In May, Salesforce announced their newest iteration on the Nonprofit Cloud– Nonprofit Cloud for Grantmaking. As of July 18, this innovation became fully available. This new addition to Nonprofit Cloud is supposed to track, manage, and deliver funding programs to drive stronger outcomes. Do you want more information on what that can look like for your organization? Keep reading for an overview.
Nonprofit Cloud for Grantmaking will be new functionality that is separate from the existing managed packages Grants Management and foundationConnect. This means grantmakers will have faster and easier access to the full Salesforce platform. It also means greater cross-sector impact by working hand in hand with other industries.
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Top Features of Nonprofit Cloud for Grantmaking
Curious about the value of Nonprofit Cloud for Grantmaking? Here's what you can expect from some of the top features:
- Grants Management: Uncomplicates the grant and funding delivery process so the focus remains on driving impact.
- Program Management: Connects programs and grants to understand how they’re driving the philanthropic mission forward.
- Application Management: Creates and publishes funding opportunities, provides grantseekers with proposal collaboration tools, awards grants, and manages budgets and disbursements.
- Budget Management: Manages grantee budget proposals through outbound and inbound interfaces and collects post award budget progress through a detailed grantee budget UI.
- Grantseeker and Grantee Experiences: Publishes branded grant portals with an out-of-the-box template for grant applications, external reviews, and post-award processing.
- Grants Portal Template: accelerates implementation and time to value so grantmakers can focus less on setting up their systems and more on funding important initiatives.
- Grant Budget Submission UI: Supports program managers in creating program budgets and grantseekers to submit budget details related to their grant applications.
Nonprofit Cloud for Grantmaking FAQ
You likely have questions on how this is going to impact you, especially if you’re already using existing Nonprofit Cloud tools. Here are some answers to your questions:
Can I get a trial so I can get to know the New Nonprofit Cloud for Grantmaking?
Yes! Salesforce is offering that. Follow this link so you can familiarize yourself with the features to manage the full grantmaking life cycle in one place.
Can I migrate from existing grantmaking products?
Not yet, but soon. Salesforce is working on tools and guidelines to help you make that journey. They are collaborating across their entire partner ecosystem to ensure that there are a rich set of resources available for existing customers who want to start trailblazing early. If that’s you, stay tuned for more details!
Will Nonprofit Cloud for Grantmaking be included in the Power of Us donation?
No. Nonprofit Cloud for Grantmaking is an add-on to the Nonprofit Cloud and will not be available through the Power of Us program. However, Nonprofit Cloud user licenses that are granted through the Power of Us program can be used as prerequisite user licenses for Grants Management, without requiring an additional Nonprofit Cloud licenses purchase (for the first 10 licenses).
And there you have it! Now you know the new features of Nonprofit Cloud for Grantmaking, and how you may want to use it for your organization.
Not entirely sure if this is the right fit, or how exactly you’d want to use this tool? Need more assistance on your Salesforce journey in general? We’ve got you. At Soapbox Engage, we offer Salesforce Consulting Services to implement and customize your Salesforce CRM and engagement tools in order to maximize impact. Reach out to us if you want to learn more!
Here are some more resources to help you on your nonprofit journey:
- What the New Salesforce Nonprofit Cloud Means for Your Organization: Did you miss the announcement of Salesforce’s new Nonprofit Cloud earlier this year? This blog post breaks it down in detail, and explains what it means for your nonprofit organization.
- 5 Characteristics of a Great Nonprofit Salesforce Consultant: Intrigued by our offer of Salesforce Consulting Services, but not exactly sure what you should be looking for? This blog post shares 5 important characteristics of a great consultant.
- How Salesforce Managed Services Can Help Your Nonprofit Exce: Not fully convinced that Salesforce is right for your organization at all? If you need help to see the benefit, check out this blog post that details how these services can help your organization excel on your journey to achieving your mission.
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