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The Elevator Opens: Are You Ready to Talk Planned Giving?

Planned Giving

LIFE INSURANCE Donate a life insurance policy you no longer need. The post The Elevator Opens: Are You Ready to Talk Planned Giving? STOCK DONATION Avoid capital gains by donating stock instead of selling. RETAINED LIFE ESTATE Give your home, but live in it for life. IRA GIFT Use your IRA to make a tax-free gift.

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10 Tips for Managing Crisis Volunteers in Natural Disasters

Blackbaud

Keep appropriate waivers and liability forms ready for volunteers to sign. Mitigate Risks Before deploying spontaneous volunteers to a disaster zone, check your insurance policy. You might need a rider, so discuss coverage with your insurance agent.

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Lessons From Debby: 5 Things Before Severe Weather Hits

The NonProfit Times

But is flooding covered under a typical commercial insurance policy? Rushing : Flood coverage is not typically included in a commercial insurance policy. Although you might be able to purchase flood insurance from your carrier or add it to your policy, many managers do not. Are facility repairs needed?

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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Philanthropy Officers and Grant Professionals

Grant Professionals Association

What you do next is entirely dependent on the policies and procedures that your organization has put in place for your development team. Create philanthropic policies that incentivize partnership. Establish written policies and procedures to empower your development office. A decision tree is a great first step. Is this a grant?

Grants 59
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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

Ideally, they have a deep interest in your mission and are ready to pitch in their time, talent, and treasure. Nonprofits have two customers – the people they serve through the mission and the people or organizations which pay for all or part of the services, such as donors, insurance companies, government entities, and more.

Finance 52
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Types of Nonprofits: A Comprehensive Guide

Qgiv

Political organizations: Political nonprofits engage in advocacy, lobbying, and political activities to influence legislation and public policy. 501(c)(8): This type of nonprofit includes fraternal beneficiary societies and associations that provide benefits, such as insurance, to members of the organization through membership fees.