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diverkathy
Jun 20, 2021 6:41 PM UTC
Question

Non Profit - Grants & stipends

Hello,

I am treasurer of a non-profit advocacy global organization that has more than 140 geographic groups. The Global organization receives large grants and then our groups apply directly to us for smaller grants or stipends as we call them.  Then board decides on the amounts and recipients of the stipends and the group receives the funds from us as reimbursement if spent correctly and receipts presented.  I have to report all the transactions to the Original Grantor, the board of directors, and file FEC.   I stymied how to set this up. 

HELP  Any ideas? w

2 replies

Fiat Lux - ASIA
Fiat Lux - ASIA
Jun 21, 2021 7:02 AM UTC

Consider having a project management app to integrate with your QBO to manage all those 140 groups on a single dashboard. You may utilize the expense management feature to process the reimbursement request across groups/projects.

LaterWhen
Jun 21, 2021 5:12 PM UTC

There is a facebook group called Quickbooks for NonProfits - I am sure someone in that community could answer your question. 

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