Tag Archive: "nonprofit budgeting"
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Whole Organization Budgeting: A Collaborative Approach for Nonprofits
A thoughtfully crafted budget is a blueprint for accomplishing your mission and program priorities. It does very little good if, once it is created, it disappears into your accounting system never again to be discussed with program leaders.
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What’s the Right Price for Nonprofit Mission?
Presenting a line-item budget to a potential funder is the equivalent of pricing the work at cost. It reduces the value of the work and the important mission it represents to time and materials. The danger of representing a nonprofit financial story this way is that we too often do an incomplete job of capturing the true costs associated with the work.