mission and driving meaningful change in your community. However, managing grants efficiently and effectively can often be a daunting task, requiring meticulous attention to detail, rigorous compliance measures, and streamlined processes.

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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. Approval workflows that automatically enforce compliance Grants are the backbone of many community health centers.

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

sgEngage

But inertia is not an option when your grant programs outgrow your current solution, or your vendor sunsets the software you use, like Salesforce is doing with their grant management software, FoundationConnect. It’s also important to understand how you determine success for your current grant programs.

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Appeals Court Rules Funding Process A Contract, Not A Grant

The NonProfit Times

The judges also determined the rules of the granting process in Fearless Foundation’s “Fearless Strivers Grant Contest,” constituted a contract and were therefore subject to anti racial-discrimination statutes found in 42 U.S. The Fearless Fund has worked tirelessly with what resources we have to support underrepresented communities.

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Grants management software

Bonterra

Grants management software Unify giving and grantmaking Build strategic nonprofit partnerships that drive more social impact with less work for your teams. Learn more Measure program outcomes in real time Built-in reporting Bonterra’s native reporting tool empowers grants administrators to measure program outcomes, not just outputs.

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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.

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