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

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

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Jury Is Out On Philanthropy And Medical Debt

The NonProfit Times

Those expectations were based in part on the 63% of households in a 2022 Kaiser Family Foundation study that said medical debt had forced them to reduce expenditures on food and clothing and 48% that said medical debt had caused them to deplete all or most of their savings.

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Money talks: Why tuning into the Giving Pledge matters 

Candid

For example, some prefer personal giving or directing their philanthropy through limited liability companies (LLCs). billion in 2022, now channels her philanthropy through Yield Giving , an LLC, which announced an open call in March of 2023 to distribute an additional $250 million.

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How to tell a compelling story with a Seal of Transparency 

Candid

If my nonprofit has a 2022 or 2023 Seal of Transparency, what do I need to do to get one for 2024? If you have a 2022 or 2023 Seal of Transparency, getting a 2024 Seal is simple. You’ll just need to fill out a few required fields, including your organization’s fiscal year, revenue, expenses, assets, and liabilities.

Metrics 52
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Ethical Considerations in School Fundraising — Transparency, Safety & Legal Compliance

Big Fundraising Ideas

Common Unethical Practices A 2022 study by the National Association for Fundraising Ethics found that 18% of surveyed schools had faced complaints related to unclear or unethical fundraising practices. Reduces liability risks for theschool. Proper planning and risk management minimize potential hazards and create a secure environment.

Ethics 52
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An Essential Guide to Nonprofit Financial Management (Best Practices and Tips)

DoJiggy

Key Elements of Nonprofit Financial Management In 2022, religious, charitable, and social welfare organizations eclipsed 1.49 Add it to your Form 990 to account for your assets and liabilities. You also need policies to stay up-to-date with compliance and reporting requirements. million in number.

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21 Heartwarming Holiday Fundraising Ideas

Qgiv

Set up a website, event registration form, and liability waiver with a reliable fundraising platform. While this event is being held in 2022, last year’s polar plunge raised over a million dollars! Unique fundraising ideas. Polar plunge. Ask your brave supporters to jump into the deep end with a peer-to-peer polar plunge fundraiser.