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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. A fiscal agent is an organization, typically an established nonprofit, that manages money and administrative tasks on behalf of another group. All funds go through their bank accounts.

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Planned Gifts: A Quick Guide To Help Nonprofits Raise More

The Fundraising Coach

While establishing relationships that can lead to planned gifts can take time, there are ways nonprofits can effectively raise more funds through this type of fundraising. Here are some of the most common types of planned gifts: Bequests : These are gifts made through a donor’s will or living trust. Is your board on board?

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

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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4 Ways to Maximize Revenue Generation for Medical Practices

Blackbaud

With the right strategies, you can worry less about collections, billing, and revenue cycle management (RCM), and concentrate on what matters most—caring for your patients. Patient portal platforms enable patients to message their care team through a secure portal. Encouraging two-way communication.

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Comprehensive Guide to End-of-Life Planning: Essential Documents to Consider

Planned Giving

Although discussing and preparing for one’s passing can be challenging and even deemed taboo, it significantly alleviates future anxiety and ensures that your wishes are respected. Revocable Living Trust (RLT) An RLT is a legal entity that manages and distributes your property after death, allowing assets to avoid probate.

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Decoding Intestate Succession: Who Inherits Your Estate?

Planned Giving

Creating a last will and testament is crucial for ensuring that your assets are distributed according to your wishes after you pass away. These laws vary by state but generally follow a similar structure to ensure that the deceased’s assets are passed on to their closest relatives.

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. A lot of individual donations, like ones that come through your organization’s website or through the Annual Fund, are often unrestricted. They don’t come with any direction or reporting requirements.