How to Make the Most of Your NFP/For-Profit Partnerships

Premium partnerships allow each party to focus on what they do best so that each one can leverage the synergy that is created when they cooperate, rather than compete. Such alliances allow each partner to achieve more than it would on its own and lets everyone make the best use of all their resources. This way less is wasted through the duplication of services or other assets.

The following strategies will help you and your partners reap the full benefits offered by collaborative relationships.

How Does the Partnership Serve Each Party’s Mission?

For collaborations to be worthwhile, they must serve the interests of each party. One way to ensure that everyone’s needs are being met is to look at each organisation’s values and mission. When creating the framework for your partnership, look for ways that the parties can cooperate and advance one another’s core objectives so that they are in alignment with each other's mission.

Take into Consideration What Each  Prospective Partner Has to Offer

Many corporate sponsors are content to provide cash donations to a nonprofit that they support, but, others wish to take a more hands-on approach. To make the most of this assistance, take into consideration how the for-profit partner is uniquely qualified to aid the NFP.

For example, they might lend the expertise of their staff to help with logistics, technical support, training or other similar assistance. If the company has products and services that the NFP or its members would find useful, it might donate hardware or software to help the nonprofit grow sustainably or improve its ability to deliver programs and thereby increase its impact in the community.

Use Branding and Messaging to Build Support for Each Partner

Each partner should provide high-resolution copies of their official logos, mottos and other brand messaging that can be used in public releases, news items and other communications so that each partner can benefit from the positive publicity and build their brand. Each party should share releases on their websites and social media channels. Designate key members of each organisation to act as community ambassadors that explain the work that the partners are accomplishing through their collaboration.

Create a Formal, Written Agreement

Make sure that your partnership gets started on the right track by creating a formal document that outlines the roles and responsibilities of each partner. Be very clear about what each partner will bring to the relationship.

Create a framework for managing the partnership. Designate contacts in each organisation that will be responsible for the management of the partnership. This document should define the purpose of your partnership, articulate your shared goals and outline your agreed upon policies and practices. It should include the guidelines that will be followed regarding leadership, communication and conflict resolution. Taking this approach from the very start will allow you to have more open and honest discussions and reduce potential confusion and misunderstandings.

Build Trust to Boost Your Donations

The more that your supporters trust you to keep your promises to put their contributions to good use, the more likely they are to donate to your cause. Donations from both individuals and businesses are critical to helping your nonprofit grow sustainably, as this type of funding typically doesn’t come with pre-conditions on how it is to be spent. When your NFP receives donations, you usually just need to ensure that they are used for a charitable purpose that advances your mission. The following three strategies will help you develop stronger relationships and greater trust with your donors and encourage greater giving.  

Use Consistent Messaging to Eliminate Confusion and Strengthen Your Brand

Do your supporters know what your organisation stands for? What images come to mind when they hear your name and tagline or see your logo? Are your messages consistent with your values and does it bring your mission into sharp focus? Use consistent messages across all your communication channels to create a strong brand identity for your nonprofit that will increase your NFP’s reputation.

Increase Transparency

One trend that nonprofits must stay on top of is donors’ growing desire for detailed information about NFP finances and activities. One way to increase understanding about your nonprofit’s position is to publish your financial results frequently. 

Release the minutes of your board meetings and hold your meetings in public so that your supporters have ample opportunity to review your NFP’s decision-making processes. Show your donors exactly how their contribution impacts your organisation, and how their donation will specifically be used to advance your mission forward!

Develop Relationships and Avoid the Hard Sell

Most of us are more likely to give to causes that resonate with us and because we have some personal connection to the mission.  Focus on open communication and building strong relationships with your current donors and prospects. Take the time to connect with them and learn what makes them “tick” as individuals so that you can show them how contributing to your NFP helps them as well as others. Reach out to your supporters on a regular basis to keep them updated on your activities and the progress that you are making.

Segment your donor lists and adjust your approach based on the frequency and size of individual donations. If someone declines to give a gift, thank them for supporting your nonprofit and ask them to continue their support in other forms. For example, just because someone can’t or won’t donate right now doesn’t mean that they are unwilling to advocate on your behalf or volunteer. Look for ways to streamline and simplify the donation process so that transactions are fast, secure and simple.

Finally, don’t forget to show your gratitude to your donors and other supporters. Automatically thank your online contributors, and follow up with a more personalised, handwritten thank you note. Or, if you prefer, you can pick up the phone and call them to show your heartfelt thanks! 

Your Team is the Best Resource You Have

Whether your nonprofit is staffed solely by volunteers, or positions at least partially paid, your people are your organisation’s most valuable asset. Your staff is the creative engine for identifying problems and finding new solutions to hard questions as well as accomplishing all of the hard work that benefits your service community. Without them, it’s impossible to create meaningful impact.

Despite their importance to achieving your goals, many nonprofit’s neglect their staff’s needs, and the results show up as a loss of worker productivity, donor engagement and your beneficiaries’ satisfaction.

To keep your staff on task and fully engaged, you must look after them, and find ways to increase the enjoyment that they experience working with your organisation. The following strategies can boost your team’s morale and keep them motivated to help your NFP meet its objectives and goals.

Spruce up the Workspace

The environment that we work in can have a direct, immediate impact on our energy levels, mood and sense of well-being. Give your team a boost by investing in quality lighting, including natural sources of light, and ensuring that they have the tools, material and equipment that they need to perform their work well.

This means investing in quality, ergonomically designed desks, chairs, computers and other hardware for office workers, and providing laptops and other mobile devices for workers that telecommute or otherwise work off-site. Invest in current software and other upgrades to ensure that your best people don’t become frustrated by hanging apps and lost data that sap willpower and decrease productivity.

Do Something Different, Exciting, and Fun as a Team

Team building exercises are great for increasing comradery and morale and helping your people learn how to cooperate and collaborate with one another. You could do something simple, such as hosting an office party or have a potluck at work, where everyone contributes a dish to a group meal, but why not make this event something to truly remember by hosting an offsite event.

If you have the budget, schedule your staff to take a joint field trip to a local amusement park, enjoy a picnic together on the beach. Whatever activity you choose, take steps to ensure that it is something that most of your staff will enjoy.

Perks and Rewards Have Their Place

While they should never take the place of just compensation that is due to your staff, partnering with third parties to offer meaningful rewards for exceptional service and dedication can help you show your staff that you do truly appreciate their effort and hard work.

To make sure that your rewards program is hitting the mark, conduct a survey to find out what types of rewards most appeal, and then work on incorporating as many of these ideas as possible into your program.

Be Flexible with Time Commitments

Another way to show your team that you understand their needs and value them for the unique people that they are is to offer schedules and time commitments that take into consideration real-world needs. Look for ways to allow team members to trade shifts and tasks to help them be able to meet their commitments to your nonprofit and their personal lives. Try to allow as many of your staff as possible to work remotely and offer multiple shifts and ranges of time for your people to have as many opportunities to work helping out at your NFP into their other obligations.

Provide Praise and Public Recognition

Everyone likes to have their hard work acknowledged and an appropriate level of gratitude expressed for their effort. Use your social media channels to give shout-outs to your team, host awards ceremonies, and otherwise publish notifications of your staff’s dedication to your organisation. In addition to these larger, more public efforts, never neglect an opportunity to “catch” your people doing something right and offer them praise on the spot.

Whether it’s a firm handshake and a heartfelt thank you spoken out loud or sending thanks in an email on a daily basis, let your team know how much their work means to you and your nonprofit! The more you can express your gratitude to your people, the more likely they will be thankful for the opportunities that your organisation offers them to help your service community!

How Volunteering Can Help Your Career

Many individuals consider volunteering because they want to give something back to their communities. They sometimes hold back and resist taking the plunge because they worry they won’t have the time and energy to commit to volunteering and working in a paid position as well. When it comes to filling the post of volunteer treasurer, many of the duties that need to be performed can seem so overwhelming that it makes folks reluctant to take on the role.

If you have a good bookkeeping software to help back you and your processes up, so that its quick and easy to keep your accounts updated, serving as a volunteer treasurer offers several benefits that far outweigh any concerns that might be holding you back from volunteering.

This is especially true if you want to move up in the current organisation where you work, or enter a new field completely as volunteering at a nonprofit offers the following benefits for your career prospects.

Improve Your Job Performance by Improving Your Health

Many nonprofit volunteers report that the work that they do to help others improves their self-esteem, personal satisfaction and confidence. They also report feeling calmer, less stressed and more at ease. This boost to your mental health makes you more resistant to the effects of stress and can boost overall immunity.

When our minds and bodies are healthy, and our immunity and mood are high, it’s easier for us to resist common colds and other bugs as they make the rounds in the workplace. This provides an indirect benefit to our careers since being healthy and resistant to stress reduces absenteeism and makes it easier to achieve peak performance so that we get noticed and promoted at work!

Increase Your Flexibility

Volunteering can be a great way to practice your existing skills, as well as pick up new ones if the volunteer work that you perform involves tasks and duties outside of your previous background. This makes volunteering the ideal way to keep your existing skills current as well as pick up new ones.

Prospective employers that see your volunteer work on your resume, and become aware of all of the tasks and duties that you fulfilled in your role are more likely to see you as the flexible and motivated employee that they need. It can also increase your chances of promotion and other forms of advancement.

Meet New People

As a volunteer, it’s likely that you will have the opportunity to meet and talk with people you would never have otherwise. Not only will you work with other volunteers, but you’ll also probably meet some of the beneficiaries of your nonprofit’s services. You may also come into close contact with donors, staff, board members, other volunteers and advocates.

Each time that you meet and interact with someone new, you are being given an opportunity to connect with people from diverse backgrounds who share your interests and values. When it comes time to find a new position, your new connections may well be the ones that help you locate your next paying position!

Spur Your Creativity, Cooperation and Critical Thinking Abilities

Most volunteers wear many hats in their organisations. Working with different groups of people, completing tasks and searching for solutions on the fly are all activities that you will likely perform as a volunteer. Activities like these boost your creativity, as well as improve your ability to cooperate and collaborate on shared projects and improve your ability to analyse information and reach logical, well thought out conclusions.

So, what’s so great about improving your ability to create, get along with others and make good decisions? These characteristics just happen to be some of the top traits shared by the world’s most successful leaders. Serving as treasurer or other volunteer gives you a chance to polish your leadership and gives you a head start on how to lead yourself and your team to greater levels of success!

How to Improve the Success of Your Digital Team

Is your digital team achieving the results that you want, especially in terms of engagement and growth? If not, your NFP certainly isn’t alone. According to the results of a study conducted by SSIR, around 40% of nonprofits report that the way that their digital teams are structured causes problems or simply doesn’t work to achieve the results that they want and need to thrive and grow.

The same study found that many NFPs have teams that lack diversity, and, that fail to encourage greater donor engagement with their nonprofits. If you want to improve the results of your digital messaging, your organisation must become more inclusive, and representative of the populations that you are trying to reach. Your messaging must also forge genuine relationships with donors to increase engagement.

The following tips can help your NFP improve the effectiveness of your digital team.

Become More Inclusive and Digital Friendly

Increasing the diversity of your digital team begins with increasing the diversity of your leaders, and your organisation overall. Take steps to review your recruitment and training processes to look for ways that your organisation has unconscious bias or institutional barriers that discourage immigrants, those in the LGBQT community, or other minorities from joining your nonprofit.

Develop onboarding processes that help those that are new to your organisation to understand their role and your NFP’s culture. Create mentorship programs that identify, support and develop leadership candidates that are well-versed in the use of technology and the role digital plays in achieving your mission.

Break Down Silos and Unleash Your Digital Team!

Don’t confine your digital team to the bubble of a single department, such as communications. Wherever possible, encourage greater collaboration with your digital team and other departments within your organisation.  

Have digital report directly to the executive director as the head of any other department would do and involve them in the decision-making process, especially when it comes to the design and implementation of your messaging and fundraising campaigns.

Focus on Engagement

Engagement is a hot topic in nonprofits today, yet, as the above study shows, 43% of NFPs don’t have anyone dedicated to donor engagement, and 75% fail to track metrics that measure and evaluate engagement.

If you want to improve your fundraising results, then your nonprofit must invest in harnessing digital’s power to facilitate relationship building, increasing communication with donors and encouraging greater involvement.

Don’t stop at a petition or donation request. Create regular events for your donors to deepen their connection with your organisation by taking direct action in the real, physical world on a regular basis that advances your mission.

Make sure your budget is realistic, and that it provides the level of funding that is needed to genuinely strengthen your digital teams and empower them to set and achieve ambitious targets!  

The Keys To The Success Of Your NFP

Creating a successful nonprofit takes more than the desire to lead positive change in your community. In addition to making a genuine impact, your organisation must be able to survive over the long term and grow at a sustainable level.

The following strategies can help you lay a strong foundation upon which to build and grow a focused, and resilient, organisation that moves its mission forward.

Clearly Define Your Purpose

It’s so much easier for organisations to make real progress when everyone shares the same values and focuses on the same goals. Nonprofit leaders should set the tone and pace of their organisation by clearly defining the reason why the NFP exists in their statement of purpose and include a list of activities that they will and will not pursue in the organisation’s formal bylaws.

Recruit and Retain Top Talent

Every organisation is only as strong as its weakest link. The people on your team are your most important asset, which means that whether you're searching for a director, support staff, or volunteers for your NFP, you need to take steps to ensure that you can attract and keep knowledgeable, skilled and gifted candidates for both paid, and unpaid, positions.

To help in your search for the best candidates, create a written description for every position within your NFP, whether it’s paid or unpaid. Not only will this help you to have a firmer grasp of the traits and qualities you need, clarifying roles, duties and responsibilities, it helps all parties get started on a better footing. Make sure that you conduct interviews, as well as background checks on all potential candidates before they begin work.

Activities like training, career guidance, peer-mentoring and job shadowing can help you ensure that each person that you bring on board will have the tools that they need to make a positive contribution to your team. Establish formal policies and protocols to increase open communication and quickly resolve any conflicts that arise to boost morale and workplace satisfaction.

Set Goals with Realistic Expectations

Creating goals that do not have a specific target, start and stop date, and are not easily measured, are usually unobtainable at the start. Whether it’s increasing the results of your fundraising efforts or the number and quality of services that you provide your beneficiaries, make sure that you are setting specific goals, with results that can be measured. This will make it easier to hit your target.

Keep All Your Stakeholders Updated and in the Loop

Do your volunteers know how important they are to achieving your goals? Do you show gratitude and fill them in on the results of their efforts? What about your donors? Do they know what’s truly at stake and understand how even very small, but consistent donations, can add up over time and help you achieve greater results? Do your service beneficiaries understand what you can do to help make their lives better?

Provide all stakeholders with frequent updates on the status of your projects and drives, and their results. Look for ways to get the word out about everyone’s hard work and other contributions across multiple media channels. Explain results in human “real world” terms to increase your stakeholder’s emotional connection to your organisation. And last, but certainly not least, never neglect an opportunity to express your gratitude for everyone’s contributions to your cause.

Do You Have These Skills To Help Your NFP Succeed?

Even if you have never worked for, or managed, an NFP before, you may find that you have many useful skills which can directly assist your organisation. Your individual skills, and the talents of your team members, is what gives your NFP its edge and corporate advantage over the other charities.

Leadership Skills

While you may not consider leadership skills to be important, remember, that it takes more than passion to lead an NFP to success. Leadership skills can vary but generally consist of the ability to think strategically and communicate well. Being able to motivate and inspire others is also an important asset to your company.

Marketing Skills

While traditional leaders have a team of marketers and social media managers working for them, NFPs have a leaner budget and must take on some of the efforts themselves. Social media can increase the awareness of your NFP and directly increase your fundraising efforts. As more and more people are accessing their information on mobile devices, NFPs need to stay up with the technology or avoid getting overlooked entirely.

Networking Skills

Being able to get out there and connect with other businesses and individuals will hold you in good stead. Effective communication and networking skills will enable you to reach out to potential donors and sponsors and really get across your motivations for doing what you do. Through your words alone, you can make connections that will guarantee long-term support, and ultimately the longevity of business.

Financial Skills

While financial skills can be learnt, having the ability to be able to manage the monies which come into the organisation can overcome any foreseeable challenges. It is not just a simple case of profit and loss for a nonprofit as the money may go back into the company to further their charitable aims, or even be allocated toward future fundraising and campaigns, as well as salaries and other running costs.

5 Marketing Tips for NFPs

Even though your nonprofit is just that, an organisation that is not designed to operate at a profit, marketing is still important. Without an effective marketing strategy, it's almost impossible for NFPs to raise awareness about their cause.

Marketing plays a critical role in a nonprofit's ability to meet fundraising goals and have the money that is needed for operations to continue. There are only so many dollars to go around, and there are hundreds, if not thousands, of similar nonprofit organisations that must compete for donations and other sources of funding, and marketing makes it possible for your NFP to stand out from the crowd.

The following marketing tips can help your NFP increase the impact of its messaging with potential donors and other supporters.

Branding - In Addition to Functionality, Make Certain Your Website Connects and Informs

Having a website that looks professional, functions well on traditional laptop and desktops as well as mobile platforms, and that connects with and tells your visitors, is crucial to increasing support for your NFP's mission and goals.

Keep your supporters updated by posting on a regular basis. Use images and video on your NFPs blog and elsewhere on your site to increase your nonprofit's emotional connection with donors. Take steps to ensure that your nonprofit's messaging is clear, and consistent throughout your site and all of your channels, to brand your content, and use good SEO practices and promote your best content to increase your reach.

Make it easy for supporters to jump on your bandwagon and support your cause by using buttons to make it easy for them to share your posts and other messages with their social networks.  

By branding your content, including a clear call to action in all posts and making it easy to share, you can easily turn your website, blog, and social media into a network that functions to increase donations and other forms of support for your nonprofit.   

Make Certain that You are Engaging with Donors in Their Preferred Format

Just as the customer is always right in business, your donor is always right. Are you contacting your donors and other supporters as often as they wish, and in their preferred format? Survey your current donors and supporters on a regular basis to discover what is, and is not, working.

How do your fans prefer to be contacted: email, direct mail, newsletters, telephone or in person? What is the impression of your supporters on your NFP's mission, goals and services? Once you have the results, take steps to meet the needs of your audience by segmenting your followers based on type and frequency of contact that they prefer. Use the insight that you gained to refine your messaging to ensure that your supporters have the right impression of your NFP, the services that it provides and the impact that you make.

Segment Audience Based on Demographics, Personalise Messaging

Not every approach, or every message, will work to persuade every supporter. Divide your supporters into lists based on demographics such as their personal interests, gender, age, education and income levels, and then tailor your approach, and your message, based on their individual segment. Remember to use tools to personalise your messages to increase your connection with your donors.

Set Targets, Benchmarks, Test Messaging and Measure Results, Don't Forget to Refine Messaging

Once you've segmented your supporters, set fundraising objectives and other benchmarks, such as targets for sharing, sign-ups and other forms of support. Don't forget to test the impact of your messages and use analytics to measure your results and compare them against benchmarks and standards to help you be able to determine just how effective your marketing campaign is.

Don't be afraid of change, and don't be satisfied with the status quo, but always be on the lookout for ways to continually refine and improve your messaging to ensure that you continue to meet your objectives.

Increase Engagement by Starting Conversations and Keep them Going

In addition to making it easy for your donors and other supporters to share your posts, further extend the reach of your messaging by visiting similar blogs and starting conversations by liking others posts and leaving comments, including a link back to your NFP's site in your signature. Always promptly respond to any comments that are made on your posts so that you can keep the conversation going and win further support for your cause!

Free Webinars Can Be A Great Source of Learning

We all need to hone our skills or take in some learning from time to time, and the start of the new year is a perfect time to do that.

As a volunteer treasurer, we understand that your budgets can be tight and opportunities to learn can be difficult to say the least. That is why FREE webinars can be invaluable to your charity or non-profit.

They give you the opportunity to refine your knowledge and keep the dollars available for the more important things.

Here are four great webinars to look out for.

Asking Styles: A Revolutionary Concept in Fundraising - 10 January 2017

There is no one right way to ask a business or individual for a donation. If you ask in your own style, you will be more comfortable and successful as an asker. Are you a rainmaker, a go-getter, a kindred spirit, a mission controller or a mix of two styles? In this webinar you will learn the unique strengths you bring to the table and how to craft your case for support in your own words and style.

Online Fundraising Best Practices for Nonprofits - 11 January 2017

This webinar will share best practices including detailed formulas that every nonprofit should be using to track the effectiveness of their fundraising efforts. You will also learn the 7 steps to online funding success, the donor retention problem and attributes of a killer marketing piece.

Finding New Donors for 2017 - January 18 2017

Did you know that over 75% of funding comes from individuals and that it costs twice as much to find new donors as it does to keep your existing ones. This informative webinar will show you 9 new places to find donors offline, the 4 effective ways of building your email list, the stages of giving to help you steward your donors towards larger gifts and how transparency raises you more money.

Crowdfunding 101 - January 19 2017

Crowdfunding is a new tool in the fundraising toolbox to raise more money, faster, from a larger audience. In this free webinar you will learn why crowdfunding is important for your organisation, how to incorporate it into your existing fundraising mix and the concrete steps you can execute immediately.

Let's make 2017 a wonderful year for your charity and your year as a volunteer treasurer extremely rewarding.

Self-Governance Checklist For Not For Profit Organisations

Running a not for profit organisation is not for the faint of heart. Not only are you responsible for the day to day running of the organisation but also for the continuous liaising with the board, stakeholders and others involved with the organisation. Add to that the need to ensure you are complying with all government regulations regarding not for profit organisations and in particular, self-governance conditions, and all of a sudden starting a not for profit organisation takes on a whole new meaning.

Of course, running the NFP is worthwhile for the cause/charity involved but it isn’t going to happen without a dedicated team who are committed to ensuring it is run with precision and care to ensure the best possible outcome at all times. Your board needs to be not only in line with your cause but must also have the skill set to ensure the NFP runs like a well-oiled machine including fundraising, staffing and meeting all reporting obligations.

It is not good enough to assume that someone in the organisation is meeting the statutory reporting needs as part of their role. This is a large part of running an NFP and needs to be allocated to a specific person who not only has the right skill set but the understanding of the importance of meeting these guidelines and ensuring that they are met on a regular basis.

One of the biggest areas outside of funding compliance, is the reporting and compliance of tax and superannuation guidelines for not for profit organisations. The Australian Taxation Office provides a wealth of information for NFPs including this handy Self-Governance Checklist for not for profit organisations. This checklist will allow key stakeholders to review and understand the organisations obligations for tax and superannuation reporting and allow them to put in place the necessary procedures to ensure these items are met in a timely manner as required by the Australian Taxation Office.

There are serious consequences if not for profit organisations fail to meet reporting requirements and it is not a good enough excuse to pass it off as someone else’s role. This role needs to be clearly defined from the outset and allocated to someone with strong skills in this area who will ensure the organisation’s performance and reputation are never brought into question. 

Celebrating 2015

Well, what a year it has been. It has been choc-o-block full of successes, triumphs and steep learning curves. And dare I say it, we know our charities and ourselves a little bit better than we did at the start.

Were you successful in securing funding for your NFP this year? It is a hard subject to tackle, but when working together with your local community, it can be very rewarding, not to mention beneficial in the long term. Or perhaps you had more luck with one of the available grants valid in your service area?

Many of our treasurers saw an increase in sponsorship which is a great move forward for NFPs and their awareness in the community.

Some of our working volunteer treasurers even had the chance to do some volunteer work outside of their usual treasury role. There are plenty of opportunities for volunteering, particularly around the December period when charities and NFPs are looking for additional hands to help with their Christmas-related projects.

Did you get a chance to look into the Fundraising Management Diploma at all? MTo recap, The Diploma in Fundraising Management is available to both home and international students as a distance learning course and enables participants to develop the knowledge and skills they need to advance in the area of professional fundraising – either working for an NFP or starting their own charity. Perhaps 2016 will finally be the year to take the plunge?

Whatever you will be doing, we hope that next year is, even more, eventful and successful than the last. So from Volunteer Treasurer to you, merry Christmas and a happy new year.

B Corp Offers Grants To NFPs

As a volunteer treasurer, you are probably always on the lookout for sources of additional funding for your Not-for-Profit (NFP). If your NFP does work that involves the health and well being of children, then you will be happy to learn about a new grant program being offered to NFPs by Whole Kids.

Whole Kids is a certified B corporation and a small, family business that offers children's products that are healthy and organic. This company has started the Small Seeds Community Grant to help fund local community NFP projects that improve the lives of children and their families.

The grants start at $500 and can be up to $5,000 for a single project. Currently, the company has committed to providing at least 1% of gross sales to funding the grants each quarter, and the company hopes to fund up to six projects per quarterly round.

NFPs can only apply for one grant per project. Applications that can be fully funded with smaller amounts are given preference so that the company can fund as many projects as possible each round.

The company started accepting online applications for the grants on April 1^st, and will continue accepting applications for this first round of funding through June 30^th of this year. Your NFP will be notified the following month after the round closes if their project was selected to receive one of the grants.

Service areas for the grants focus on projects that help children in the following eight areas:

·         Efforts to build stronger communities for families and children.

·         Improve the health and nutrition of children and improve access to wholesome foods.

·         Improve children's access to learning opportunities and education.

·         Improve the environment to reduce hazards to children.

·         Secure the environment, wildlife and natural resources for children for generations.

·         Promote safe places where children can play and enjoy recreational opportunities.

·         Improve the health and well being of children, including their mental health.

·         Promote social justice for children and the community and protect children's human rights.

Securing funding for your NFP local projects not only helps strengthen your community directly, it can also increase the stability of your NFP to ensure that you can continue operations and serve the needs of your community for the long term. If your NFP has projects that focus on improving the lives of children, why not consider applying for one of the grants today?

3 Bookkeeping Mistakes Your Club Or NFP Might Be Making

The end of the financial year is a great time to take a look at your bookkeeping processes to see what is working and what is not.  The systems which once worked for you may no longer be appropriate, especially if you have seen a growth in membership.

Here are 3 key bookkeeping mistakes made by many clubs and not for profit organisations.  Are you making any of these?

1.  Keeping paper based records.

This is one of the biggest mistakes you can make.  Keeping paper based records is a security risk.  Anyone can access them and – even worse – alter them without you even realising.  (And I hate to ask it, but where are your backup records?)

2.  Using the wrong financial record keeping software.

Sometimes your accountant will advise you to use accounting systems which, although excellent at what it does, is too advanced for you or your treasurer to use.  If yours is a smaller NFP you don’t need an accounting system full of bells and whistles.  Often it can be hard to imagine that errors are made purely by accident. Choose club software such as Admin Bandit software which gives you everything you need to accurately manage your accounts without giving you a headache.

3.  Not checking your records with the bank.

This is a basic mistake but it happens more often than you would think possible.  Sometimes it is an oversight and sometimes it’s a confusion over who is responsible for the task.  Other times it is because one person actively prevents it happening, and that’s when they know there is something to cover up. You can’t be confident in your records, especially if they are paper based, without confirming the details with your bank.

Now is the time to check the systems you are using to see whether or not they are working for you, and if there is a better, more secure way to manage your bookkeeping and club finances.