Fund Accounting Software for Non-profits
Meet NPact’s Fund Investment Tool
NPact’s Fund Investment Tool (FIT) is a powerful and flexible financial processing tool designed to integrate with leading fund accounting solutions. FIT helps foundations, non-profits, and investment management firms streamline complex financial workflows, improve financial management, and maintain accurate financial data across all fund structures.
FIT Enhances Your Existing Foundation Accounting Software
A welcome addition to most foundation accounting software, FIT enables foundations and other non‑profits to automate complex recurring calculations regarding endowment fees, spending policies, income allocation, and rebalancing. This supports stronger non-profit accounting, more accurate financial reports, and improved visibility into bank accounts, cash flow, and real‑time fund activity.
Built to Save Time and Reduce Manual Work
FIT reduces manual work and operational risk by automating investment calculations that typically require hours of spreadsheet manipulation. This directly supports your goals to save you time, improve financial statements, and streamline reporting, including income allocations, admin fees, spending policies, and rebalancing.
Designed For Non-Profit Organizations and Foundations
FIT is built for non-profit organizations, community foundations, and financial institutions that manage endowments and restricted funds . It strengthens donor management, improves transparency, and supports compliance needs.
Fund Investment Tool Key Features
- Automated income allocation and asset rebalancing
- Streamlined fund fee assessment
- Flexible annual fund distributions and spending policy calculations
- Real‑time financial reporting
- Bank reconciliation and cash flow visibility
- Integrates with Oracle NetSuite or
- Blackbaud Financial Edge NXT to record journal entries
FIT Integrates Seamlessly with Your Existing Accounting Software
FIT provides finance teams with advanced features and capabilities designed by industry experts to strengthen fund accounting and improve financial management.
Oracle NetSuite Integration
Seamlessly connect FIT with Oracle NetSuite to automate journal entries, improve financial data accuracy, and streamline reconciliation workflows.
Blackbaud Financial Edge NXT Integration
FIT integrates directly with Blackbaud Financial Edge NXT, creating journal entries, improved financial reports, and consistent fund accounting across systems.
FIT is More than an Endowment Calculator
Much more than an endowment calculator, Fund Investment Tool enables foundations and other non‑profits to automate complex financial processes for endowments, donor advised funds, and other fund structures, saving hundreds of hours of manual calculation and improving financial statements, fund accounting, and cash flow accuracy.
Advanced Fund Accounting Reconciliation Tools
Manage endowments through configurable calculation methodologies: average daily balance, month-end balance, rolling averages, and more.
Access fund records to view the assigned revenue pools, rebalancing strategies, fee schedules, spending policy pools, and FIT processing history.
Rebalance fund assets against investment targets or cash.
Allocate investment income and fees to donor advised funds.
Retain batch processing history for a detailed audit trail.
How FIT Improves Non-profit Financial Management
> Reduces Operational Risk
Automate high‑volume calculations to reduce manual errors and strengthen internal controls. Replace spreadsheets with secure, cloud-based data aggregation.
> Increases Reporting Accuracy
Improve the precision of financial reports, bank reconciliation, and fund accounting outputs with consistent, automated processes.
> Strengthens Donor Transparency
Provide donors with clearer, more accurate insights into fund performance, allocations, and distributions.
Customer Stories: Community Foundation Fund Accounting Software
Silicon Valley Community Foundation
Find out how NPact helped SVCF transition to the Fund Investment Tool, resulting in faster close times and providing donors with a more accurate financial understanding of their funds.
Foundation For The Carolinas
Discover how NPact helped FFTC analyze what new software would best meet their needs, and to transition to the new system with the least amount of impact to their operations.
Broward College Foundation
Discover how NPact helped BCF improve the endowment management process by making it more time-efficient, improving auditing capabilities, and creating SOPs that would make it easier to train new team members.
The Catholic Foundation of Greater Philadelphia
Find out how NPact helped CFGP implement new software to increase efficiency, streamline processes and eliminate spreadsheets in order to work more strategically.
Frequently Asked Questions
Who is FIT designed for?
FIT is built for non-profit organizations, foundations, and institutions that manage multiple funds, endowments, or donor-advised funds. It’s ideal for finance teams looking to reduce manual work, improve accuracy, and increase transparency in fund investment accounting.
What types of calculations can FIT automate?
FIT automates: Investment income allocation using ending balance or average daily balance, tiered administrative fees by fund or fee family, Spending policy distributions using rolling quarterly averages, Fund-level asset rebalancing based on percentage or dollar targets.
Is FIT secure?
Yes. FIT is hosted in a secure cloud environment with encryption, role-based access controls, and regular security audits to protect your financial data.
How long does implementation take?
Implementation typically takes 60 to 90 days, depending on your organization’s availability and the complexity of your fund structure. NPact provides dedicated onboarding support to ensure a smooth and successful rollout.