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Is your nonprofit organization ‘grant-ready’? 

Candid

Foundation grants can be one of several revenue streams in a nonprofit organization’s sustainable fundraising plan. In 2022, foundation funding accounted for about $105.21 As a share of all revenue streams, including government funding, program revenue, and investment income, foundation and corporate grants made up 15.3%.

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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

But on occasion, a person will make a mistake or doesn’t follow the restrictions for the grant. To mitigate risk throughout your grant cycle, you need to know your grantees through relationships and documentation, support their internal controls, and set up a process for whistleblower complaints. How do you track time and effort?

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Five myths and misconceptions about Candid’s grant data

Candid

In service of this, in this blog, we’re highlighting five things we’ve heard about our grants data that aren’t quite accurate. Myth 1: “Candid grants data” is the same as “990 data.” tax exempt nonprofit organizations must file various Forms 990 with the Internal Revenue Service (IRS) each year. based foundations.

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Don’t Make These Common Mistakes When Filing Your Form 990

sgEngage

Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its own labyrinth of forms, requirements, and deadlines. Here are nine common mistakes Nikita and her team at Tax990 see nonprofits make when filing their form 990s.

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Navigating the Form 990 to find funding

Candid

All tax-exempt organizations, including foundations, must file some version of Form 990 with the IRS each year to comply with federal regulations. Do foundations file the same Form 990 as nonprofit organizations? . Some funders will even briefly describe the purpose of each grant. . Whether the charity makes grants .

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Resilient Communities Fund application questions

Charity Village

The Ontario Trillium Foundation has announced that grant applications for the Resilient Communities Fund are now open. The post Resilient Communities Fund application questions appeared first on CharityVillage. Application Deadline […].

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Where are the 2019 (and 2020) 990s? On filling the gaps in Candid’s grants data

Candid

There’s no universal date for filing 990s; instead, the end of an organization’s fiscal year determines when its 990 is due at the IRS. Add in six-month filing extensions and IRS processing time, and it can be two years before we receive all the returns for a specific year. The additional delays exacerbate this issue.

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