Non-Profits: How to Acknowledge Donor Gifts
Holiday-inspired generosity and the desire to reduce tax liability makes the end of the year a busy time for charitable giving. According to Network for Good and other sources, approximately
Holiday-inspired generosity and the desire to reduce tax liability makes the end of the year a busy time for charitable giving. According to Network for Good and other sources, approximately
In 1993, a consortium of philanthropic organizations developed the Donor Bill of Rights to guide non-profits in their interactions with financial supporters. For the most part, the basic principles remain
It is no secret that this is a challenging time for charitable fundraising. In its annual Giving USA 2019 report, the Giving USA Foundation noted a decrease in individual and
When you receive a personal gift from a friend or family member — even if it is not something you particularly want — you accept the gift and thank the
Restricted gifts — or donations with conditions attached — can be difficult for non-profits to manage. Unlike unrestricted gifts, these donations cannot be poured into your general operating fund and
The Donor Bill of Rights was designed about 25 years ago as a blueprint of best practices for non-profits. Some critics have since asserted that the rights are out of
When a donor promises to make a contribution at a later date, your non-profit likely welcomes it. But such pledges can come with complicated accounting issues. What are Pledges Receivable?