Candid

DECEMBER 6, 2022

You may also have legal fees and operational costs, such as office space, salaries, and insurance. Nonprofits are required by the IRS to keep detailed records, and there is a lot more paperwork for nonprofits than for other organizations, such as Limited Liability Corporations (LLCs). Shared control.

Liability 105

Liability Nonprofit Insurance Insurance 105

Red Tape Busters

JULY 11, 2023

Insurance The natural disasters that have besieged Australia in recent years, have highlighted the need for grant writers to have easy access to insurance details. Insurers and grant funding will usually ask for both. This information should be updated as Committee members change.

Insurance 52

Insurance Insurance Grant Grants 52

Qgiv

MARCH 5, 2024

501(c)(2) : This type of tax-exemption is for exempt organizations to create a corporation to hold the title to property the organization owns to minimize liability risks of losing the property. While the public can make contributions to these organizations, private citizens can’t create one because they’re created by congress.

Insurance 52

Insurance Insurance Nonprofit Liability 52

Big Fundraising Ideas

FEBRUARY 18, 2025

Primary School Fundraising Ideas: A Seasonal and Year-Round Guide Blog Summary: Looking for fun ways to raise money for your primary school throughout the year? If you plan to serve alcohol (where permitted), check local regulations and appropriate insurance needs. Charge an admission fee and sell warm beverages and glowsticks.

Fundraising 52

Fundraising Liability Insurance Donation Insurance 52

Red Tape Busters

NOVEMBER 1, 2023

For instance, when tender writers fail to thoroughly review insurance requirements, penalty clauses, or dispute resolution processes, it can leave their organisation vulnerable to unexpected liabilities. Overlooking unfavourable terms may result in the organisation assuming unintended liabilities or losing valuable rights.

Contracts 52

Contracts Contract Liability Proposal 52

Qgiv

AUGUST 10, 2022

Nonprofits have two customers – the people they serve through the mission and the people or organizations which pay for all or part of the services, such as donors, insurance companies, government entities, and more. This is also a good time to discuss liability issues and your board liability insurance (which you have, of course.)

Finance 52

Finance Nonprofit Policy Policies 52

Qgiv

JUNE 30, 2021

One lawsuit could damage your reputation, and it’s important for you to keep your liabilities in check. Workers compensation, claims management, and calculating insurance premiums is time-consuming and expensive, but a PEO can provide coverage as a co-employer. If your PEO suggests getting a lawyer, do so immediately.

Nonprofit 52

Nonprofit Training Liability Insurance 52