RELIGIOUS FOUNDATIONS, regardless of denomination, share many of the same requirements and obstacles regarding accurate fund accounting and rewarding fundraising endeavors. Religious foundations, like many other not-for-profit organizations, do not rely on federal and state monies to keep their operations flourishing.
FUND ACCOUNTING for religious foundations means tracking individual funding sources by grant and donor to a specific designation, accounting for ’restricted’ and ’unrestricted’ funds, preparing accurate and meaningful budgets, and quickly generating precise cross fiscal year reports.
FUNDRAISING is of paramount significance to religious foundations. Gifts, grants, and donations account for the vast majority of operating revenues. Strengthening relationships with constituents through targeted communications, solicitations, and acknowledgements requires a multi-faceted software utility. That software utility should also address volunteer and event management.