Planned Giving

MAY 12, 2025

” 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. ” It increases engagement by 28%.

Policy

Blackbaud

JUNE 20, 2025

It also includes any legal fees as well as insurance and general office management, like copy paper and ink for the printer. Your rent or mortgage payment and utilities are also considered management and general expenses. Overhead vs Indirect Costs: What’s the Difference? Finally, shift the conversation from percentages to outcomes.

Indirect Cost

Get Fully Funded

FEBRUARY 10, 2025

However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price. Seeking out nonprofit discounts or asking for in-kind donations of new office equipment.

Management

Pamela Grow

FEBRUARY 27, 2025

Here are some examples of natural costs that fall into each functional expense category in this report: Program costs: Vary widely according to your organizations missione.g., Here are some examples of natural costs that fall into each functional expense category in this report: Program costs: Vary widely according to your organizations missione.g.,

Liability

The Fundraising Coach

MAY 30, 2025

Life insurance: Donors can name a nonprofit as the beneficiary of a life insurance policy. Utilize this tool to identify prospects and craft direct appeals that will resonate with them. The donor makes a gift of cash or property, and in exchange, they receive a fixed lifetime income stream.

CRM

GrantNews

MAY 1, 2025

How to Offer Virtual Volunteering Opportunities Nonprofits utilize technology to allow volunteers to work within their skill sets, track volunteer time, and offer remote courses to cultivate their talents. Grants to Texas Volunteer Fire Departments – Grants to offset the cost of insurance policies.

Grant

DoJiggy

JULY 22, 2025

Check insurance requirements for your jurisdiction. More ideas for business sponsors include: Motorcycle dealerships Local restaurants, diners, or cafes Mechanics and repair shops Safety gear retailers Insurance companies 6. Route Planning Tips: Use tools like Google Maps or Ride with GPS.

Fundraising

HSF House

JULY 16, 2025

Our project looks at how the Affordable Care Act has impacted pediatric primary care provider utilization across Washington D.C., At first glance, the project seems data-heavy: from working with census-tract level data to health insurance legislation to neighborhood-based checkup rates. especially in areas with low child opportunity.

Utilities

Blackbaud

NOVEMBER 20, 2024

Asset Utilization If your organization owns real estate or other valuable assets like vehicles, consider leveraging them to generate revenue. How to Measure: Calculate return on assets (ROA) to determine the efficiency of asset utilization. maintenance, insurance) to ensure profitability.

Finance

Blackbaud

DECEMBER 6, 2024

After spending 33 years with the largest property & casualty insurance carrier in North America, I was ready for a new challenge that aligned with my personal values. Q5: What is one of your favorite fundraising events that another small organization couldalso utilize?

Goals

GrantNews

MAY 8, 2024

Nonprofit Insurance Many nonprofits purchase nonprofit insurance when starting their organization. Business insurance is to protect nonprofits from any claims against the nonprofit made as a result of normal operations. The price of this insurance can vary depending upon the coverage plan chosen.

Insurance

Blackbaud

MAY 6, 2024

These are set costs like headquarters rent, insurance, and administrative salaries. Prepare the budget in small chunks, review it consistently, and build a budgeting process to set the organization up to effectively utilize resources to fulfill the mission. These expenses can include program staff, professional fees, and supplies.

Budget

GrantNews

MARCH 29, 2024

Mom-and-pop establishments are synonymous with various different types of businesses, including restaurants, bookstores, automotive repair shops, and insurance agencies… Mom-and-pop business owners tend to have a vested interest in the community, its citizens, and the local economy.

Grant

Blue Avocado

MAY 21, 2024

Many nonprofits utilize a fiscal sponsor to provide them with fiduciary oversight, financial management, and other administrative services when they may not yet be recognized as tax-exempt under Internal Revenue Code Section 501(c)(3). Thursday, July 25, 2024, at 11 am PT; 2 pm ET (60 min.) A free webinar for the nonprofit sector.

Insurance

DH Leonard Consulting & Grant Writing Services

AUGUST 4, 2023

A group of doctors formed a nonprofit to provide free primary care for area residents without access to health insurance. The nonprofit does not have to pay rent, utilities, or other bills associated with facility expenses. The local hospital provides diagnostic lab work at no cost to the clinic.

Grant Writing

Get Fully Funded

FEBRUARY 9, 2021

These are bills that you pay monthly, such as salaries, rent, utilities, landscaping, pest control, or accounting fees. Example: Energy/Utility. The need for local pest control, insurance, copier lease, or related services may change, therefore you should re-evaluate annually. Next, prioritize fixed expenses.

Budget

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. These can be used to pay operating costs such as rent, utilities, and salaries. Restricted funds often outline what they will fund and what they won’t. What are Unrestricted Funds?

Funding

Tech Soup

JULY 10, 2011

Our team also utilizes Google chat for quick questions, although this has more limited reliability. Insuring that you have a structure and policies in place can insure a successful transition to a virtual work environment for your team. Easy Access to Tools.

Insurance

Blackbaud

DECEMBER 20, 2023

Tip 1: Identify line items in your budget that cross programs, or are essential for daily operations, including utilities, insurance, bank fees, and marketing costs. If you aren’t including indirect costs—such as salaries or rent—into your funding requests or program planning, you are setting yourself up for stress later in the year.

Indirect Cost

Get Fully Funded

AUGUST 16, 2024

For example, expenses such as employees’ healthcare and retirement benefits might be easily combined into a parent category called “employee benefits” or separate utilities such as water, trash, electricity, and gas might be easily grouped into a parent category called utilities.

Liability

GrantNews

APRIL 11, 2024

Read on to learn how you can raise awareness in your community for health and nutrition by utilizing health and nutrition grants and encouraging community involvement! Regular Check-Ups – Regardless of insurance status, research local medical professionals for viable options. What Does the FDA Do?

Grant

Get Fully Funded

MARCH 20, 2023

Expenses Staff Payroll Benefits Payroll taxes Contract staff Facilities Rent/mortgage Utilities (electricity, water) Pest control Maintenance Program Equipment Supplies Materials Mileage (specifically related to conducting your program’s activities) Administrative Office supplies Software (Quickbooks, donor tracking software, merchant account, etc.)

Budget

Get Fully Funded

MAY 1, 2023

Don’t forget things like legal and accounting services, insurance, website upkeep, internet, phone bills, and utilities. How much funding goes to facilities payments or upkeep? You should be very detailed in this section. If your nonprofit’s money goes into it, include it here.

Nonprofit

Grant Writer Team

OCTOBER 16, 2024

Sample grant from GrantWatch , a reputable grant database: Minority-Owned Businesses in the Restaurant Industry – Grants to Illinois minority-owned for-profit food establishments for working capital including payroll, rent, insurance, utilities, taxes, operations, and contractors.

Funding

Think and Ink Grants

SEPTEMBER 2, 2022

These expenses include salaries, rent, utilities, fundraising, and other administrative expenses and overhead. Need things like insurance, accounting, and legal support to keep everyone safe and in compliance. Traditionally, funders often like to fund projects in which their dollars can go directly to the end beneficiary.

Grant

Planned Giving

DECEMBER 2, 2024

Non-Probate Assets Life Insurance Policies Naming a charity as the beneficiary of a life insurance policy is a simple way to make a substantial donation without affecting your estate’s liquidity. Trusted Platforms for Charity Evaluation Utilize platforms like Charity Navigator to evaluate and compare charities.

Donation

Get Fully Funded

APRIL 6, 2021

For example, an organization that sets up clinics in African and Latin American countries has a large Advisory Board made up of executives from local corporations, including several healthcare and insurance companies. Keep seeking new ways to engage Advisory members and utilize everyone to their full capacity.

Nonprofit

Center for Major Gifts

JUNE 16, 2024

Factor in the amount you will save by not paying to maintain the property while on the market, not continuing to pay insurance and property tax, and not paying the realtor fees on the property’s sale price that you would owe if you sold it instead. Maintenance fees, utilities, taxes, and insurance.

Pass-Through

GrantNews

APRIL 11, 2024

Read on to learn how you can raise awareness in your community for health and nutrition by utilizing food and nutrition grants and encouraging community involvement! Regular Check-Ups – Regardless of insurance status, research local medical professionals for viable options. They help urban citizens source healthy foods.

Grant

Greater Giving

MARCH 29, 2024

Ensure permits and any necessary insurance are obtained well in advance. Embrace the Season: Utilize seasonal décor, flowers, and refreshments to create a memorable atmosphere. Consider the accessibility of the location for all attendees. Be Weather-Ready : Spring weather can be unpredictable.

Fundraising

Qgiv

MARCH 11, 2024

Beyond initial setup expenses, consider ongoing costs such as rent, utilities, insurance, salaries, and program expenses. Knowing how far your money will take you is a good thing to know before you get going. What are the anticipated ongoing operational costs? Do you have the right software tools?

Nonprofit

Peak Proposals

NOVEMBER 10, 2021

Without unrestricted sources of funding, you cannot cover your executive director’s salary, the salaries of your administrative staff (which includes grant writers), or ongoing costs like rent and utilities for your office. Fundraising activities and events must comply with local laws and carry adequate liability insurance.

Nonprofit

Peak Proposals

DECEMBER 22, 2019

It means realizing that if you are doing data collection in the field, you may need to budget for the purchase of some kind of transportation for field staff, including associated costs like fuel and insurance. Overhead covers general operating expenses like rent, utilities, and administrative expenses.

Funding

Planned Giving

APRIL 17, 2024

Those large gifts are possible because they utilize planned giving. These include gifts of equity, life insurance, real estate, personal property, or cash. All you need to do is utilize tools you did not know you had. Another option Jorge may have utilized is a charitable gift annuity. What is Planned Giving?

Pass-Through

Planned Giving

FEBRUARY 13, 2025

These non-probate assets include 401(k) accounts, pensions, and life insurance policies. How to Create Beneficiary Designations To designate beneficiaries: Contact Institutions : Reach out to banks, insurance companies, and retirement plan administrators. Health Insurance : Covers medical expenses.

Insurance

Planned Giving

FEBRUARY 12, 2025

Beneficiary designations on accounts like life insurance, retirement plans, and bank accounts supersede wills. Utilizing these tools can streamline the process and ensure that your documents are organized and accessible. What is the federal estate tax exemption amount? The federal estate tax exemption is currently set at $11.7

Liability

Greater Giving

MAY 8, 2025

staff compensation , utility bills, insurance, and office equipment purchases). Overhead is further split into fundraising costs (e.g., event planning, marketing, software subscriptions, and consulting fees) and administrative costs (e.g.,

Budget