This article was provided by Thompson Grants. Grant funding opportunities can be very valuable for nonprofits, but treating all grants the same is a strategic error. Understanding how federal vs private foundation grants differ will help you avoid risk, build…
Most nonprofits begin with a mission, not a financial system. A group of people identifies a need in their community. Volunteers gather around the cause. Early programs begin to take shape. Donations start arriving from supporters who believe in the…
Whether you’re already a church leader, or you’re starting an initiative from scratch, you know that the calling to start a ministry can’t be ignored. However, you may not know how to start a ministry, especially since the process can…
This article was provided by ThriftCart. Thorough nonprofit governance covers everything from program activities to budgeting to donor management, including the issuance of official donation tax receipts. If you’re just starting your nonprofit, you might not yet understand what exactly…
When you start a charitable organization, one of the most important decisions you’ll make is selecting your board of directors. Your board is legally responsible for governance, fiduciary, and strategic oversight of your nonprofit corporation. This usually includes ratification of your initial bylaws, as well as overseeing…
If you run a nonprofit, you already know that filing Form 990 is required. What is less obvious is what the form actually represents, and why it carries far more weight than most nonprofit founders expect.
Your nonprofit has important work to do, but limited resources to do it with. To fulfill your mission and impact the communities you serve, you have to raise and allocate funds wisely—That’s why bookkeeping for nonprofits is an essential part…
This article was provided by DonorSearch. It’s no secret that a strong donor base is critical to your nonprofit’s success. After all, your organization needs funding to drive its mission forward and keep its operations running smoothly, and the majority…
The position of Registered Agent is an essential part of the corporate landscape. Both for-profit and nonprofit corporations need one, but their role is often misunderstood. So, what is a Registered Agent, and why do you need one?
Your board of directors is one of the most important assets your nonprofit has. Assuming they understand their role and are there for the right reasons, your board members provide invaluable insight, direction, and oversight. They volunteer their time and…