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Nonprofit Finances Now

Stanford Social Innovation Review

Nonprofit finances in the United States were relatively strong at the beginning of 2022, largely as a result of government and foundations stepping up their support of nonprofits during the COVID-19 pandemic. Foundations made meaningful funding changes that need to continue. By Chris Lisée & Larry McGill.

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green

Accounting Infrastructure Your nonprofit’s internal financial systems can make or break its growth potential. After all, to build up your organization, you first need a solid foundation! According to Jitasa , most nonprofits start out using the cash accounting method to track their finances—i.e., Methodology.

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Northern Illinois University Lands $40 Million From Bausterts

The Chronicle of Philanthropy

By Maria Di Mento Northern Illinois University Northern Illinois University announced a $40 million gift from the Baustert Family Foundation, the largest gift in the university’s history, to support the development of the Baustert Bahwell Health Technology Center. Above, nursing students work with a medical mannequin in a training lab.

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Job Description For Nonprofit Finance Director

The Charity CFO

Here’s a look at some of the qualifications you should look for in a nonprofit finance director and tips on how to verify those qualifications: Qualifications For A Nonprofit Finance Director. A Bachelor’s Degree In Accounting, Finance, Or A Related Field Is Required. Why this is important.

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Nonprofit Finances: A Quick Guide for Nonprofit Growth

Nonprofit Megaphone

For example, you might receive funds from: Grants provided by companies and foundations. Nonprofit finances can be challenging to understand. But, when your organization is considering opportunities for growth, you need to be able to understand your finances in order to see if you’re ready for growth.

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Protecting Nonprofits That Protect Us During Crises—and Beyond

NonProfit Quarterly

If we want nonprofits to support us in the next crisis, they must have sufficient resources. And to know what nonprofits need to do their jobs effectively, we must ask them directly. Additionally, the Paycheck Protection Program offered forgivable loans (de facto grants) that helped nonprofits shore up finances damaged by the pandemic.

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Unlocking the Potential of Open 990 Data

Stanford Social Innovation Review

The social sector is using big data to enhance nonprofit transparency and knowledge more than ever before, and the opening of the Form 990 has made an essential contribution. Making more robust use of open 990 data requires that nonprofits, foundations, researchers, and the IRS and federal government alike commit to sustained action.