-
Indiana-based Third Party Accounting
All, we are a nonprofit scholarship org in Indiana that recently switched to Foundant. Our independent, 3rd party accountant who performed monthly reconciliation left and took another job. The firm has assigned someone else, but there has been a slow transfer from the former person to the new person. If we decide to go…
-
Using Standardized Test Scores to Evaluate Scholarship Applicants
After making standardized test scores optional on our UA in 2021, we returned to requiring them in 2022. None of our individual scholarship opportunities use test scores for eligibility, but our reviewers have found them helpful in assessing applicants' academics. Given the trend toward colleges/universities not requiring…
-
Best Practice for Donor Record Retention in CRM Software
I am wondering if anyone has best practices for how long you keep an inactive donor's record in a database? We keep all donation history in our accounting system but our CRM (DonorPerfect) charges based on number of profiles, so we have been culling some small batches of donor records to stay within the current bracket for…
-
Data Capture - Targeted Demographics, Places and Identifying Gaps
Hi, We updated our grant application forms to better assess targeted social minorities applicants aim to serve (e.g. foster youth, persons w/disabilities, etc). We also include an option to check mark all the zip codes an applicant targets geographically to identify potential gaps within our county. With help from…
-
Scholarship - room and board
Good afternoon, I have a few questions related to scholarship payments: Do you limit scholarship payments to tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution? Do you allow students to use…
-
Hey-o from the East Coast!
Hi Everyone! I wanted to welcome you all to the East Coast Regional Group here on Compass. Eastern time zone employees at Foundant are in the minority for staff members so I get REALLY excited when I speak to other people in my time zone :) I'm a CSM who works remotely for Foundant out of York, PA. Where you all from? I'll…
-
Welcome to the Canadian Regional Discussion Group in Compass!
Hello! We have plenty of friends from Canada join-in on Foundant's sector education events like Coffee Talks and webinars. We would love to make this a meeting place for you to share ideas and ask questions of one another. Please join-in and introduce yourself, or just go ahead and post a question or idea here if you have…
-
Submitting grants to board for approval
Our board allows staff to approve grants $5,000 or below as long as due diligence has been completed. Our grant committee approves anything above $5,000 via DocuSign. We currently submit an exhaustive list of all grants processed from donor advised funds, designated funds, scholarships, expense to fund, etc., regardless of…
-
RFP for Senior Programs/Projects
Hi all, We are planning to open a call for proposals from local nonprofits to support programs/projects focused on seniors specifically. We want to keep the initial RFP flexible and do not want to add many requirements on the type of program it should be however we are thinking we should avoid funding any programs that…
-
A Great Idea
Thanks for creating Connected Philanthropy. We're all better if we can work together and collaborate. I like this as a new venue to share ideas and learn. Kent Kent C. Weimer, Chartered Advisor in Philanthropy® Director of Trusts, Estates and Gift Planning Parkland Foundation
-
Challenge Grant Cancellation Letter Example
In GLM we make challenge grant awards with a dollar for dollar match. Once they raise the match we match with our commitment. We have a challenge that isn't going to be met and we need to cancel it in GLM, but I need to send a formal letter advising them of the cancellation. I was wondering if anyone has done this in the…
-
Foundant's Executive Leadership Team Earns Most Valuable Community Champion Award!
Dear Compass Community, I have some exciting news to share. Our Executive Leadership Team has won Higher Logic’s Most Valuable Community Champion award! Higher Logic is a leader in the online community space, empowering growth-minded organizations to build more engaged and meaningful relationships with their customers.…
-
Say Hi to your neighbors in Regional Chats!
Let us know where you're from, share an interesting fact about your town (i.e. Did you know it's illegal to use a lasso to catch fish in Tennessee?), and connect with others in your region!
-
Benchmarking
We are a community foundation in Central Kentucky looking to establish some benchmarking with similar size foundations. We currently have $30 million in assets in 196 funds. We are particularly looking at this from a growth and staffing standpoint as well as general comparisons. Open to learning and other areas of…
-
Nonprofit Q&A Webinar: How to Communicate for Good - April 27, 10:00 am MT
REGISTER HERE Thursday, April 27 | 9 am PT / 12 pm ET | 60 minutes In our upcoming sector education webinar on April 19, Communicate for Good: Raise Awareness, Revenue, and Impact One Word at a Time, renowned communication expert, speaker, author, coach, and University of Washington professor @EricaBarnhart will share…
-
How to Successfully Onboard New Subscribers to your Nonprofit E-Newsletter (+ Recording)
Watch the recording: Email is critical to your organization's fundraising and marketing efforts. As a one-to-one communications platform, email is a great way to build relationships and eventually convert subscribers into donors. That entire process starts with onboarding new subscribers via your website. In this webinar,…
-
Have you commented on the initial proposals for revising the Federal Race and Ethnicity Standards?
Want to make sure everyone is aware of the April 12, 2023 deadline to provide input into this process. Summary: The Office of the Chief Statistician is taking a key step forward in its formal process to revise OMB’s statistical standards for collecting and reporting race and ethnicity data across Federal agencies…
-
Job Opportunity-Sacramento Region Community Foundation
Hello Everyone! The Sacramento Region Community Foundation is looking to fill the role of Senior Accountant. Please see the attached job description and if you're interested in the position please apply. Feel free to forward the job description to people you think might be a good fit. Regards, Edward Harris Chief Financial…
-
Hiring for Communications Officer at Berkshire Taconic Community Foundation
Hi, everyone! We are looking for a Communications Officer to join our team in Western, Massachusetts. *** Communications Officer Berkshire Taconic Community Foundation seeks a full-time Communications Officer to elevate our mission and amplify diverse community voices and stories that illuminate our work supporting…
-
Looking for Community Engagement Officer, Equity and Inclusion, Berkshire Taconic Community Foundati
We are excited to share that we are looking for a new Community Engagement Officer for our Equity Initiative in Western Massachusetts. Email hr@berkshiretaconic.org to apply. *** Community Engagement Officer, Equity and Inclusion Berkshire Taconic Community Foundation (BTCF) seeks a Community Engagement Officer for Equity…
-
Must read books for Community Foundation professionals!
I'm building out my 2023 book list and would like to sprinkle in some "must-reads" for community foundation/nonprofit professionals. What are your recommendations?
-
Convincing funders quality is as important and quantity.
We are a small international organization striving to teach and support youth and young adults (ages 15-23 orphans) self-love and self-sufficiency through direct experience in social enterprise. In other words, how to create, manage and stabilize a small business. As a startup organization with devoted staff, and a strong…
-
Congrats to the February Top 10!
Congratulations to @saraholzawski, @SaraOmari, @LizJones, @SkyeWeber, @CarissaGump, @WandaWillis, @ColbyFetterhoff, @KaitlynThrogmorton, @MadisonLeighty, and @AndrewBishop! 😎 As a thank you for your contributions to our Compass community this past month, you will be entered into a random drawing for a surprise. The winner…
-
Easy as 1, 2, 3!
Make the most of Compass with these three steps: 1) Update your profile. Click on your photo/emoji in the top right corner and click Edit Profile. Update all fields and add/update your profile picture to earn the Photogenic badge (10 points)! 2) Update your Notification Preferences. While you're on your Edit Profile page,…
-
State of Grantseeking Survey
Hello! The annual State of Grantseeking Survey is now open, and we're asking you to please take part. This survey spotlights recent developments in funding so that organizations can be more strategic in their grantseeking. The resulting—free—State of Grantseeking reports, published in May, serve as valuable analytic tools…
-
Leveraging Generative AI in the Nonprofit Sector
As the use of artificial intelligence (AI) continues to grow in various industries, nonprofits can also benefit from the power of AI to further their missions and make a greater impact. In this webinar, we will explore specific ways generative AI can be used in the nonprofit sector, including but not limited to automating…
-
How do you stay connected with your Board of Directors and committees?
What strategies do you use to keep your Board connected and engaged with your important philanthropic work? Some questions from today's Coffee Talk to think about: What are your policies and procedures for your Board of Directors and Committees? How do you recruit and bring on new members? How do you structure committees…
-
Trust-Based Philanthropy
The community foundation I work for is starting research regarding the trust based philanthropy model. I am curious if there are other community foundations out there already engaging in this practice. Can you provide a couple of pros and cons regarding your experience? What has been the biggest challenge?
-
Do You Have a (Caramel) Sweet Tooth?
Do you want to earn a box of Bozeman-made Bequet caramels??? All you have to do is post 25 responses to discussions or answers to questions! This is a LIMITED TIME badge to be earned in Compass! So far, 30 members have earned this badge! @CelesteCarlson, @BettieStammerjohn, @KentWeimer, @LisaDiehl @AshleyHarper,…
-
Moved: Impact Investing
This discussion has been moved.
