Whether your non-profit is newly deluged with demand for services or you have closed doors temporarily, it is important to keep up with legislation responding to the coronavirus (COVID-19) crisis. On March 18, the Families First Coronavirus Response Act was signed into law to provide...
It is all too easy to let non-profit programs that have outlived their effectiveness to continue, even as they consume budget resources. To help ensure your resources are being deployed efficiently and effectively, consider using the tradition of spring cleaning to review and, potentially, replace...
Every non-profit needs an executive search plan. Even if you are not facing an imminent vacancy, your organization is smart to prepare for what can be a long process. In fact, executive searches generally take several months — even if you end up hiring someone...
A majority of large U.S. companies offer matching gift programs to boost the impact of their employees’ charitable gifts. Double the Donation estimates that $2 to $3 billion is donated through matching gift programs every year. At the same time, between $4 and $7 billion...
Real-Time Strategic Planning (RTSP) offers non-profits a fluid approach to identifying, understanding, and acting on challenges and opportunities to advance their missions. Is this process right for your organization? Below we will discuss. What is it, exactly? RTSP was first introduced by non-profit consultant David La Piana...
Outside financial audits may seem like an extravagance to non-profits working to contain costs and focus on their mission. But undergoing regular audits allows your organization to identify risks early and act quickly to prevent problems. Independent audits also provide valuable reassurance to donors. Fortunately,...
A key fiduciary duty of your non-profit’s board of directors is to oversee and monitor the organization’s financial health. Some financial warning signs — such as the loss of a major funder — may jump out immediately, while other red flags can be more subtle....
The deductibility of most charitable gifts has not changed since passage of the Tax Cuts and Jobs Act, but some recordkeeping requirements have. Helping your donors who itemize deductions understand the rules and benefits of their gifts can strengthen your non-profit’s ties with them —...
Do you associate ERM with for-profit businesses? This systemic approach to risk reduction can be just as effective when adopted by non-profit organizations. Even organizations with limited resources can — and should — use an ERM process to combat threats. Weighing risks ERM is a comprehensive program...
According to the Center for Effective Philanthropy, practically all non-profits in the United States solicit feedback from their clients when designing programs and services. However, resource constraints — lack of adequate staffing, funding, and sophisticated technology — may mean that they do not collect data...