Get Fully Funded

FEBRUARY 20, 2023

They should put internal controls in place and help write policies to prevent loss, theft, or confusion, using current b est practices. Having 100% Board giving is important for getting grants and also lets donors know that the entire Board is fully behind the nonprofit.

Strategic Plan

Get Fully Funded

JANUARY 16, 2024

Grants provided by the government and foundations. Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day. Compile all of these policies in a handbook to serve as a reference for your employees.

Policy

Tech Soup

JUNE 14, 2017

In late 2016, note-taking service Evernote caught some flack for a change in its privacy policy that would have allowed employees to be able to access customers' data stored on Evernote's servers. Sharing accounts might be convenient, and it might save you on licensing fees, but doing so can be a security liability.

Retainer

DoJiggy

SEPTEMBER 19, 2024

Unlike for-profit businesses that chase customers to boost their profits, your nonprofit depends on fundraising that comes from donors, events, grants, and other channels. You also need policies to stay up-to-date with compliance and reporting requirements. Any oversights might lose your tax-exempt status or your next grant renewal.

Management

Qgiv

MARCH 5, 2024

These organizations often depend on donations from their supporters, as well as grants, and other forms of funding to support their operations while pursuing their mission with any surplus being reinvested into the organization’s cause instead of being distributed to shareholders. Generally, they don’t accept contributions.

Insurance

Qgiv

JULY 24, 2024

Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies. Policy board model The policy board model focuses on setting policies and strategic direction for your organization so your staff can focus on operational management.

Nonprofit

Assel Grant Services

MAY 6, 2024

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

Sharpshooter Communications

AUGUST 13, 2021

It’s a simple question for grant seekers in the US: What is your organization’s tax status? The nonprofit isn’t sure that the land isn’t a liability so, to protect the organization, they create a separate entity to be the owner. link] I saw this on an application recently and thought, “Well, that’s easy.”

Lobbying

Get Fully Funded

DECEMBER 7, 2021

Here’s where a Gift Acceptance Policy can help (more on that in a moment). You might say to that donor “That’s a generous offer, but our policy says I need to take this sort of donation to my Board for approval.” Either way, your Investment Policy will outline how donated stocks and bonds are handled. Now you’re off the hook.

Donation

Tech Soup

DECEMBER 13, 2011

IT systems are expected to open their systems up for this, but in doing so, they tend to lose control of important organizational data, need to support additional applications that serve personal devices, and face legal liabilities in case a personal device is lost or stolen. TechSoup itself has adopted a tiered user policy.

IT

Planned Giving

FEBRUARY 13, 2025

These non-probate assets include 401(k) accounts, pensions, and life insurance policies. Financial Power of Attorney (POA) A financial power of attorney grants someone the authority to manage your finances and property if you become unable to do so. Draft the Document : Outline the powers you are granting.

Insurance

Planned Giving

JULY 29, 2024

These include: Assets with a Named Beneficiary: Such as life insurance policies or retirement accounts. Non-Probate Assets Without a Beneficiary: Certain assets like life insurance policies and retirement accounts pass directly to a chosen beneficiary. Inventorying the Estate: Compiling a detailed list of assets and liabilities.

Pass-Through

Blue Avocado

OCTOBER 22, 2024

Alternatively, the board might set a policy that permits one signature for small checks below a certain amount, say $50, in order to help discourage checks from being signed in advance. And, if you intend to seek grants, you’ll want to reflect the value of your volunteers in your budget and grant proposals.

Budget