nonprofit
It’s easy for disaster planning to fall by the wayside when your nonprofit is focused on pursuing its mission. But taking the time to prepare now can help you avert…
Whether it’s for employees, board members or other volunteers, your nonprofit organization likely will need to provide reimbursements for expenses at some point. While some nonprofits handle such transactions on…
Even if your not-for-profit’s fundraising results have been lackluster recently, one high-net-worth donor can turn your year around and make it a fundraising success. The question is: How do you…
Public charities, or 501(c)(3) organizations, are fundamentally different from private foundations. They depend on support from multiple public sources, including individuals in their communities. If your not-for-profit isn’t reaching out…
If your not-for-profit sets performance goals — and most organizations should — then you need benchmarks to measure your performance. Staffers and your board may not enthusiastically embrace benchmarking at…
Not-for-profit organizations exist to achieve nonfinancial or philanthropic goals, not to make money or build value for investors. But they still need to monitor their financial health — that is,…
How operating reserves have fallen The number of nonprofit executives whose organizations had four months or more of operating reserves in 2022 fell more than 10% from the previous year,…
Succession planning is an important activity for every nonprofit organization. It’s not a matter of if, but when you’ll need a plan. Prior planning can help determine whether the transition…
Like many other employers suffering through the so-called Great Resignation, some nonprofits are struggling to fill — and keep filled — all of their positions. Automating processes with software could…
Grants have long been the lifeblood of many nonprofits, and more organizations are wading into grant waters amidst continuing economic uncertainty. Establishing or revamping your grant management process doesn’t happen…