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…
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…
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…
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. …
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. …
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…
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…
Scholarships are an excellent opportunity to make a positive impact and support the objectives and mission of your nonprofit. This is particularly true if your organization’s mission is primarily educational in nature. But the benefits aren’t exclusive to educational nonprofits…
Risk management should be among the top strategic initiatives of every nonprofit board of directors. Establishing effective policies and procedures will help, as will requiring separation of duties and limiting conflict of interest. But, what if your nonprofit owns real…
COVID-19 (still around!). Economic uncertainty. Political turmoil. But yet, signs of recovery sprinkled in. Nonprofits meeting needs. It’s been yet another strange year, for sure.