Philanthropy’s New Model: Takeaways from the Siemer Institute
The following is a guest post from by Sheri Chaney Jones from SureImpact.
How the IRS Defines Charitable Purpose
When you hear the term nonprofit, the first thing that typically comes to mind is a charity, or 501(c)(3) organization. That’s for good reason, since roughly 78% of all tax-exempt organizations are exempt under IRC Section 501(c)(3). The remaining 22% consists…
Top Productivity Tools for New Nonprofits
When you’re just getting started, there’s a LOT to do, from building your Board to setting up an office to raising money. And if you are the founder, you are probably doing most of the work yourself. That’s when a…
Creating Engaging Content for Your Donors: 4 Things to Know
The following is a guest post from TagFi, an engagement & revenue growth software for communities worldwide. Nonprofit funding is more complicated than just asking for donations. In fact, many nonprofits are already mixing business and charity to earn more…
What Is A 501(c)(7)?
We are continuing our multi-article series on the other nonprofits…and by other I mean those that are not charitable in nature. So far we’ve explored social welfare nonprofits and business leagues. Today’s post examines the third most common type of…
What Is A 501(c)(6)?
Many people are not aware there are nonprofits organized as a 501(c)(6), at least not enough to recognize them for what they are. The 501(c)(3) charitable nonprofit is so engrained in their consciousness, they don’t realize there are other categories. …
Tips on How a Nonprofit Can Partner With Businesses
Mixing business and charity seems like it’s all the rage. Done well, it can be an effective way to both further the mission and raise financial support. In this post, we’re going to explore examples of each.
What Is A 501(c)(4)?
When someone talks about nonprofits, the first thing that comes to mind for most people is a 501(c)(3) charity. That makes sense, given that the majority of nonprofits have this tax-exemption designation. But charitable nonprofits don’t tell the whole story. …
The Importance of Confidentiality For Nonprofit Boards
Being a member of a nonprofit’s Board of Directors comes with a lot of responsibilities. You are part of the organization’s governing body. You are expected to provide guidance and oversight, as well as strategic planning. You have a monetary…
How to Raise Money to Cover Startup Costs
Starting a new nonprofit is exciting! You have a chance to make a difference and change lives. Paying for it can be nerve-wracking or even downright scary, especially if you haven’t done much fundraising before. There are registration fees to…