Nonprofits, Increasingly Eliminating the Pain and Cost of Grant Accounting

| October 30, 2017

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Most nonprofits depend heavily on grants from philanthropic foundations, corporations, government agencies and high-net-worth individuals. Accounting for how those grants are spent, however, is one of the biggest financial administration pain points facing these organizations.

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Neithercut Philanthropy Advisors

Neithercut Philanthropy Advisors (NPA) handles the philanthropic affairs for a select group of families and we advise foundations mostly family foundations on how to engage in effective, rewarding philanthropy. In short, NPA helps successful families become successful philanthropists. From the time a family foundation is incorporated to when the fourth or fifth generation of trustees is in charge, NPA works with family foundations at all stages of their development. Lack of a clear mission and grantmaking strategy, administrative and organizational burdens, and staffing and governance issues all pose challenges to effective grantmaking.

OTHER ARTICLES

How to Boost Donations Through Online Point-of-Sale Fundraising

Article | February 17, 2020

According to data firm Statista’s most recent e-commerce outlook, Americans will spend over $1,500 online each over the next 12 months. Moreover, that number is expected to surge even higher as Americans opt to do their holiday shopping online rather than wind their way through those infamous, in-store holiday crowds. If your nonprofit is able to turn that online shopping activity into a fundraising stream, there’s massive potential to boost donations. And the good news is that it’s not incredibly difficult to get started. Below, we’ll walk through how you can get your organization set up to accept these donations during your community’s online point-of-sale moments. First, however, we’ll explore the overall value of point-of-sale fundraising and why you need to consider it as a viable strategy for your nonprofit.

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4 Actions Responsive Nonprofits are Taking to Ensure Growth in 2020 and Beyond

Article | June 8, 2020

Barbara O’Reilly was recently featured on our Responsive Fundraising Podcast, where she discussed the three stages that follow an unexpected world event. First, the response phase, where we each find a way to contain the negative impact of the change. Next, comes the recovery phase, in which we all work together to find a way forward. Lastly, the resilience phase, in which we have recovered and emerge better than before. From the standpoint of COVID-19, we all have navigated the response phase, which triggered a far-reaching economic tremor. It’s fair to say that we currently live in the recovery phase, and probably will for quite a while. But even now, as we recover, our focus should be on the next phase: resilience. Of course, the resilience phase will look differently for everyone, and it is hard to predict exactly what it will look like for your nonprofit. However, there are ways for you to ensure that the work you do now will increase your annual revenue and improve donor retention while you recover and build resilience. Here’s how responsive fundraising can make that easier.

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8 Work From Home Tips to Boost Nonprofit Fundraising Productivity

Article | March 17, 2020

As every country pulls out all the stops to slow the spread of the coronavirus pandemic, many cities and states are requiring all nonessential employees to work from home. But the work can’t just come to a screeching halt. Nonprofits around the world are trying to figure out how to do as much work as possible online. Some development professionals might already work from home. Others are probably trying to figure out where to start.

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3 Soft Skills Every Fundraiser Needs

Article | April 22, 2020

"Soft skills" are a hot topic of discussion in recent years, especially in the business world. Many companies are beginning to prioritize hiring candidates with these interpersonal attributes because it’s easy to teach someone how to do a task. It’s much harder to teach people communication, problem-solving, and relational skills. Nonprofits are no exception. "Soft skills" are the unquantifiable abilities that help you build healthy relationships, communicate effectively, and make you an excellent fundraiser. Lacking these attributes could cause you to miss or misunderstand important things in conversations with current and potential donors (and your staff). Because so much fundraising happens online now (via websites, social media, and the telephone), it’s easy to assume that these soft skills are less valuable. On the contrary, they’re actually more important because every interaction carries more weight. We rounded up three soft skills every development professional should cultivate to boost your online fundraising.

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Spotlight

Neithercut Philanthropy Advisors

Neithercut Philanthropy Advisors (NPA) handles the philanthropic affairs for a select group of families and we advise foundations mostly family foundations on how to engage in effective, rewarding philanthropy. In short, NPA helps successful families become successful philanthropists. From the time a family foundation is incorporated to when the fourth or fifth generation of trustees is in charge, NPA works with family foundations at all stages of their development. Lack of a clear mission and grantmaking strategy, administrative and organizational burdens, and staffing and governance issues all pose challenges to effective grantmaking.

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