You get a large donation from a well-heeled graduate who wants the use restricted for a new science building. This is just one example of money with strings attached that nonprofits need to manage appropriately. But allowing donors to have
You manage a nonprofit organization. Perhaps it supports research for the cure of a disease, manages a local theater program or protects animal habitats in your state. No matter what mission you have, you need an ongoing stream of money
It’s been a long two years. But many not-for-profits are starting to plan in-person galas and other special events for this coming summer and autumn. If your organization is trying to get back to “normal” with a face-to-face fundraising, understand
With the competition for donation dollars fierce right now, many not-for-profits are turning to influencers — from Hollywood celebrities to politicians to blog stars — to raise awareness of their organizations and causes. But before your nonprofit solicits influencer support,
In this pandemic year, many not-for-profits are scrambling to find new sources of revenue to replace donor contributions and other lost income. If this sounds like your charity, you might want to consider licensing your name and brand to a
Want to increase your not-for-profit’s revenue? First try analyzing current income as a professional auditor might. Then, you can apply your conclusions to setting annual goals, preparing your budget and managing other aspects of your organization. Compare contributions Compare the
There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and campaign activities, receiving excessive unrelated business income and allowing board members to financially benefit from their positions. But the most common
The Fall issue of the Nonprofit Observer is out and full of great information! Here’s a brief glance at what you’ll find in the Fall issue… Reduce your costs to cope with COVID-19 Audit prep: 6 ways to save time