Delaware offers a variety of grants specifically tailored for nonprofit organizations, providing valuable resources and support for their important work in the community. These present unique opportunities for nonprofits to secure funding for their projects and programs, but the grant application process can be competitive and requires careful planning and attention to detail. Before you […]
Tag: nonprofit funding
Auditing Your Nonprofit: What You Need to Know
You want to demonstrate your commitment to financial transparency. By publishing an independent audit report on your nonprofit website and providing the report to anyone who requests it, you’ll be assuring your donors and the public that your financial practices meet accepted standards — for handling contributions, for instance. Many public and private foundations — […]
How to Organize a Nonprofit: The 501(c)(3) and More
Most of the estimated 1.5 million nonprofit organizations in the United States are 501(c)(3) organizations, but there are many other categories of nonprofits. The nonprofit’s membership, mission and structure dictate which category is most appropriate for your nonprofit. Many nonprofits fall under 501(c)(3) for a good reason —the category includes entities that are organized and […]
How to Improve Your Fundraising
Getting your nonprofit funded is no easy task. The best thing to keep in mind is to diversify. Tap into multiple funding sources, such as donations, grants or online fundraising, to get the best results. Remember, diversifying your efforts does not mean diving into an abundance of different options. Instead, engage in a manageable amount […]
Getting and Managing Grants
As a nonprofit, you might be worrying about how you are going to apply for grants and secure the funding you need. However, if you’re only relying on grants to fund your organization, your business model probably needs to be redrawn. Only 20 percent of nonprofit funding comes from foundation or corporation grants. Is that […]