With staffing levels stretched to extremes during COVID-19, many nonprofit organizations are finding it more difficult to keep up with administrative tasks such as grant reporting. However, grant reporting remains critical to a nonprofit’s ongoing operations as grants account for about 20% of an average nonprofit’s income.
Even before the pandemic, grant reporting was often a dreaded topic by both grantees and grantmakers. Simplifying the grant reporting process can improve accuracy, keep grantmakers satisfied and connected with the nonprofit’s mission and assure future paths to funding. Grantmakers are increasingly viewing grant reporting as a strategic planning tool for allocation of their funds, and grantees recognize the need to simplify data collection and analysis for better outcomes.
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