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Contributions To DAFs, Distributions Both Decline

The NonProfit Times

By the 2023 calendar year-end, the Dow was 13.7% Market performance varied significantly during the 18-month period analyzed and documented in the report, resulting in different giving patterns between DAF sponsors that report on a fiscal year ending June 30 versus those that report on a calendar year ending December 31.

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Your IRS Form 990 Questions Answered

Blue Avocado

For nonprofits on a calendar fiscal year, your due date will be May 15th of the following year. If you haven’t had any extenuating issues with them as of yet, 2019 isn’t the year to start! Forms 990 are due on the 15th day of the fifth month, following the end of your organization’s taxable year. When is our organization’s fiscal year?

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Cornerstone Montgomery

RBW Strategy

Challenge RBW Strategy first partnered with 2019 to support a Substance Abuse and Mental Health Services Administration (SAMHSA) grant application. RBW Strategy’s support has led to additional new grant awards with an expanded number of funders, as well as additional federal grants since the original SAMHSA collaboration back in 2019.

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The data/crisis catch-22: How the pandemic created a social sector data gap  

Candid

We’re still waiting on tens of thousands of filings for 2019 iii and about 30% of 2020 filings; collection of 2021 filings has just begun. It is important to remember that organizations typically file tax returns the following year, so FY 2019 (i.e., In contrast, 2019 and 2020 fiscals are lagging at 24 months.

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Save Our Stages & PPP Part 2: The Next Round of Relief Funding

Cain Nonprofit Solutions

We can argue later as to whether or not this was cool of them… For now, here is a broad overview of what you need to know about PPP Part 2: PPP Part 2 is a $284 Billion Relief Package for small businesses and nonprofits PPP Part 2 extends the costs covered by PPP Part 1 out to March 31, 2021 This is considered a second draw of forgivable loans (..)

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Using smart tech to reimagine nonprofit work

Candid

Intelligent virtual assistants " can schedule meetings without the back and forth that even a tool like Doodle involves by regularly cruising through files, correspondence, and calendars . In 2019, the World Health Organization defined workplace burnout not as an employee problem, but as an organizational culture and leadership problem.

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Have grantmaker salaries kept up with inflation?  

Candid

While median starting salary increases outpaced inflation between 2019 and 2021, they fell to 0% in 2022. Salary increase calculations based on reported values of February of each calendar year. They’ve since swung back and landed just ahead of the inflation rate in 2023. Inflation rates are based on the U.S.