Since the 1980s, college tuition and fees have risen nearly twice as fast as inflation. That fact might lead some to believe tuition funds are the driving force behind budgets for higher education institutions, but that’s false. Tuition costs only…
The media is reporting on ESG matters ubiquitously, and that should spark the interest of your community bank board. It’s been hard not to take notice of the recent climate-related events such as extreme floods, massive wildfires, tornadoes, and hurricanes…
If your organization is looking for a modern, convenient way to fundraise, text donations for nonprofits is something new and innovative for your board to consider. With thousands of fundraisers for various nonprofits going on all the time, it can…
Social media platforms are excellent vehicles for storytelling and creating awareness, yet, without a nonprofit social media policy in place, your board could be in for some unexpected problems. Just under 4 billion people use social media in the world.…
Donor-advised funds and private foundations first intersected during the Great Depression. Dating back to the 1930s, a community foundation created the first donor-advised fund. Since then, donor-advised funds have spiked in popularity because of the many beneficial tax advantages they…
A major crisis or widespread emergency can happen at any time, and that’s often when nonprofits do their most valuable work. Funding is a major concern when disaster strikes, and donor-advised giving provides a way for donors to invest and…
Companies and organizations the world over write vision and mission statements to be a guiding light for their affairs. Vision and Mission statements are important foundational elements of any organization. There are no requirements for organizations to have both, but…
In the most simple terms, boards are responsible for oversight and planning and management takes care of the daily operations. The breakdown in the duties and responsibilities for each section are much more extensive. Whether you take a broad or…
As board members and volunteers rotate in and out, the task of how to create a sustainable organizational culture for nonprofits and keep the momentum going is challenging at best. Concern over sustainability gives donors pause, and it can seriously…
Nonprofit board governance serves two very important purposes – fulfilling your nonprofit’s mission and ensuring its sustainability. Separately and together, nonprofit boards and governance play essential roles in the nonprofit sector, and it’s important to note the distinction between them.…
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