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3 Ways to Manage & Grow Major Donor Relationships

Nonprofit Tech for Good

They find great satisfaction and pride in funding growth and expansion. 1) Invite major donors to be an integral part of the work they’re funding. The specifics of what their money would be funding. Be as transparent as possible about the path your donor’s funds are taking from contribution to action to impact.

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Beyond Donations: A Guide For Effective Nonprofit Financial Management

Bloomerang

The services and programs your organization delivers are vital, but improper or ineffective fund management is a disservice to your donors and the people and cause you serve. So, how can you be sure that the funds you receive are used most effectively? By learning about and prioritizing nonprofit financial management.

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. Without that, the SOA can misrepresent the financial health of the organization and lead to future funding issues. It offers a comprehensive overview of revenue and expenses over a specific timeframe.

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Five ways to level up your GivingTuesday campaign

Candid

GivingTuesday also kicks off what the nonprofit industry refers to as giving season —when organizations receive up to 30% of their annual donations— from November 29 through December 31. . These goals could be either about raising funds or increasing the impact of your nonprofit. This year, GivingTuesday is November 29, 2022. .

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6 Generations of Giving: Who Gives the Most and How They Prefer to Give

Nonprofit Tech for Good

In the short-term, older donors are going to give the most money, but younger generations are more likely to give their time, in volunteer hours, serve on an organization’s board of directors, and have connections to corporate giving opportunities. Donate their time and spread the word on social media.

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How Can Nonprofits Make the Most of Overhead Funds?

ASU Lodestar Center

These costs, referred to as “indirect” expenses, “general and administrative (G&A)” costs or “overhead,” include such outlays as salaries and employer related expenses, utilities, rent, computers, and information technology (IT). Grantor agencies also eschew funding these necessary expenses.

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ABFE and Candid partner on new research on Black leaders

Candid

This project will leverage Candid’s unique database, including demographic information about organizations’ current CEO/executive director(s), board, and staff and data on funding and resources. What do we know about funding support for Historically Black Colleges and Universities (HBCUs)? . Philanthropic funding for HBCUs .