The Weird World of Nonprofit Terminology
You think you’re pretty well versed in the English language, right? If you grew up in an English-speaking country, you’re pretty sure you have this thing down pat. Maybe you do, and maybe you don’t!
What Is a Fiscal Sponsor?
Sometimes, those operating a charitable activity do not wish to fully formalize what they’re doing into an actual 501(c)(3) nonprofit entity. The reasons for this vary, but often the services of a fiscal sponsor is needed. Properly setup, fiscal sponsorships…
What is Nonprofit Founder’s Syndrome?
Founder’s syndrome. It affects nonprofits and for-profits alike. And it can be crippling to any organization, regardless of the form it takes. Understanding what it is and how to avoid it, or fix it, is crucial to the future of…
Reducing Legal Liability for Nonprofit Board Members
Risk is relative. For some people, jumping out of an airplane is a typical weekend adventure. For others, driving 5 miles per hour over the speed limit makes your pulse quicken and beads of sweat break out on your forehead. …
11 Must-Dos for Starting a Nonprofit
There’s a lot that goes into starting a nonprofit. Here’s 11 things to consider…because 10 is never enough!
5 Essentials for Enhancing Your Nonprofit Volunteer Program
The following is a guest post from Bloomberg. Volunteer work brings a ton of value to your organization—in fact, the current estimated value of a volunteer hour is $29.95! Volunteers support your ongoing projects, programs, and initiatives, all because of…
Protecting Your Dream: Starting a Sole Member Nonprofit
Starting any type of business is a risky endeavor. Whether you’re starting a consulting firm, a food truck, or a nonprofit food pantry, entrepreneurs face unique risks. And given that nonprofits can’t have owners, many social entrepreneurs face an even…
What is IRS Form 990?
The instructions for IRS Form 990, the long form, are 103 pages long. IRS Form 990-EZ, its mid-range form, instructions are 48 pages long. IRS Form 990-PF, only for private foundations – but required of all private foundations regardless of…
How to Incorporate Planned Giving into Your Capital Campaign
The following is a guest post by Amy Einsenstein from Capital Campaign Toolkit. If your organization is heading toward a capital campaign, this might be a perfect time for you to think about establishing a planned giving program. Planned giving…
Nonprofit Board of Directors Term Length: How Long is Too Long?
In a few weeks, your nonprofit is having its next board meeting. It just happens to be the annual meeting in which officers and directors are elected. You’re the founder and have been President and a board member since the…