Giving Tuesday is a can’t-miss opportunity to raise money and awareness about your non-profit and mission. If you already participate in the annual online fundraiser, you know how important it
When looking to buy new equipment or expanding a facility for your non-profit, it’s important to understand when you should and should not apply for a loan. Maybe you are
If your organization operates on a calendar year basis, it is time to begin thinking about your non-profit budgeting strategies for the year ahead. Whether you start from scratch every
When organizing your non-profit board retreat, consider board members’ time and help them make the most of it by picking the right non-profit board retreat topic to discuss. The quickest
Tough financial times like donation dips, funding cuts, and an uncertain economy can put a lot of pressure on your non-profit. Staff whispering about layoffs or worrying in silence is
Even if your non-profit isn’t legally required to obtain independent audits, such audits can enhance financial transparency, increase accountability, and help you build trust with your stakeholders. But how do
Payable-on-death (POD) and transfer-on-death (TOD) accounts are attractive estate planning tools because they allow assets to pass directly to named beneficiaries without going through probate. This can save time, reduce
With fewer federal grants available to non-profit organizations, the competition to qualify for funding — from all sources, including foundations — has become more intense. Now, more than ever, your
In general, non-profits can’t use restricted assets for purposes other than those specified by the original donor. Board-designated assets (or board-designated funds) are another matter. These are unrestricted funds that
Even non-profits that make realistic budgets and hold adequate funds in reserve to cover shortfalls can run into financial emergencies — particularly if they lose a major funding source. But
