In the world of nonprofit work, numerical data is often seen as the gold standard for measuring success and demonstrating impact. This is because quantitative data communicates a more objective picture of how well your organization is delivering its mission…
So, your nonprofit teaches people things? I guess that makes your nonprofit an…educational charity? That just might be true. Today, we’re looking at the 501(c)(3) purpose category of education.
If you’re passionate about a cause, you’re likely eager to take action and make a difference. While there are seemingly endless ways you could go about this, starting a private foundation might be the solution. Although launching your own organization…
When starting a 501(c)(3) organization, there are generally two choices for classifying the organization: private foundation or public charity. Public charities represent the largest share (72%) of active, 501(c)(3) organizations. Their purpose is to perform charitable work, while private foundations…
Healthy things grow. That goes for both people and organizations. All but the smallest of businesses grow and evolve over time. Often it is a necessity to keep up with changes in the business environment, regulatory change, or simply changes…
What are your goals as a church leader? Are you passionate about ministering to others? Perhaps you want to offer hope to an entire community. Like any organization, churches need a clear vision of their purpose and the tools to…
We have talked at length about the differences between the two primary categories of 501(c)(3) – public charities and private foundations. What we haven’t addressed as much is the lesser understood category of private operating foundations. In this article, we going…
Work with startup nonprofits for as long as we have, and you’re bound to hear virtually every idea someone could come up with. We had a lot of fun in our last post exploring the terrible ideas people have that…
…But in this world nothing can be said to be certain, except death and taxes. – Benjamin Franklin
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…