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

Wild Apricot

Whether you’re just getting started or looking for a way to manage grants and donations more effectively, understanding fiscal agents can help you move forward with fewer risks and more confidence. Here’s what that usually includes: Receiving and managing funds : The fiscal agent collects donations and grant money on your behalf.

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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

Grants can give a group or business the chance to make a major difference on their community that they would otherwise be unable to fund. Writing excellent grant submissions, on the other hand, might feel like going into a complicated and lengthy maze with a lot of things to consider. What is Grant Writing? What are Grants?

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

Grants can give a group or business the chance to make a major difference on their community that they would otherwise be unable to fund. Writing excellent grant submissions, on the other hand, might feel like going into a complicated and lengthy maze with a lot of things to consider. What is Grant Writing? What are Grants?

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501c.yada, yada, yada

Sharpshooter Communications

It’s a simple question for grant seekers in the US: What is your organization’s tax status? There are probably a million loopholes through and around these requirements. Therefore, in addition to a notification requirement , Type III supporting organizations must pass separate responsiveness and integral part tests.

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Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

Audited financials are a common component of grant readiness discussions and are often requested by funders. Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Why Do I Need an Audit? How Do I Find an Auditor?

GPC
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Should You Accept ANY Type of Nonprofit Donation? (And How Should You Gracefully Decline a Gift?)

Get Fully Funded

You either get a credit card donation through your organization’s website or you receive personal checks from donors sent to your organization’s office or P.O. Third-party donations: Gifts that pass through third-party platforms such as Benevity can be addressed through a simple procedure.