nonprofit

Beyond Boomers: How to Engage Younger Generations

If your nonprofit’s fundraising arm has largely neglected younger generations in favor of Baby Boomers, you may need to revise your outreach strategy. Boomers currently make up the largest demographic…

Preparing for a Financial Crisis? Build Up Operating Reserves

You never know when your not-for-profit might experience a financial blow. With the current efforts in Washington to slash expenses, some nonprofits have already lost federal funding and more may…

Lost and Found: Regaining Your Nonprofit’s Tax-Exempt Status

The IRS regularly revokes the tax-exempt status of not-for-profits — mostly for failing to file annual information returns. Losing your exempt status can be devastating. Donors won’t be eligible to…

Making Cost-Allocation Decisions for Your Nonprofit

Cost allocation probably isn’t your favorite task — particularly if your not-for-profit has many activities. Yet the process is critical because donors and funders want to know how your organization…

One From Many: Why Your Nonprofit Might Want to Federate

Federated not-for-profits are single corporate entities with multiple chapters. There’s no one definitive legal structure for federated organizations. But local chapters generally operate independently of their national headquarters and pay…

Make Better Branding Your Nonprofit’s 2025 New Year’s Resolution

If your not-for-profit wants to make an organization-wide New Year’s resolution for 2025, how about this: Strengthen our brand. Although branding strategies usually are associated with the for-profit sector, they…

Are You Valuing Tangible Property Correctly?

Both new and established nonprofit organizations may not know how to value tangible property donations if they don’t receive them very often. Here’s a quick overview to help you review…

Do the Right Thing: Board Member Fiduciary Duties in a Nutshell

Service on a nonprofit board can strike some as a cushy gig that looks good on a resume. The reality can prove much more demanding. Board members are considered fiduciaries,…

Investment Policies Are More Important Than Ever

The past five years have been turbulent for many nonprofits. The fallout from the pandemic, inflation and other uncertainties has undermined their financial health and left some struggling to survive.…

Nonprofit Start-ups: Form 1023 or 1023-EZ?

If you’re starting up a new 501(c)(3) not-for-profit organization, you likely face many decisions. One of them is which form to use when applying to the IRS for recognition of…

Should Your Nonprofit Compete, Collaborate or Both?

You’ve probably collaborated with other not-for-profits that share your space — maybe on a special event or fundraising campaign. Some organizations go further with formal strategic partnerships that involve sharing…

What Nonprofits Might Expect From the Change of Control in Washington

The reelection of Donald Trump as President and control of the U.S. Congress by Republicans are anticipated to usher in changes that could financially impact the not-for-profit sector. Whether and…

How to Get Foundations to Say “Yes” to Your Grant Proposals

There are many thousands of charitable foundations in the United States. And, according to technology company Foundation Source, U.S. foundations awarded an average of 33 grants averaging between $25,000 and…

Don’t Let Fraudsters Ruin the Most Wonderful Time of the Year

The hubbub of the year-end giving season, combined with holiday absences, can make your not-for-profit vulnerable to fraud. You’ll need to be particularly vigilant if you generally rely more on…

Nonprofit Programs: Out With the Obsolete, in With the Most Effective

How is your not-for-profit’s 2025 program budget looking? Unfortunately, some organizations may have to try to do more with less next year because donations and grants have fallen off. Even…