Best Of
Re: Award/Payment Notifications for Grantees
Hi Juana,
I know your original post is a few years old so I'm interested in how you decided to approach this as my organisation is very similar. We also process over 1000 grants a year which are a mixture of donor advised and other.
Currently we input everything in CSuite and then send to GLM as a request in Application Draft status. We then ask all our recipients to login and sign an agreement and provide their bank details so we can pay them - (this is on the application form).
Once they're submitted their form we approve for payment and assign follow up forms etc. We are hoping to switch to sending out grant letters instead of grant agreements but will continue to use GLM to code all our grants to our internal taxonomy.
Thanks,
Gabby
GabbyLam
Does anyone else have challenges with unidentified stock gifts?
We routinely get stock gifts into our Schwab account with no additional information. We have a process for sharing stock transfer information with donors but once someone has that information it's easy for them to send other gifts and frequently we receive stocks with no indication who it's from or for which fund it's intended. Does anyone else have this challenge? or how do you prevent this happenning?
Budget Software/Tools/Apps
Our Foundation operates on a calendar year, but we are heavily funded by other foundations so many of our funds have budgets that span over several years. We find that the budgeting tool in CSuite will not meet our needs. We wondered if any other Foundations are using another software/tool or app to supplement their budgeting needs?
