EDUCATIONAL INSTITUTIONS typically have to adhere to special COA schemas that will vary from state to state. And, because most educational institutions (Charter Schools in particluar) rely on state and federal grant money, fundraising becomes a more appealing endevour to help subsidize these grants.
FUND ACCOUNTING software must also address fund allocations and balances for clubs, student associations, athletics, and scholarship administration. Because many educational institutions receive state and federal grants they must also have cross fiscal year reporting capabilities.
FUNDRAISING and the importance of fundraising to supplement state and federal grants, is often overlooked or downplayed with educational institutions. Targeted campaigns for specific events not only ensure increased revenues, but provide a greater sense of community relations.
LEARN MORE about NP Solutions’ offerings: Abila MIP Fund Accounting (formerly Sage 100 Fund Accounting), Abila Fundraising 50 (formely Sage Fundraising 50), Abila Fundraising Online (formerly Sage SFundraising Online) - non-profit software applications for Educational Institutions.