There is a relatively simple difference between financial pledges and donations: Pledges are promises to donate sometime in the future, and donations provide immediate support for your non-profit organization. What’s
You may know the difference between non-profit and for-profit accounting systems, but do your newest employees and board members? Non-profits and businesses share certain similarities. For example, both must carefully
Brad, the development director of an international environmental charity, was thrilled to learn that one of the charity’s past supporters was promising to make a new, six-figure donation. The catch,
During the COVID-19 pandemic, Congress temporarily enabled individual charitable donors who didn’t itemize federal income tax deductions to deduct up to $300 in contributions in both 2020 and 2021. This
Perhaps you think a board retreat would be nice to have but, given your non-profit’s tight budget, isn’t really necessary. However, you should consider the benefits. A retreat allows members
It’s understandable if your non-profit has been hesitant to implement a capital campaign plan despite having bold visions to build a new facility, make major purchases, or expand a key
There are many ways to assess the success of a non-profit event. However, for most non-profit leaders, the only metric that ultimately matters is financial success. To be financially profitable,
Most non-profit leaders are familiar with the concept of excess benefit transactions and the need to avoid them. However, reminders on excess benefit transactions may be necessary, particularly when you
At one time, non-profit HR departments might have been primarily responsible for recruiting and hiring with the occasional disciplinary intervention or conflict resolution matters. While today, many HR staffers have added
One thing every new non-profit organization can count on is change. Ideally, the changes you experience will be for the better, including expanded programming, increased staffing, more clients served, and
