{"id":23501,"date":"2024-06-20T15:12:18","date_gmt":"2024-06-20T19:12:18","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=23501"},"modified":"2026-02-12T04:05:32","modified_gmt":"2026-02-12T09:05:32","slug":"efficient-grantmaking-process","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/efficient-grantmaking-process\/","title":{"rendered":"Efficient Grantmaking Process Workflows: A Path to Impactful Giving"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tEfficient Grantmaking Process Workflows: A Path to Impactful Giving\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2024-06-20T15:12:18-04:00\">June 20, 2024<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Efficient Grantmaking Process Workflows: A Path to Impactful Giving\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/efficient-grantmaking-process\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/natalie-anderson\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/08\/Natalie_Headshot_2021-1-350x350.jpg\" class=\"entry-author__image\" alt=\"\" \/>\t\t\t\t<span class=\"entry-author__name\">Natalie Anderson<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Foundations and other grantmaking organizations provide essential funding through grants and donor advised funds, creating a substantial impact on the nonprofit sector. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the <a href=\"https:\/\/blog.stelter.com\/2023\/06\/20\/giving-usa-2023-inside-the-numbers-and-a-look-ahead\/\" target=\"_blank\" rel=\"noreferrer noopener\">Giving USA 2023 report<\/a>, foundations gave one out of every five dollars to charity in 2022\u2014amounting to $105.21 billion in total.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-23efb364-d1fb-4864-ad29-3f8bc4bff12b\">Download our Benefits of Cloud-Based Accounting Software for Grantmaking Foundations ebook<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It can be hard work to make and manage grants that will advance your mission and generate real results for your community.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every grant dollar needs to make a difference. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To maximize impact, grantmaking organizations need solutions to manage and connect key development and operational processes with their financial processes.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-here-s-what-we-ll-cover\">Here&#8217;s what we&#8217;ll cover<\/h4>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-introducing-sage-intacct-for-grantmakers\" data-level=\"2\">Introducing Sage Intacct for Grantmakers<\/a><\/li><li><a href=\"#h-steps-to-an-effective-grantmaking-process\" data-level=\"2\">Steps to an Effective Grantmaking Process<\/a><ul><li><a href=\"#h-1-start-with-your-mission\" data-level=\"3\">1. Start with your mission<\/a><\/li><li><a href=\"#h-2-adopt-nonprofit-centric-technology\" data-level=\"3\">2. Adopt nonprofit-centric technology<\/a><\/li><li><a href=\"#h-3-plan-your-budget-and-determine-your-funding-focus\" data-level=\"3\">3. Plan your budget and determine your funding focus<\/a><\/li><li><a href=\"#h-4-assemble-a-good-team-to-manage-grant-applications-and-grant-decisions\" data-level=\"3\">4. Assemble a good team to manage grant applications and grant decisions<\/a><\/li><li><a href=\"#h-5-create-your-grant-application\" data-level=\"3\">5. Create your grant application<\/a><\/li><li><a href=\"#h-6-verify-grant-applicants-and-perform-due-diligence\" data-level=\"3\">6. Verify grant applicants and perform due diligence<\/a><\/li><li><a href=\"#h-7-make-award-decisions\" data-level=\"3\">7. Make award decisions<\/a><\/li><li><a href=\"#h-8-collaborate-with-grantees\" data-level=\"3\">8. Collaborate with grantees<\/a><\/li><li><a href=\"#h-9-measure-impact-and-report-outcomes\" data-level=\"3\">9. Measure impact and report outcomes<\/a><\/li><\/ul><\/li><li><a href=\"#h-final-thoughts\" data-level=\"2\">Final thoughts<\/a><\/li><li><a href=\"#h-about-the-author\" data-level=\"2\">About the author<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-introducing-sage-intacct-for-grantmakers\"><strong>Introducing Sage Intacct for Grantmakers<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Cloud-based nonprofit solutions, like Sage Intacct for Grantmakers, automate the grantmaking process with best practices and efficient workflows.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cloud automation also improves collaboration between the finance team and program leaders, thanks to real-time reporting and enhanced insights for decision makers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sage Intacct for Grantmakers streamlines the execution of grants and donor advised funds through automated, collaborative workflows connected directly to financials in Sage Intacct. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Powered by Sage Intacct Forms and Operational Flows, the solution fully automates the grantmaking life cycle, including the:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li> pre-award phase<\/li>\n\n\n\n<li>award decisions and notifications<\/li>\n\n\n\n<li>implementation<\/li>\n\n\n\n<li>monitoring and evaluation<\/li>\n\n\n\n<li>closeout.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In the remainder of this article, we will walk through the steps of an effective grantmaking process, highlighting workflows that can be enhanced by technology and examining how digital automation with Sage Intacct for Grantmakers can transform grantmaking efficiency.<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a708a64355de&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a708a64355de\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1430\" height=\"649\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Image1.jpg\" alt=\"Image of Grantmaking portal\" class=\"wp-image-23504\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Image1.jpg 1430w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Image1-768x349.jpg 768w\" sizes=\"auto, (max-width: 1430px) 100vw, 1430px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-steps-to-an-effective-grantmaking-process\"><strong>Steps to an Effective Grantmaking Process<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-start-with-your-mission\">1. <strong>Start with your mission<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Like all nonprofits, foundations must stay grounded in their mission. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before gathering grant applications and handing out money, grantmakers should be able to communicate their mission and the impact they intend to make with their funding. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Clarifying and refining your mission allows you to answer grantmaking questions such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>What change are you trying to drive?<\/li>\n\n\n\n<li>Who are you trying to help?<\/li>\n\n\n\n<li>What types of organizations or people will be eligible to receive your grants?<\/li>\n\n\n\n<li>What types of restrictions might you need to place on the funding?<\/li>\n<\/ul>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a708a643610c&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a708a643610c\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1191\" height=\"599\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Image2.jpg\" alt=\"Grantmaking Cycle infographic\" class=\"wp-image-23505\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Image2.jpg 1191w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Image2-768x386.jpg 768w\" sizes=\"auto, (max-width: 1191px) 100vw, 1191px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-adopt-nonprofit-centric-technology\">2. <strong>Adopt nonprofit-centric technology<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/industry\/nonprofit\/foundations-philanthropic-charities\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cloud accounting software designed for foundations<\/a> and nonprofits can help you structure your grantmaking process, track the status of your grants, manage finances and budgets, and monitor outcomes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cloud solutions provide easier visibility to real-time data and insights, helping foundations maximize mission impact and ensure greater transparency.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-plan-your-budget-and-determine-your-funding-focus\">3. <strong>Plan your budget and determine your funding focus<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Budgeting should include not only the money for grants your organization awards, but also for the people, processes, and technology needed to administer, track, and report on grant progress.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your mission will guide how you use funding to achieve goals and drive change, also known as <strong>funding focus<\/strong>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, if your organization is eliminating hunger, will you focus funding on food pantry and soup kitchen operations, or will you focus on poverty eradication and empowerment programs and training, or will you direct grants toward studying the problem and looking for new solutions?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-assemble-a-good-team-to-manage-grant-applications-and-grant-decisions\">4. <strong>Assemble a good team to manage grant applications and grant decisions<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Grantmakers need talented people to design grant applications as well as organize and track the status of applications received. To decide who will receive grants, organizations will establish a selection committee. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The people reviewing and deciding on grants may include stakeholders, members of your staff, and board members. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ideally, you may also want to include external reviewers with first-hand experience in the communities you\u2019re trying to help and with the problems your mission seeks to solve.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Benefits of Cloud-Based Accounting Software for Grantmaking Foundations<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Discover how Sage Intacct can help you accomplish your mission by providing you the visibility, flexibility, efficiency, automation, and integration you need to succeed.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"##gate-23efb364-d1fb-4864-ad29-3f8bc4bff12b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1408431081-1215x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1408431081-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-create-your-grant-application\">5. <strong>Create your grant application<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The pre-award phase of grantmaking sets the tone for your future collaboration with grantees. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, the application process should point directly to your mission and the application should include clear instructions. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eliminate paper-based applications in favor of the speed, ease, and organization of online grant applications. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sage Intacct for Grantmakers provides customizable online grant application forms (no coding required) and eligibility quizzes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-verify-grant-applicants-and-perform-due-diligence\">6. <strong>Verify grant applicants and perform due diligence<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">When you commit precious resources to a grantee, you want to know the program and organization are legitimate and will spend the money to achieve the desired outcome. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s why it is essential to perform due diligence and verify the legitimacy of potential new grantees as you review each grant application. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sage Intacct for Grantmakers helps verify the legitimacy of grant applicants through an automated verification process.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-make-award-decisions\">7. <strong>Make award decisions<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">After your grant review committee selects the grantees that will be awarded, you will need to communicate with both grantees and applicants who were not selected. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Automation can significantly speed this process and help ensure no one slips through the cracks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sage Intacct for Grantmakers includes automated award letters.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once grantees are in your network, you can further automate contract review and accept electronic signatures from grantees.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-8-collaborate-with-grantees\">8. <strong>Collaborate with grantees<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Today\u2019s leading grantmaking organizations don\u2019t simply write a check and wait for results\u2014they partner with grantees to drive change and increase mission impact. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Automation helps you keep details squared away so your team can concentrate on the mission and building deeper relationships with grantees.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With Sage Intacct for Grantmakers, workflows are fully digitized, with information about vendors, grantees, grant award payments, and more flowing automatically into the appropriate areas of Sage Intacct. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Community foundations can create a no-code, two-way communication portal with donor advisors to streamline award notification requests and share contribution history and giving details.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-9-measure-impact-and-report-outcomes\">9. <strong>Measure impact and report outcomes<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As grants are in progress and later closed out, you will want to make data-driven decisions about whether to renew your grant, based on measured outcomes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sage Intacct for Grantmakers automates interim and final reporting, so grantmakers can measure impact at the grant and organizational level, and then share those results with stakeholders and decision makers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-final-thoughts\"><strong>Final thoughts<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Experienced grantmakers know the keys to smooth grantmaking are active collaboration between the finance team and program staff along with easy communication and data exchange with grantees. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Automation can eliminate grantmaking process bottlenecks and improve communications with employees, grant applicants, grantees, fund advisors, vendors, and more. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Having automation like <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/datasheets\/sage-intacct-for-grantmakers\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sage Intacct for Grantmakers<\/a> ensures everyone has access to real-time information they need to make the best decisions and move grants forward for excellent outcomes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leverage technology to empower your people and infuse your grantmaking process with efficiency. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Download the <a href=\"#gate-23efb364-d1fb-4864-ad29-3f8bc4bff12b\" target=\"_blank\" rel=\"noreferrer noopener\">Benefits of Cloud Accounting for Grantmaking Organizations<\/a> e-book to learn more about how to maximize mission impact with cloud-based solutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-the-author\">About <strong>the author<\/strong><\/h2>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a708a64388c6&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a708a64388c6\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"558\" height=\"540\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/06\/Natalie_Anderson-Headshot.jpg\" alt=\"Photo of Natalie Anderson, Senior Nonprofit Industry Marketing Manager at Sage\" class=\"wp-image-23509\"\/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Natalie Anderson is a senior nonprofit industry marketing manager for Sage Intacct. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Natalie has 10 years of experience in software marketing and is passionate about helping nonprofits leverage software to achieve mission success.<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/cash-flow\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tCash Flow\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/growing-a-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tGrowing a business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-13533 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-boss-your-business tag-business-continuity tag-cash-flow tag-productivity tag-small-business business_type-small-business business_type-growing-business card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/BrandShootLDN_Dec2021_Construction_0014-JPG-Sage-Advice-1215x810.jpeg\" class=\"card-post__image\" alt=\"Construction professional at desk\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/BrandShootLDN_Dec2021_Construction_0014-JPG-Sage-Advice-684x384.jpeg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/BrandShootLDN_Dec2021_Construction_0014-JPG-Sage-Advice-768x512.jpeg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/BrandShootLDN_Dec2021_Construction_0014-JPG-Sage-Advice-1215x810.jpeg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-31T05:12:45-04:00\">July 31, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">16 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/why-you-should-be-doing-cash-flow-analysis\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tCash flow analysis guide: Definition, steps, and examples\u00a0\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tUnderstanding your cash flow is key to making confident financial decisions. This guide explains how cash flow analysis works, what it tells you about your business, and how to use it to plan ahead. We\u2019ll also look at a cash flow analysis example so you can see how the process is applied practically. \t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-26418 post type-post status-publish format-standard has-post-thumbnail hentry category-growth-customers category-strategy-legal-operations tag-business-strategy tag-growing-a-business business_type-small-business business_type-growing-business industry-nonprofit\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/can-nonprofits-make-profit\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-684x384.jpg\" class=\"card-post__image\" alt=\"A group of volunteers in blue shirts stands in front of colorful graffiti, with one person holding a notepad and smiling.\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-30T09:53:50-04:00\">July 30, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">1 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tCan nonprofits make a profit?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-24727 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-growing-a-business tag-small-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/margin-calculator\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-607477465-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-607477465-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-607477465-768x513.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-607477465-1214x810.jpg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-30T06:19:00-04:00\">July 30, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">1 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tMargin calculator (how to calculate profit margin)\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-34435 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-cash-flow tag-growing-a-business tag-small-business business_type-small-business business_type-growing-business industry-nonprofit\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/church-accounting-101\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1261563958-684x384.jpg\" class=\"card-post__image\" alt=\"3 men sit in front of a computer\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1261563958-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1261563958-768x432.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1261563958-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-21T12:11:21-04:00\">July 21, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">12 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tChurch accounting 101: What you need to know\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-27370 post type-post status-publish format-standard has-post-thumbnail hentry category-people-leadership category-strategy-legal-operations category-trends-insights tag-accounting-101 tag-boss-your-business tag-business-intelligence tag-growing-a-business tag-hr-payroll tag-performance tag-workplace-of-the-future business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/how-many-work-hours-in-a-year\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/09\/BrandShootSF_Oct2021_ProfSvcs_C7476-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/09\/BrandShootSF_Oct2021_ProfSvcs_C7476-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/09\/BrandShootSF_Oct2021_ProfSvcs_C7476-768x432.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/09\/BrandShootSF_Oct2021_ProfSvcs_C7476-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-20T04:33:05-04:00\">July 20, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">15 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tHow many work hours in a year?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Foundations and other grantmaking organizations provide essential funding through grants and donor advised funds, creating a substantial impact on the nonprofit sector. According to the Giving USA 2023 report, foundations gave one out of every five dollars to charity in 2022\u2014amounting to $105.21 billion in total. 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