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Cornerstone Montgomery

RBW Strategy

Challenge RBW Strategy first partnered with 2019 to support a Substance Abuse and Mental Health Services Administration (SAMHSA) grant application. The organization was new to federal grant-seeking and required additional support to ensure a successful submission.

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Contributions To DAFs, Distributions Both Decline

The NonProfit Times

By the 2023 calendar year-end, the Dow was 13.7% Market performance varied significantly during the 18-month period analyzed and documented in the report, resulting in different giving patterns between DAF sponsors that report on a fiscal year ending June 30 versus those that report on a calendar year ending December 31.

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Save Our Stages & PPP Part 2: The Next Round of Relief Funding

Cain Nonprofit Solutions

Last year many arts and culture nonprofits struggling to cope with closures and restrictions in the wake of COVID-19 were able to take advantage of multiple relief grants and funding, chief among them funds made available through the CARE Act and forgivable loans that were part of the Paycheck Protection Program (known as ‘PPP’).

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The data/crisis catch-22: How the pandemic created a social sector data gap  

Candid

For example, about 75% of Candid’s grants data is sourced from Forms 990). We’re still waiting on tens of thousands of filings for 2019 iii and about 30% of 2020 filings; collection of 2021 filings has just begun. It is important to remember that organizations typically file tax returns the following year, so FY 2019 (i.e.,

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Happy New Year? It depends what nonprofit “year” you’re talking about.  

Candid

Calendar year Let’s start with the easy one. The calendar year is the one you’re used to thinking about, the one your Outlook and Google calendars use. It starts on January 1 and ends on December 31 (assuming a Gregorian calendar). The majority of nonprofits (64%) align their fiscal year with the calendar year.

IT 52
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Have grantmaker salaries kept up with inflation?  

Candid

While a few roles such as grants manager/administrator, associate director or executive vice president, and program director have seen their median salaries drop, these dips are likely due to staffing or reporting changes rather than actual reductions in individuals’ salaries. Inflation rates are based on the U.S.

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Creating Financial Transparency with Your IRS 990 Series (and Maintaining Tax Compliance)

Blackbaud

The 990 returns that 501(c)(3) organizations file with the IRS become public record, meaning that donors, volunteers, and grant-providing organizations have easy access to them. For organizations operating on a calendar year, this deadline will be May 15th. Now, let’s get into all the benefits of your organization’s 990 returns.