nonprofit
Most not-for-profit leaders are familiar with the concept of excess benefit transactions and the need to avoid them. But a refresher course may be in order, particularly when you consider…
At one time, not-for-profit HR departments might have been responsible primarily for recruiting and hiring and occasionally for intervening in disciplinary or conflict resolution matters. Today, HR staffers usually also…
Identifying common traits of MacKenzie Scott donees MacKenzie Scott has granted more than $15 billion to almost 2,000 nonprofits since 2019. Now Harvard researchers have dug into data on the…
Most charitable organizations generally understand that they’re barred from participating or intervening in political campaigns. Failure to follow IRS rules governing nonprofits and politics may result in an excise tax,…
Some job candidates assume that not-for-profit organizations offer lower compensation than for-profit companies do. If your nonprofit has open positions, this can be a difficult hurdle to overcome — particularly…
The Office of Management and Budget (OMB) last fall released the details on what it terms a “fundamental rewrite” of the Uniform Guidance, the rules and requirements for federal awards.…
The U.S. Department of Labor (DOL) has, once again, updated its test for determining whether a worker is an independent contractor or an employee for purposes of the federal Fair…
Elite athletes train hard to perfect their performance in a particular discipline, but they also cross-train. For example, a sprinter might, in addition to running for hours, lift weights, swim…
If you’re a leader of a private foundation, you’re probably aware of the prohibition against self-dealing transactions between foundations and “disqualified persons.” But what constitutes self-dealing? And who exactly counts…
The deadline for most not-for-profits to file Form 990 with the IRS (May 15, 2024) has come and gone. Assuming your organization operates on a calendar-year tax basis and filed its Form 990…
External audits can help assure your not-for-profit’s stakeholders that your financial statements are fairly presented according to U.S. Generally Accepted Accounting Principles. They can also help prevent occupational fraud. Often,…
In 2023, Indiana University’s Lilly Family School of Philanthropy released a public opinion survey that provided both good and bad news for nonprofits. Although the respondents said they trust philanthropic…
The United States is entering the most natural-disaster-prone time of the year. Tornadoes are most likely to occur in May, and the Atlantic hurricane season starts on June 1. Not-for-profits that…
For many not-for-profit organizations, maintaining a full and active board of directors is challenging. If your board holds frequent meetings, has high attendance expectations and requires members to do considerable…
Building nonprofit resilience through administrative spending Researchers from The Ohio State University and the University of Notre Dame have developed a mathematical model to guide nonprofits on how to divvy…