At the risk of sounding cliche, 2020 was an unprecedented year for all of us. For Fluxx, 2020 was a year spent working round-the-clock to further collaborate and support our clients and team while also adjusting to a fully-remote work environment. We also found new ways to support our community, volunteer, and give back throughout this ongoing crisis. It’s safe to say our team is closing out the year feeling a renewed appreciation for our work, one another, and our impact.
For many, December is a month for reflection. A time to look back and assess, and use those learnings to plan for the upcoming year. That’s exactly what we aimed to do with our latest Fluxx Community Insights survey. And during a time of reflection, what better topic to survey than the one consistent that dominated this year – the COVID-19 pandemic.
The COVID-19 pandemic sidelined more than a few well-thought-out grantmaking plans. All year, grantmakers have been forced to pivot to tackle urgent health and safety concerns while also assessing their own diversity, equity and inclusion practices and funding for systemic social justice problems. Couple that with the sharp rise in climate-related disasters we’re experiencing across the world, and it’s starting to look like the only thing we can expect is the unexpected.
Your Grants Management Solution Needs Administrator Control + Data Organization to be Most Valuable. Here’s Why
So much has to go into a robust grants management solution in order for teams to successfully understand and leverage their data, and streamline their work. One of the most important factors is if platform administrators can control who sees what, and when. Why? Because grantmaking “takes a village.” It’s a team effort that relies heavily on each player, and when process confusion exists in your workflow, grantees have to wait longer for funds or basic information. Here’s what you want to do:
COVID-19 has been an incredibly challenging experience worldwide, and society will likely be dealing with the ramifications of this pandemic for years to come. But one positive we’ve witnessed in philanthropy is the amount of grantmakers who’ve leveraged their connections, community, and their grants management solutions to spring into collective action to support their grantees and missions.
The killing of George Floyd ignited an immediate resurgence of the Black Lives Matter movement, worldwide protests, and grassroots activism and donations. According to the New York Times, $90 million was donated to bail funds alone. Within philanthropy, the events of this summer added jet fuel to the urgent prioritization of diversity equity and inclusion (DEI). In this first-ever Fluxx Community Insights blog, we will share how our clients are prioritizing DEI within their organization, and with their grantees.
Consider this your friendly reminder – the new FASB accounting standards go into effect this December 15th! If that sentence gave you a wave of anxiety, don’t worry, we’ve got you covered. Earlier this year we released a webinar about what the new standards mean for foundations and their grantees, along with a few examples of how you might interpret and implement the changes in your grants management system.
Fluxx is a community-focused organization. In fact, one of the reasons many funders come to Fluxx for their grants management solution needs is that our thriving community site acts as a meeting place where hundreds of funders worldwide can convene and share their tips and tricks for streamlining their work.
If you’re constantly manually moving data across systems you know how time-consuming it is. Even worse, it is the perfect recipe for errors, meaning you will be spending extra time cross-referencing your own data across whatever myriad of systems you’re using. The most obvious solution to this problem? Integrations. At Fluxx, we love them. Why? Because they allow our funders to leverage multiple systems in one place and to do more directly within Fluxx Grantmaker. And most importantly, they help ensure that the data we’re using to make strategic decisions is accurate.