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What’s Your End-of-Year Strategy for Planned Gifts of Assets?

Blackbaud

He was a donor to one of our charity clients and we had talked about the possibility of gifting assets to reduce or eliminate tax liability. He was facing a significant tax liability if he didn’t get this completed before the calendar rolled into January. Bunching offers donors the possibility of minimizing tax liability.

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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

It works well for groups that aren’t yet ready to incorporate or don’t plan to become a formal nonprofit. You’re seeking help beyond finances, like HR, liability coverage or insurance. Meanwhile, your group focuses on the actual mission-based work — whether it’s running programs, organizing events or building community support.

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Only the Top 1% of Nonprofits Accept Gifts of Real Estate

Planned Giving

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.

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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities. On your balance sheet, youll calculate your nonprofits net assets by subtracting your total liabilities from your total assets. Youll typically list these in order of liquidity (i.e.,

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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

Winter Fundraising (January and February) Why it works: After the indulgences of the holidays, many people are ready for healthier habits. Caution: These challenges can fade quickly, so be ready to launch during the peak of popularity. Always check local regulations and consider liability insurance if hosting more significant events.

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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. Prepare for disasters like earthquakes and superstorms now by creating or updating your crisis volunteer management strategy so your team is ready to welcome and mobilize the volunteers who show up to help.

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Your IRS Form 990 Questions Answered

Blue Avocado

Now that you know all the essentials to your 990 filing, you should be ready for a stress-free tax season! Do I have to file with my state? Each state has individual requirements for tax-exempt filings , some of which require greater detail or additional forms to accompany your 990 filing. Form 990 pop quiz!