Get Fully Funded

JUNE 29, 2021

But doing good doesn’t pay the nonprofit’s bills, unfortunately. To make this happen, you MUST think of your nonprofit like a business — and run it that way. This means, you have to be clear about your audiences the way a business is clear about its customers. You have to establish your brand. You need a marketing plan. You need a budget.

Policies Procedures

The NonProfit Times

AUGUST 21, 2024

Five of the top 10 represented health plans, and healthcare insurance companies including trade association America’s Health Insurance Plans, Cigna, the Blue Cross Blue Shield Association, Elevance and UnitedHealth Group spent between $1.8 In fact, 14 of the 30 on the list spent more than $1 million during the quarter. million and $2.7

Lobbying

Get Fully Funded

MARCH 6, 2023

Both have their place and can be highly profitable. You can raise money with all kinds of fundraising events like parties, galas, sporting events, concerts… and the list goes on and on. With so many options, it can be hard to pick the right event for your situation. So, how do you know which one will be THE ONE that raises big bucks for you?

Fundraising

Red Tape Busters

JULY 11, 2023

Insurance The natural disasters that have besieged Australia in recent years, have highlighted the need for grant writers to have easy access to insurance details. Insurers and grant funding will usually ask for both. This information should be updated as Committee members change.

Insurance

Get Fully Funded

AUGUST 16, 2024

Most COAs are organized into five categories: assets, liability, net assets, revenue, and expense accounts. Liabilities usually start with 2, net assets with 3, revenue with 4, and expenses with 5 and beyond. Liabilities usually start with 2, net assets with 3, revenue with 4, and expenses with 5 and beyond.

Liability

Qgiv

MARCH 5, 2024

501(c)(2) : This type of tax-exemption is for exempt organizations to create a corporation to hold the title to property the organization owns to minimize liability risks of losing the property. Nonprofits can focus on a wide range of causes, including charitable, educational, religious, scientific, humanitarian, or environmental missions.

Insurance

Tech Soup

JUNE 16, 2014

She calls it The Great Risk Shift, where for-profit companies are shifting the liability, overhead, insurance, and consumer risks to the individual workers (and to the consumers). Where Are Nonprofits and Libraries on Sharing? Our responsibility is to demand that seat at the table. Does the Sharing Economy Enable Social Good?

Nonprofit

Get Fully Funded

MARCH 20, 2023

Printing/postage Fundraising expenses Phone/internet Marketing expenses (graphic design, advertising) Professional development (training and conferences) Memberships, affiliations (dues & subscriptions) Travel/mileage/parking Insurance (liability for the facility, errors and omissions for Board, worker’s comp, etc.)

Budget

Red Tape Busters

NOVEMBER 1, 2023

For instance, when tender writers fail to thoroughly review insurance requirements, penalty clauses, or dispute resolution processes, it can leave their organisation vulnerable to unexpected liabilities. Overlooking unfavourable terms may result in the organisation assuming unintended liabilities or losing valuable rights.

Contract

GiveSmart

MARCH 21, 2024

Some other workers to consider in your staffing budget include: Servers and bartenders Audio and visual professionals Graphic designers Auctioneer Event planners or consultants Licensing, permits, and insurance The last item on our expense planning list is miscellaneous costs associated with licensing, permits, and insurance requirements.

Budget

Center for Major Gifts

JUNE 16, 2024

A charitable gift of real estate involves donating property, such as a home, commercial building, or land, to a nonprofit organization. To make this gift, you transfer real estate ownership to the nonprofit rather than selling it to an independent buyer. You bypass the selling process and make your impact immediately.

Pass-Through

Qgiv

AUGUST 10, 2022

Mary’s University of Minnesota. New board members are valuable resources. They bring a fresh perspective to your organization. They bring energy. They could also bring their own agenda. Whether you call it onboarding or a board orientation, it’s essential that you start them out right. Let’s begin. Your Mission. Clarify how you got their name.

Finance

Qgiv

APRIL 26, 2021

These are: Event Registration Bidding Software Text Fundraising Livestreaming Platforms Volunteer and Staff Management Online Shop Video Editing Software Graphics Software Event Day Solution Liability Waivers. To host a successful fundraising event, whether it’s virtual or in-person, you’ll need a reliable method of registering attendees.

Software

Fundly

DECEMBER 11, 2020

Why This Online Waiver Software Made Our List While CityGro may have slightly less functionality in the waiver creation process than other waiver-specific providers, it’s a perfect solution for businesses looking to enhance their marketing strategies and retain more customers through the use of digital liability waivers.

Software

Get Fully Funded

JANUARY 16, 2024

As NXUnite’s guide to nonprofit human resources explains, the policy should include information about indirect compensation such as health insurance and paid time off in addition to direct compensation like salaries and bonuses. It details all of the costs you expect to incur and the funds you predict you’ll bring in throughout the year.

Policy

Peak Proposals

NOVEMBER 10, 2021

Nonprofits are always told to diversify their revenue streams. On its face, this advice makes sense. There’s no question that several sources of income provide better financial security than having a single source. The question is, can all nonprofits successfully pursue diversification? its general operating expenses). It also takes resources.

Nonprofit

Get Fully Funded

DECEMBER 7, 2021

Or maybe the donation comes from a corporation whose work conflicts with your nonprofit’s values. I know of a faith-based rescue mission who wrestled with accepting a donation from the local strip club for its domestic violence program. You can see how that might be a problem for some of their devout donors to know where the money came from.

Donation

Planned Giving

FEBRUARY 13, 2025

When the phrase estate planning comes up, you might picture prolonged sessions in a lawyers office, surrounded by heaps of paperwork and bewildering legal terms. However, modern online tools have simplified this process, making it more accessible and budget-friendly than ever before. Guardianship : You can appoint a guardian for your minor children.

Insurance

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. Beneficiary designations on accounts like life insurance, retirement plans, and bank accounts supersede wills. With the federal estate tax exemption set at $11.7

Liability

Planned Giving

AUGUST 15, 2024

Understanding Estate Planning Let’s face it: Estate planning isn’t exactly a dinner table conversation starter. But trust me, it’s one of those adulting tasks that’s way more important than we often give it credit for. So, what’s all the fuss about the importance of estate planning? Morbid, but necessary.

Insurance

Planned Giving

JULY 29, 2024

These include: Assets with a Named Beneficiary: Such as life insurance policies or retirement accounts. However, this essential procedure plays a critical role in ensuring that a loved one’s wishes are honored after they pass away. What is Probate? In medieval England, probate law as we recognize it began to take shape. Is Probate Required?

Pass-Through

Planned Giving

JANUARY 14, 2025

This includes real estate, bank accounts, investments, personal property, and liabilities like mortgages and loans. This includes paying funeral expenses, medical bills, taxes, and any other liabilities. Probating a will can be a daunting task, especially during the challenging time following the loss of a loved one.

Insurance

Qgiv

AUGUST 27, 2021

Whoever is serving the alcohol should have the proper licensing and insurance. Planning a safe event—especially if it’s your first time steering the ship—can feel dizzying. The good news is, you’re a fundraising professional and if anyone can pull it off, it’s you! I saw the sign (and it was very clear about where I should go).

Contract

The NonProfit Times

JANUARY 9, 2025

Tort Liability. You must consider the potential tort liability issues that might arise from the use of AI. You need to ensure that your organization has appropriate insurance coverage in place to protect against potential liability claims in all of these areas of legal risk.

ChatGPT

Planned Giving

FEBRUARY 22, 2025

The following are possible strategies to protect assets from future liability exposure. Own an umbrella liability policy. Although insurance does not eliminate liability, it does provide a source of funds to satisfy claim and pay for legal defense. Personal liability umbrellas are relatively inexpensive and are a must.

Liability

Blue Avocado

OCTOBER 22, 2024

Nonprofits Insurance Alliance and the Nonprofit Risk Management Center provide free introductory articles on ways to manage these and other risks. This Gold Avocado article highlights eight essential responsibilities of a nonprofit’s treasurer — with a focus on treasurers of all-volunteer organizations.

Budget