4 Reasons Why Government Agencies Need Fund Accounting Software
As a government agency, your team is used to doing more with less. But just because your accounting is complicated—with [...]
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 [...]
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 [...]
3 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.
