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Jury Is Out On Philanthropy And Medical Debt

The NonProfit Times

Medical debt relief has become a growing public policy priority for philanthropists and lawmakers worried about the toll on Americans’ financial, mental, and physical health. An estimated 40% of Americans have medical debt with nearly half of those owing at least $2,500.

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

DoJiggy

You also need policies to stay up-to-date with compliance and reporting requirements. 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. million in number.

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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.

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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.