This article was provided by FreeWill. If you’re a new nonprofit or simply new to DAF grants, think of them as charitable savings accounts where donors can deposit money or assets (like stocks). The sponsoring organization invests the contributions, and…
A common mistake made by both businesses and nonprofits alike is the failure to budget income and expenses. Far too often, it’s a see-what-comes-in mentality that rules the day, with no attempt to plan, manage, or adapt to changing financial…
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.
Data compliance has always been a critical responsibility for nonprofits. Protecting sensitive personal information is vital to maintaining positive donor relationships and running productive fundraising campaigns. Nowadays, the stakes are higher than ever, as legal requirements and legislation related to…
When it comes to nonprofit compliance, one of most challenging issues is navigating the regulations surrounding multi-state charitable solicitations. The rules and regulations from state to state are not only complex but constantly evolving. As nonprofits expand their fundraising efforts…
By accepting text donations, your nonprofit can open up a reliable and lucrative revenue stream to power its mission. However, as with most areas of nonprofit fundraising and finance, there are some rules you must follow.
SUSTAINABILITY. That’s been the buzzword around the nonprofit space for over a decade. Organizations everywhere are looking for ways to build-in revenue streams to supplement, or even replace, traditional donations. The reality is, no matter how appealing the idea is,…
Every dollar counts for nonprofits, but some of the most valuable contributions don’t involve cash at all. In-kind donations — like donated equipment, pro-bono services, and surplus products — provide essential resources that allow organizations to stretch their budgets and…
Expressed in the most gut-level of ways, nonprofits exist to make the world a better place. They feed the hungry, shelter the homeless, educate the children, and support countless other worthy causes. Yet, ironically, many nonprofits still operate under the…
Imagine the joy of seeing your congregation come together to build a youth center, expand your community outreach program, or renovate your sanctuary. Or, maybe you’re dreaming of planting a church and need vital startup funds. No matter where your…