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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. All in unrestricted funds with no reporting necessary.

Funding 111
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Getting Started With Planned Giving

Get Fully Funded

For example, donors who make a planned gift often increase their annual donations to a charity, according to a study in 2019 from the Giving USA Foundation. Planned gifts are most commonly put into place when a donor works through the estate planning process. And planned gifts can have some surprising benefits. Planned Giving 101.