Grant payments with board approval for non-profits and foundations
Non-profits and foundations
Grant payments with board approval for non-profits and foundations
Grants often need board sign-off before they go out, and donors and regulators expect a clear record. IXFXN gives you both, including recurring grant payments.
What you'd use it for
- Grant disbursements with board approval
- Recurring grant instalments
- A board treasurer as the after-the-fact reviewer for smaller payments
The controls that matter here
- Board-level approval above a threshold
- Tamper-evident history for donor and regulator reporting
- Every recurring payment still goes through approvals
Ask: “Pay the second 40,000 USD instalment of the Riverside Literacy grant.”