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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Technology and Software: Budget around $1,000 annually for basic tools (email, accounting software, website hosting). Insurance: General liability insurance typically costs $500 to $1,500 annually. Employee Benefits: Health insurance, retirement plans, and other benefits can significantly add to staffing costs.

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Examples include backup procedures, disciplinary action, and insurance. Some of these types can be managed directly within your fund accounting software , such as approval rules to make sure the right people review an expense before its paid. Corrective controls are designed to remedy errors or irregularities that have been detected.

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The Ultimate Golf Tournament Budget from DoJiggy

DoJiggy

Do you plan to purchase fundraising event software to help manage the event and accept online donations? Does your event require permits or event insurance? How much will you spend on decorations? Do you intend to spend money on event promotion (ads, posters, etc.)?

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Small Business Starter Kit: Tools and Tips for New Entrepreneurs

GrantNews

Accounting and Bookkeeping: Elect software that tracks expenses, generates reports, and simplifies financial management. Opportunities for tech startup companies in the insurance industry to participate in a business development program. Cloud Storage and Document Sharing: Securely store, access, and collaborate on files from anywhere.

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School Nurse Day Fundraiser Ideas for 2025: Supporting Healthcare Heroes

Big Fundraising Ideas

Updated computer hardware or software for recordkeeping. specialized medical supplies not covered by insurance, transportation to appointments) that limited discretionary funds could helpaddress. Funds could help purchase: Comfortable seating for students waiting or recovering. Privacy screens or curtains.

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How to Launch a Planned Giving Program: A Step-by-Step Guide

Planned Giving

” Life Insurance Gifts : “Making our organization the beneficiary of a policy you no longer need.” Begin with : Bequests Beneficiary designations Life insurance IRA rollovers Then grow into real estate, complex trusts, and life income gifts. Later, you can expand.

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Launching an SMS Fundraising Strategy: A Nonprofit FAQ Guide

Get Fully Funded

For instance, you should ask whether the software meets SOC 2 Type II compliance requirements. Plus, according to Double the Donation , nonprofits that handle protected health information must use tools that adhere to the Health Insurance Portability and Accountability Act (HIPAA).