The government recognizes that charitable and certain other types of organizations provide valuable community services that would be impossible for the government to provide using taxpayer funds. While the government can’t fully support nonprofit organizations, the 501(c)(3) code of the…
With the pandemic losing its steam, it’s time to consider when and how to resume nonprofit board meetings safely. Nonprofits are often needed most during times of crisis, so their work must continue regardless of the political, economic, and societal…
If you’re a Type A person who likes to have a place for everything and have everything in its place, you’re happy to attend a well-organized meeting. If you’re a Type B person who has a place for almost everything…
Even if you’ve never written a board report before, it’s easy enough to learn how to do it. If you need some assistance in understanding how to write reports, ask for a copy of a report that was submitted in the past and use it as a template. You don’t have to write the report…
Thousands of great ideas never come to fruition because business owners and founders of nonprofit organizations aren’t familiar with the startup business grant process. They simply don’t have the seed money to get a business or organization off the ground.…
Managing a budget for a nonprofit organization is much like planning a household budget, except that there are generally more sources of income and more categories of expenses. In both cases, a sound budget is important for financial sustainability and provides…
Nonprofits tend to follow many of the same governance practices as for-profit corporations. That makes perfect sense since nonprofit boards have just as much responsibility and liability as corporate boards. There’s been a heavier focus in the investment world on…
Fundraising ideas for a nonprofit organization can be difficult during any season. After COVID struck, your board and others like it were forced to face the possibility of a drop in donations due to lockdowns and quarantines. Public fundraisers with…
As your board completes all the requirements for becoming a 501(c)(3), no doubt you’re eager to get started doing good work for your community. Take caution though, until you have your tax-exempt determination letter in hand, some of the work…
Grants are valuable sources of funding for nonprofits. Fortunately, there are lots of grants available if you have the time to look for them. However, they’re not always easy to get because competition for them is generally pretty strong. One…
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