In today's philanthropic world, the management of grants is the decisive factor in making a difference for many needy foundations. According to a study published recently by National Philanthropic Trust, nonprofit giving from foundations amounts to $105.21 billion, which is the kind of money one would not entrust to free software for its management. Even though free grant management software may appear costless, it almost always comes with hidden downsides that can seriously impede your organization's operations. This blog explores why you should not take the risk with free grant management software and why paying the price for a system might be the smarter choice.
