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Three Organizations Invest $40M in Seed Funding for Black-led Nonprofits

NonProfit PRO

Ballmer Group, Echoing Green, and New Profit announce funding for a new initiative to address the systemic funding gap for Black-led nonprofit organizations in the U.S. The grant will fund a five-year initiative to build leadership and sustainability of Black-led organizations focused on economic mobility.

Fund 246
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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. Come along with us as we explore how nonprofit grant management software is evolving and what cool new things it can do to help organizations like yours get and use funding to make a real difference.

Grant 225
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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?

Fund 88
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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!

Grant 91
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Best Practices for a Stress-Free Fund Accounting System Implementation

sgEngage

Implementing a robust and modern fund accounting system can save your team time, make reporting faster, and give you more opportunity to focus on impactful work. But introducing a new fund accounting system can be a sizable undertaking—even when you know it will be worth it. Mindset matters. Understanding the Timeline.

System 71
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Impact investing: Catalyzing systemic change 

Candid

And every philanthropist or foundation chooses how to frame that impact, directing funds to one cause over another. Over more than a quarter-century, it has distributed more than $400 million across “impact-screened” investments in municipal bonds, private equity, and exchange-traded funds—all of which continue to return market-rate profits.

System 98
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Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System?

sgEngage

Grant-funded nonprofits know compliance isn’t a nice-to-have. If all your Ts aren’t crossed and your Is aren’t dotted on your grant reporting, your chances of repeat funding from that entity are low. When your accounting system is not built to handle restricted funding , each report can feel like a fire drill.

System 71