Category Archives: Finance
More Revenue Streams Needed Now Than 24 Months Ago
Nonprofits face continual financial pressures around revenue streams, with 57% of financial managers saying they need somewhat or much more stable cash flow, and nearly 7 in 10 sharing that they need more revenue streams today than they did two
Gender, Job Dissatisfaction Fuel Fundraisers’ Salary Gaps
Tax-exempt organizations often strive to bring equity, social justice and other forms of fairness to their client communities as part of mission. Often, however, these egalitarian impulses are ignored within their own operations. According to new data from the Association
Legal: 5 Considerations When A Bequest Is Challenged
By Kevin W. Weigand You’ve just learned that one of your largest donors has passed away and left a sizeable portion of her estate to your organization. The bequest will be transformational. Budgetary concerns will ease, and the organization will
Blackbaud Rejects $4.3 Billion Acquisition Bid
The board of directors at software and computing services provider Blackbaud as expected turned down a $4.3 billion acquisition offer from Clearlake Capital Group. The offer, which Blackbaud received in mid-April, was the second made by the Santa Monica, California-based
Blackbaud Reports 6.7% Gain, Boosted By Recurring Revenue
Software as a service giant Blackbaud reported first-quarter revenue of $279.3 million for the three-month period ending March 31, up 6.7% from the same period of a year ago. The gain represented organic revenue growth of 6.9%, which equated to
NPOs Targeted By House For Earmark Elimination
Nonprofits have been closed out of receiving earmarks from a major source of federal funding following last week’s rules change to a community project grant program. The change was made by Rep. Tom Cole (R-OK4), chairman of the powerful House
Up To $2 Million In Disaster Assistance For Washington NPOs
Low-interest federal disaster loans are available to certain private nonprofit organizations in Washington state following the federal disaster declaration for Public Assistance as a result of severe winter storms, straight-line winds, flooding, landslides and mudslides that occurred this past Jan.
Investing in Growth: Leaders’ Professional Development Plans
Nonprofit leaders need to commit to a mindset of continuous learning and professional development to remain relevant and effective in their current roles. This requires embracing opportunities for skill development, whether through reading books and articles, attending conferences and workshops,
Givebutter Gets $50M Private Equity Investment
Givebutter, the all-in-one nonprofit fundraising and CRM platform, closed a $50 million strategic growth investment led by BVP Forge, Bessemer Venture Partners’ dedicated investment fund for self-sustaining, growing companies. There is also participation from existing investor Ardent Venture Partners. The
Data Shows Online Giving Couldn’t Save 2023 Revenue
Fundraisers expecting online revenue to save their 2023 were probably very disappointed. Online revenue declined by 1% during 2023 on average, but revenue from monthly giving increased 6%, and accounted for 31% of all online revenue. Some nonprofits did have
