Creating the Foundation for a Best-In-Class Nonprofit Finance Team
Nonprofits rely on their finance teams to educate management and the board on all financial aspects related to the organization. [...]
The Benefits of One Story: Communicating Financial Information to Your Nonprofit Board
The members of your nonprofit’s Board of Directors are many things: knowledgeable and successful in their areas of focus, community [...]
3 Ways to Create Efficiencies in Your Nonprofit’s Monthly Finance Workflow
I love the saying: Where your attention goes, energy flows. We want to put our energy into the right things [...]
5 Questions about Calculating Your Indirect Cost Rates
Nonprofit organizations are beginning to use indirect costs more frequently in their budgeting processes, whether or not they are pursuing [...]
Making a Case for Calculating Your Nonprofit’s Indirect Costs
If the 500-piece puzzle you are working on only has 475 pieces, you would not only have gaps in the [...]
3 Signs Your Organization Needs a Nonprofit Accounting System
When you are just getting started as a nonprofit, you are focused on getting an accounting system that fits your [...]
The 990: From Compliance to Communication
Only 10% of philanthropic foundations have a website to communicate their work. Here at Candid, we’ve been tracking those statistics [...]
Three Imperatives for the Modern Nonprofit CFO in the Digital Age
As nonprofit finance leaders, we are charged with empowering our teams with the technology, skills, and support they need to [...]
Due Diligence Best Practices for Grantmakers
Grantmaking is the heart of the private foundation industry and is often the largest expenditure for a foundation. With grant-giving [...]
How Nonprofits Can Build Trust with Strong Internal Controls
Internal controls will minimize the risk of a nonprofit violating policies, regulations, and laws.
