Blackbaud

DECEMBER 20, 2023

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet.

Indirect Cost

The NonProfit Times

AUGUST 22, 2024

But is flooding covered under a typical commercial insurance policy? Rushing : Flood coverage is not typically included in a commercial insurance policy. Although you might be able to purchase flood insurance from your carrier or add it to your policy, many managers do not. Q: Hurricanes and other storms often produce flooding.

Insurance

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. You can create presentation-ready charts that visually show what funds were spent, how they were used, and how that has changed over time. Restricted funds often outline what they will fund and what they won’t.

Funding

Peak Proposals

APRIL 3, 2023

For most proposals, this means that until the first draft of the proposal narrative is ready, the person leading the budget must stick to preliminary tasks, such as building the budget template until the first draft is ready. Preparing the budget justification as the last step in the proposal process is a common practice.

Budget

Qgiv

AUGUST 10, 2022

Ideally, they have a deep interest in your mission and are ready to pitch in their time, talent, and treasure. 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.

Finance

Qgiv

MARCH 5, 2024

501(c)(8): This type of nonprofit includes fraternal beneficiary societies and associations that provide benefits, such as insurance, to members of the organization through membership fees. These organizations can’t accept contributions and are generally funded by membership fees. These associations can’t accept contributions.

Insurance

The Fundraising Coach

OCTOBER 20, 2023

Life insurance: Donors can list your organization as a beneficiary on their life insurance policy. Since most planned gifts don’t affect the donor’s current finances, this presents an easier way to give a large donation without hurting their budget. They can also donate any unused retirement assets to your nonprofit.

Pass-Through

Peak Proposals

DECEMBER 22, 2019

If the proposal you are working on has a six-week turnaround , the first draft of the budget and the second draft of the narrative proposal should be ready for review at the same time (roughly 2–2.5 Still, that gap should be measured in days to a week or so, not in months. weeks into the process). 4 laptops, 3 iPads, and 3 mobile phones.

Funding

Planned Giving

AUGUST 15, 2024

If you’re not able to make decisions for yourself because of an illness or ailment, your chosen representative steps in to handle your finances and make medical decisions. It’s like an insurance policy for your life, not just your death. Steps to Create an Effective Estate Plan Ready to get started?

Insurance

The NonProfit Times

NOVEMBER 7, 2024

Conduct drills to ensure your nonprofit is ready for an emergency and require all who are on-site on training day to participate. Make sure your contract ensures they will assume liability for their actions and that the contractor is adequately insured and names your organization as an additional insured on their policies.

Liability