Remove Funding Remove Insurance Remove Policies
article thumbnail

How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Internal controls help protect these assets from fraud , theft, and misuse, ensuring that funds are used for their intended purposes. Strong internal controls promote financial transparency and accountability, demonstrating that funds are being used ethically and effectively. Update controls as needed to address emerging risks.

article thumbnail

Supporting nonprofit and mission-driven affordable housing providers 

Candid

But it has always been precarious, relying on a combination of government funding and razor-thin operating margins. This lowers property revenue, even as material, labor, and insurance costs risea combination thats making building and operating affordable housing extremely difficult, or even infeasible. How did we get here?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is There An Inequality Tipping Point for Nonprofits?

Blue Avocado

The wealthy have already begun their exit from supporting societal crises through funding the government. As smaller donations continue to decline, the philanthropic system is at risk of catastrophic failure if high-net-worth individuals, driven by natural human fears, feel a need to give less and less as insurance against a dangerous future.

article thumbnail

Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

Running a nonprofit comes with a long to-do list – raising funds, managing programs, keeping records, staying compliant – the list goes on. For example, if your organization isn’t a registered 501(c)(3) or you’re unsure how your classification affects funding , a fiscal agent can help bridge the gap.

article thumbnail

​A nonprofit Swiss Army knife: How fiscal sponsorship works to help advance shared goals

Candid

This way, changemakers dont need to create a new nonprofit from scratchwhich requires IRS tax-exempt status, a board of directors, a bank account, accounting, charitable registration, insurance, human resources, an audit, and state and federal filings. Other fees may apply depending on the sponsor.

article thumbnail

Survey: US Nonprofits at Critical Point as Funding for Community Needs Falters

NonProfit PRO

hide(); }});--> Nonprofit Finance Fund (NFF) has released the results of a survey of the nonprofits that drive social and economic well-being in neighborhoods across the country. This is not sustainable for the long term without additional funding sources.” 84% of respondents with government funding expect cuts to that funding.

article thumbnail

Meeting the mental health needs of older adults through community programs 

Candid

Policy shifts, including cuts to Medicare and Medicaid and services such as Meals On Wheels, impact older adults’ access to care, especially among those relying on public insurance or fixed incomes. By integrating with health care systems or other partners, they can demonstrate cost savings and secure diversified funding.