AccuFund Blog

Stay in the know with the AccuFund blog.

Get the latest news and insights right here.

AnywhereCloudImage DataSheets2021 SMALLforBLOGIf you're actively exploring cloud-based options for municipal government software, you’re in good company.

Nationwide, among both for-profit and nonprofit organizations, cloud software adoption has never been stronger. Estimates vary, but the most recent one suggests that 94% of enterprises use

Read more

2021Blog Growth CoinStackSMALL AdobeStock 240065665We bet that the title of this blog surprised you. After all, many articles lately focus on gloom and doom: how nonprofit revenues are down, how the pandemic is increasing services while decreasing volunteer hours and potential donations, and so on.

Yes, it’s all true. But here at AccuFund, we

Read more

Modernization Blog SMALLImage AdobeStock 229424507Is it time for local government accounting modernization?

Modernization sounds like a strange word to use when it comes to describing a local government initiative. But just like you may modernize your kitchen or bathroom, governments need to modernize their systems too.

Local government accounting

Read more

Blog cybersecurity iconSMALLWhen choosing public sector software, it’s vital to choose software that offers maximum security for sensitive data and systems.

The Department of Homeland Security requested a $2.6 billion cybersecurity budget for the fiscal year 2020-2021. The Federal Government is taking cybersecurity very

Read more

20 years blueThe best business ideas start with solving a problem. Twenty years ago, AccuFund had its beginnings in solving a business issue and grew into a software company focused on helping local governments and nonprofit organizations achieve their mission.

In 2001, AccuFund founder Gordon Holfelder and

Read more

BlogImage NewNormal2020 thumbnailFrom every corner of the world and including every community member, collectively, we are charged with operating under a new normal. Basic communication, friendly greetings, social interaction, making plans, helping others – everything we were accustomed to, is done differently now. With more

Read more

COVID 19imageAs a nonprofit, you’re used to being on the front line helping your community members tackle the challenges they face every single day. From social services to arts and education to health and religion, you play a critical role in helping others. The positive impact you have on your community has

Read more

Salesforce logoSometimes it’s the little things in life that make all the difference.
A friendly smile, a warm, sunny day,
a Salesforce formula that generates immediate results.

Yes, a Salesforce formula.

As an example, let’s say your nonprofit is looking to raise 10% more than it did in the previous Calendar

Read more

Survey Says! Opportunities Abound for Organizations to Improve Endowment Management

AccuFund recently commissioned publisher Nonprofit PRO to survey its readers (nonprofit finance professionals and top organization management) to benchmark the methods used to manage endowment accounting.  With 272 endowment professionals responding, the vast majority of organizations (83%) manage endowments less than $100 million.

Opportunities Abound!

In spite of endowment management solutions available, only a small percentage of organizations (9.5%) are using one.  Rather, 35.5% are reliant on entry-level solutions requiring manual intervention and 55% are using an exorbitant system. The alarmingly high number of respondents (90.5%) using inefficient systems ultimately prevents their organization from effectively managing their endowments. The opportunity for improvement is enormous!

•    9.5% of respondents use in-house or cloud-based endowment management software
•    35.5% indicate using Excel or QuickBooks
•    55% use the organization’s accounting system or a third party investment advisor

Trending Towards Transparency!  As the trend continues to move towards increased organizational transparency, reporting is a critical component that, when using an endowment-specific management solution, enables organizations to communicate efficiently and efficiently with all appropriate parties.


The 2015-2016 Endowment Accounting Insights & Analysis Survey sought information central to endowment accounting management, including the frequency of fund statement reports, the systems used to manage finances, and specific software features used to manage endowments.  Learn more…view the entire 2015-2016 Endowment Accounting Insights & Analysis Survey Infographic.


AccuFund is 100% focused on serving nonprofits and government entities. It’s all we do. AccuFund is dedicated to providing easy-to-use, flexible, and powerful financial management software supporting nonprofits, endowments, representative payees and government organizations.