GrantNews

MAY 8, 2024

Stay focused on your goal, but be prepared for what you’ll need to move forward. Cost of Incorporation& Tax-Exempt Status Every nonprofit startup must file a legal document known as the articles of incorporation with their state to begin the process. The work done by nonprofits is inspiring and so important!

Insurance

Blackbaud

SEPTEMBER 7, 2024

While functionally similar, the terminology reflects the unique goals and nature of nonprofit organizations. Accurate financial reporting reassures these stakeholders that their contributions are being used responsibly and in alignment with the organization’s goals. What’s included in a Statement of Activities? Internal Revenue Code.

Professional Services

Big Fundraising Ideas

SEPTEMBER 24, 2024

Navigating Liability: Top Digital Waiver Tips for Schools Fundraising is necessary for the vast majority of schools-but that doesn’t mean that it can’t be fun and exciting. When signed, waivers show that the participant has acknowledged any risks and agreed to release the provider from liability for damages.

Liability

Get Fully Funded

MARCH 16, 2023

To protect your organization from legal liabilities, you can incorporate online waivers into this process. Waivers are intended to protect the organization from potential risks and liabilities they could incur if a participant gets injured during the event, for example.

Fundraising

Just Write Grants

SEPTEMBER 6, 2023

Balance Sheet : Provides a quick overview of the nonprofit's financial position at a specific point in time, detailing its assets (what it owns), liabilities (what it owes), and equity (the net assets or funds available to the organization). Liabilities) These are amounts the nonprofit must pay, either now or in the future.

Finance

Get Fully Funded

MARCH 20, 2023

If you are too optimistic in estimating revenue and you don’t reach your goals, you’ll find yourself struggling to pay the bills later in the year. Document your assumptions and calculations about where the numbers come from. Whether you’re creating your budget with pen and paper or using an Excel document, double-check the math.

Budget

Red Tape Busters

NOVEMBER 1, 2023

The ultimate goal for any tender writer is to win lucrative contracts and secure business opportunities for their organisation. Ignoring the Fine Print – Hidden Pitfalls Tender documents are often lengthy and packed with information. Tender writers must navigate the intricacies of tender writing with creativity and prudence.

Contract

Get Fully Funded

JANUARY 16, 2024

The Difference Between For-Profit and Nonprofit Accounting Most for-profit organizations’ main goal in accounting is to earn the largest possible profit. Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts. Statement of financial position.

Policy

Get Fully Funded

FEBRUARY 20, 2023

Plus, it’s responsible for ensuring that you meet goals and keep promises to the public, donors, and beneficiaries. It’s also responsible for making sure the organization meets its regulatory responsibilities and files appropriate paperwork with government agencies. It’s a much bigger responsibility than most people understand.

Strategic Plan

Allied Grant Writers

OCTOBER 19, 2021

Project Support : This type of is given for a specific project that requests funders to state clear goals and give estimated costs. Secure and prepare your documents. File these documents. This is to protect both the board and staff from legal liabilities. This includes its giving history, leadership, and goal.

Grant Writing

Allied Grant Writers

OCTOBER 19, 2021

Project Support : This type of is given for a specific project that requests funders to state clear goals and give estimated costs. Secure and prepare your documents. File these documents. This is to protect both the board and staff from legal liabilities. This includes its giving history, leadership, and goal.

Grant Writing

Greater Giving

DECEMBER 19, 2023

Essentially, this term refers to the process of pulling your documented financial data and communicating it to stakeholders. Knowing where your nonprofit currently stands financially can help you prepare for future growth, set overarching goals, and chart a course for upcoming multi-year initiatives. Strategic planning.

Nonprofit

DoJiggy

SEPTEMBER 19, 2024

Making money is not a business priority, but it’s an important way to keep the organization running and pursuing its goals. Before you start planning finances, you’ll need to have clearly defined goals and outcomes for your organization. Add it to your Form 990 to account for your assets and liabilities.

Management

Qgiv

JULY 24, 2024

At its core, your board is responsible for steering your nonprofit towards achieving your goals while ensuring legal and ethical integrity. Your chair also acts as a liaison between your board and your staff to help with aligning goals and communication.

Nonprofit

GiveSmart

MARCH 21, 2024

Step 1: Set a Goal and Decide on the Basics Start by determining your goal and the type of event. Along with permits and licenses, consider getting event insurance , which offers liability protection if someone gets hurt or damages the venue’s property. Some events are more expensive than others.

Budget

Tech Soup

APRIL 2, 2012

Your technology plan is a document that lays out the goals and objectives of adopting and implementing technology. Poor technology planning is a liability not only to your nonprofit, but also to the people who rely on it. We'll cover best practices for backup, security, documentation, and unified communications.

Conference

DoJiggy

JULY 23, 2024

The Statement of Financial Position (AKA The Balance Sheet) The Statement of Financial Position provides a snapshot of the organization’s financial status at a particular point in time, detailing assets, liabilities, and net assets. Liabilities are what your organization owes to vendors, employees, or others.

Nonprofit

Planned Giving

FEBRUARY 12, 2025

However, for those with estates exceeding this amount, advanced planning is essential to minimize tax liabilities and ensure a smooth transfer of wealth. This generation often seeks to understand the intricacies of their estate planning documents, facilitated by the wealth of information available online.

Liability

Planned Giving

AUGUST 14, 2024

This article is designed to shed light on the differences between a trustor and a trustee, their duties, rights, and how they work together to achieve the goals of a trust. Trust Document : The legal document that outlines the terms and conditions of the trust. The trustor is responsible for: Drafting the trust document.

Management

Planned Giving

SEPTEMBER 9, 2024

Both parties are crucial in ensuring the trust is maintained according to the specific guidelines set out in the trust documents. All these details are documented in a trust agreement or declaration of trust. Draft the Trust Agreement: Work with an attorney to create a comprehensive trust document.

Liability