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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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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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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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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. Strong communities need strong nonprofits. Government, philanthropy, and community members all relied on nonprofits during the COVID pandemic.

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Post-Pandemic: Rebuilding Your Volunteer and Financial Base

Bloomerang

based nonprofits. The Community Foundation Public Awareness Initiative. Offering a state-by-state guide to community foundation grant programs. Initiative for nonprofits and businesses both at federal and state levels. . The Chronicle Of Philanthropy. National Center For Family Philanthropy.

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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. Johnson Center for Philanthropy, which points to dozens of breakthroughs where open Form 990 data enabled new insights and practices. Suggestions for Action.

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[ASK AN EXPERT] What’s The Best Way To Share Tax Information With Donors?

Bloomerang

Dear Not a Tax Lawyer, While it’s not your job to be your donor’s financial or legal advisor, it is your job to be their philanthropy facilitator. Here are a few examples of how other nonprofits shared this information with their potential donors: Jewish Federation of Cleveland. Community Foundation of Western Nevada.

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