NonProfit PRO

JUNE 12, 2024

PHLY offers separate limits for General Liability, Educators Professional and Cyber Liability, Abuse & Molestation. Philadelphia Insurance Companies provides specialized, innovative protection to educational institutions in the non-profit and human services space. Learn more. Experience the PHLY difference.

Education 98

Education Liability Insurance Insurance 98

Blackbaud

OCTOBER 18, 2024

Keep appropriate waivers and liability forms ready for volunteers to sign. Develop a screening procedure in “normal” times to make crisis screening easier. Catalog the skills and roles needed in a potential disaster along with a database of individuals willing to step up in a crisis.

Management 98

Management Liability Insurance Insurance 98

Pamela Grow

OCTOBER 19, 2022

Essentially, it shows a snapshot of your organization’s annual financial health by comparing assets and liabilities. Liabilities. These appear on the statement in order of due date, with short-term investments listed above long-term liabilities. Net assets.

Liability 148

Liability Nonprofit Funding Budget 148

GrantNews

JANUARY 2, 2025

By expanding liability protection for food donors (many of them businesses) vital In-Kind Support has been provided to critical programs to improve the quality of live to local citizens since January 5, 2023.

AI 122

AI Nonprofit Grants Grant 122

NonProfit PRO

MAY 16, 2024

PHLY offers separate limits for General Liability, Educators Professional and Cyber Liability, Abuse & Molestation. Philadelphia Insurance Companies provides specialized, innovative protection to educational institutions in the non-profit and human services space. Learn more. Experience the PHLY difference.

Education 83

Education Liability Insurance Insurance 83

Grant Writer Team

FEBRUARY 20, 2025

Insurance: General liability insurance typically costs $500 to $1,500 annually. Operational Costs Office Space: Depending on location, costs can vary from $500 to $2,000 per month, or consider co-working spaces for lower expenses.

Liability Insurance 67

Liability Insurance Insurance Insurance Scope Of Work 67

GrantNews

JULY 19, 2024

Navigating the tax framework supporting grant money requires careful consideration to ensure compliance with IRS regulations and avoid potential tax liabilities. Consulting a tax professional is advisable to ensure compliance with IRS regulations, maximize benefits, and avoid unexpected tax liabilities.

Grants 126

Grants Grant Liability Finance 126

DoJiggy

MAY 8, 2025

Choosing the Right Business Structure: Why It Matters Your business structure sets your organization’s legal and financial foundation, and it can directly impact your eligibility for tax exemption, whether youre forming a nonprofit corporation, a Limited Liability Company (LLC) , or another structure.

Fundraising 52

Fundraising Liability Donation Funding 52

GrantNews

AUGUST 6, 2024

The Food Donation Improvement Act reduces liability for donors who make food donations. This bipartisan legislation will reduce food waste and improve food insecurity by encouraging new public and private partnerships by expanding liability protection for food donors. However, there is good news. How, you may ask?

Liability 111

Liability Grant Grants Transportation 111

GrantNews

OCTOBER 26, 2023

If approved, incorporation as an LLC shields individual company members from personal liability for any debts incurred by the LLC. For more details about LLCs, here is a link to the IRS definition of a Limited Liability Company (LLC). However, it is possible.

Liability 107

Liability Nonprofit Government Grants 107

Planned Giving

NOVEMBER 2, 2023

Being specific helps remove doubt as the policy is passed to new interpreters, preserves relationships with donors by offering a board-approved policy instead of a subjective opinion on their gift and avoids unintended liabilities for the organization. A gift acceptance policy is no different.

Policies 93

Policies Policy Liability Pass-Through 93

Get Fully Funded

MAY 4, 2021

Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Also share with volunteers about the Volunteer Protection Act , which protects volunteers from liability in cases of ordinary negligence. Is there a liability release everyone must sign? Is orientation required?

Policies 119

Policies Policy Liability Training 119

The NonProfit Times

OCTOBER 4, 2024

Epsilon resolved its criminal liability in 2021 via a deferred prosecution agreement, paying $150 million in penalties and victim compensation. Epsilon’s data showed that many victims were repeatedly defrauded by this single scheme, including more than 12,000 victims who were defrauded more than 20 times each.

Liability 92

Liability Management Nonprofit IT 92

NonProfit PRO

SEPTEMBER 12, 2024

Church Mutual understands your mission and offers the top coverages you need, including management liability and crime coverage, so you can focus on what matters most — serving your community. Protect your nonprofit or human services organization with insurance tailored to your unique needs.

Insurance 52

Insurance Insurance Liability Nonprofit 52

Planned Giving

MAY 13, 2024

This will reduce your future tax liability when you sell the stock. As the Wash Sale rule doesn’t apply to stock gifts or capital gains, you can capture the tax savings above while stepping up the cost basis of your shares.

Liability 98

Liability Donation Consulting Consulting 98

Planned Giving

APRIL 24, 2025

Takeaway: Nonprofits can accept real estate gifts without ever holding the property directly, reducing liability and complexity. Partnering with a real estate foundation that specializes in handling real estate donations for charities.

Pass-Through 52

Pass-Through Donation Nonprofit Liability 52

GrantNews

MARCH 13, 2024

Good Samaritan laws grant liability protection to folks who offer reasonable assistance to those who are hurt, sick, in danger, or otherwise incapacitated. A Good Samaritan is someone who is helpful to someone in distress; it’s a person who shows kindness to strangers and loved ones alike.

Liability 103

Liability Government Grants Grant 103

Tech Soup

MARCH 30, 2015

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

Liability 85

Liability Award Education Publishing 85

Planned Giving

JANUARY 15, 2025

By understanding the intricate advantages of CRTs, individuals can leverage these trusts to minimize tax liabilities while supporting charitable endeavors. Selling these items can result in significant tax liabilities. This can lead to higher tax brackets and increased tax liabilities. What is a Charitable Remainder Trust?

Liability 52

Liability Funding Goals Donation 52

Candid

DECEMBER 6, 2022

Nonprofits are required by the IRS to keep detailed records, and there is a lot more paperwork for nonprofits than for other organizations, such as Limited Liability Corporations (LLCs). If you aren’t a fan of paperwork, this might be a major factor to consider when thinking about starting a nonprofit organization.

Liability 105

Liability Nonprofit Insurance Insurance 105

Candid

APRIL 11, 2024

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability.

Demographics 98

Demographics Liability Ethics AI 98

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. Then, those accounts are further divided into subcategories. For example, assets usually start with 1.

Liability 52

Liability Federal Grants Utilities Nonprofit 52

The NonProfit Times

APRIL 17, 2024

At the time researchers were concluding their study, 20 state or local governments had passed or were considering programs to fund $13 billion in medical debt relief over and above what charities had provided.

Liability 78

Liability Policies Policy Government 78

Tech Soup

JANUARY 30, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

IT 71

IT Liability Award Indirect 71

The NonProfit Times

AUGUST 21, 2024

The report analyzed healthcare sector Chapter 11 bankruptcy filings from 2019 through mid-2024 for companies with more than $10 million in liabilities. Meanwhile, healthcare bankruptcy filings have slowed, according to an analysis by healthcare restructuring advisory firm Gibbins Advisors and first reported by Fierce Healthcare.

Lobbying 52

Lobbying Insurance Insurance Liability 52

Big Fundraising Ideas

SEPTEMBER 24, 2024

Navigating Liability: Top Digital Waiver Tips for Schools Fundraising is necessary for the vast majority of schools-but that doesn’t mean that it can’t be fun and exciting. When signed, waivers show that the participant has acknowledged any risks and agreed to release the provider from liability for damages.

Liability 52

Liability Fundraising Software Template 52

Blackbaud

NOVEMBER 16, 2023

Net worth takes into account any liabilities the donor has as well as their non-liquid assets (e.g., Here are some wealth indicators to flag and analyze during your wealth screening: Net worth: This represents the total wealth of an individual or household.

Nonprofit 111

Nonprofit Liability Donation Fundraising 111

Candid

OCTOBER 26, 2022

Please consult a tax professional when determining how a gift of cryptocurrency could affect your tax liability. For more information, please visit endaoment.org. Note: Endaoment does not give tax advice. The post Crypto fundraising: diversifying donations for GivingTuesday appeared first on Candid Blog.

Donation 98

Donation Fundraising Liability Grants 98

Candid

JULY 18, 2023

For example, some prefer personal giving or directing their philanthropy through limited liability companies (LLCs). Impacts on funding transparency and accessibility When it comes to the transparency of pledgers’ philanthropy, it’s important to consider the ways pledgers formalize their giving outside of foundations.

Liability 98

Liability Funding Finance Education 98

Blue Avocado

FEBRUARY 13, 2024

Prior to the Good Samaritan Act, many corporations felt they could face liability for donating food, and people who salvaged it without documented donation could face prosecution. Beyond knowing about laws, the GSA (and other laws like it) is also a testament to the political power of nonprofits.

Lobbying 105

Lobbying Nonprofit Liability Pass-Through 105

Blackbaud

JUNE 15, 2023

Even so, just like your everyday consumer credit cards, many Purchase Cards incorporate ways to mitigate that risk, having the extra benefit of liability coverage in the unlikely event a card is stolen or an employee were to try to use the card fraudulently. Additionally, not every organizational employee has the same spending need.

Nonprofit 98

Nonprofit Liability Finance Electronics 98

Tech Soup

JANUARY 30, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

IT 66

IT Liability Award Indirect 66

GrantNews

MAY 8, 2024

This plan includes general liability insurance, commercial property insurance and business income insurance. The price of this insurance can vary depending upon the coverage plan chosen. However, most nonprofit organizations start out with a Business Owner’s Policy (BOP). The cost usually runs from $200-$300 a month.

Insurance 117

Insurance Insurance Liability Insurance Nonprofit 117

The Fundraising Coach

APRIL 14, 2025

Liabilities (account numbers beginning with 2000): Everything your nonprofit owes, including debt, deferred revenue, and accounts payable. Net Assets (account numbers beginning with 3000): What your nonprofit is worth, calculated by subtracting your total liabilities from your total assets. Statement of financial position.

Liability 52

Liability Budget Finance Nonprofit 52

Tech Soup

APRIL 16, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

Liability 60

Liability Award Indirect Government 60

Candid

APRIL 14, 2022

Limited liability company. $124,568,460. Independent foundation. 46,485,100. High net-worth individuals. 22,194,590. Family Foundation. 17,662,000. 7,000,000. Governmentally linked foundation. 667,728,963.

Grants 105

Grants Grant Liability Award 105

Blackbaud

DECEMBER 7, 2023

Net worth takes into account any liabilities the donor has as well as their non-liquid assets (e.g., Here are some wealth indicators to flag and analyze during your wealth screening: Net worth: This represents the total wealth of an individual or household.

Liability 104

Liability Donation Fundraising Readiness 104