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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability.

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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. Questions focused on nonprofits’ programmatic, operational, and financial health.

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Post-Pandemic: Rebuilding Your Volunteer and Financial Base

Bloomerang

A recent study by Fidelity Charitable – the USA’s biggest grantmaking public charity – reported that two out of three volunteers had reduced or halted their participation at a nonprofit which before COVID-19 , they’d previously offered their time to. A small personal touch is an appropriate reminder of how valued they are. .

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The Importance of Establishing Operating Reserves for Nonprofits

Stanford Social Innovation Review

By Christine Hunt One of the most impactful grant programs the Kendeda Fund has ever undertaken was funding our nonprofit partners’ operating reserves. While living that close to financial insolvency may be common, it is extremely risky for any nonprofit, not just those whose funders are sunsetting.

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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. Executive Director Luis Gallardo calculated that the nonprofit would need half a million dollars in the best-case scenario and, more likely, a million dollars to reach the first milestones. Yet even after having been awarded an $11.2

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5 Common Misconceptions (& Realities) About Nonprofit Audits

NonProfit Leadership Alliance

Its no secret that effective financial management is critical for nonprofits to thrive. However, many aspects of nonprofit finance can be confusing or difficult to navigate, from deciding how much of your budget to spend on overhead to choosing an accounting platform to organize your records. Lets dive in!

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What’s Next for Community Development Finance?

NonProfit Quarterly

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development loan funds with a combined $27 million in assets under management. Between 2014 and 2022 alone, assets under management in the CDFI sector expanded more than sevenfold. billion in assets by 2022. Advocates won big here.