Getting Your Grant Proposals Right the First Time
When it comes to grant money, spending the funds in the manner described by your grant proposal is very important—and modifying a grant award is a time-consuming extra step. As such, you should be sure to coordinate carefully among your development team, program staff, and nonprofit proposal writers to ensure that your grant proposals accurately […]
Moving on From the Pandemic: The New Nonprofit Environment
For nonprofits that managed to persist in the face of the pandemic, now is the time to switch focus from surviving to thriving, writes Evgeny Redjebov in a new article for Forbes. This means pursuing new digital approaches, adopting data-driven strategies, and developing an adaptive working environment. Click here to learn more.
Board Governance – Part 2
A Not-for-Profit board is charged with the responsibility to set and oversee the strategic objectives of the Organization, in order for the Organization to accomplish its mission. Governance is the shared responsibility between the board and management of the Not-for-Profit Organization. While the responsibility is shared, the board has liability for the Not-for-Profit Organization, and […]
Board Governance Series – Part 1
A Not-for-Profit board is charged with the responsibility to set and oversee the strategic objectives of the Organization, in order for the Organization to accomplish its mission. Governance is the shared responsibility between the board and management of the Not-for-Profit Organization. While the responsibility is shared, the board has liability for the Not-for-Profit Organization, and […]
How a New Board Position Could Help Your Nonprofit Tackle Governance Struggles
Nonprofit boards of directors face many challenges when it comes to proper governance, write Paul Jansen and Helen Hatch in a recent article for the Stanford Social Innovation Review. The authors suggest that designating a Chief Governance Officer (CGO) might be the solution to the obstacles that nonprofit boards face. They examine common sources of […]
What You Should Know About the FASB’s New Lease Standards
After repeated delays, new lease accounting rules—ASC 842—introduced in 2016 are finally in effect as of December 15, 2021, writes Denise McKnight, CPA in a new article from The NonProfit Times. The goal of ASC 842 is to “increase transparency and comparability among organizations.” Nonprofit leaders seeking to understand and comply with the new requirements […]
5 Tips for Bringing in More Donations Online
The most well-funded nonprofits are often those that have honed their online giving strategies. In a recent article for Entrepreneur, Dana Snyder offers five helpful tips for nonprofits looking to raise more funds via the internet in 2022. According to Snyder, it boils down to investing in tech tools and platforms that allow you to […]
Crafting a Mature Financial Reserves Policy for Your Nonprofit
Does your nonprofit have a strong financial reserve strategy in place? “Reserves are a critical part of any operation that can be used in a plethora of ways,” explains a recent article from The NonProfit Times. Crafting a robust plan for storing and using reserves can go a long way in supporting your organization, especially […]