What Is the Difference Between Funds With Donor Restrictions and Without Donor Restrictions? Nonprofits have a unique accounting standard that differs from other types of businesses. Nonprofits have two categories for funds received: 1) funds with donor restrictions, and 2) funds without donor restrictions. These used to be called unrestricted, temporarily restricted, and permanently restricted […]
Creating a Budget for a Grant Proposal Besides submitting a written proposal, most grant funders require nonprofits to submit a budget to go along with their application. Typically, you will submit three different types of budgets on your grant proposals. (Not all proposals will ask for all three, but many will ask for at least […]
Everything You Need to Know About Your Nonprofit’s Annual Budget It is budgeting season, which means it’s time for nonprofit leaders to dive deep into financial planning for the coming year. Here is what you absolutely need to know as you begin the budgeting process, especially if you are a new nonprofit leader. Why create […]
