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What Are 7 Common Nonprofit Startup Costs?

GrantNews

A lawyer can help you draft your ‘articles of incorporation,’ as well as help you with your application to the IRS. This will include money for payroll, benefits, payroll taxes and contract employees. The price of this insurance can vary depending upon the coverage plan chosen.

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

Fundraising activities and events must comply with local laws and carry adequate liability insurance. Companies can also provide direct funding to organizations that have been nominated by their board members, employees, or through a formal application process similar to what foundations traditionally use.

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5 Legal Issues For NPOs Using ChatGPT

The NonProfit Times

AI systems rely on vast amounts of data to train and improve their algorithms, and nonprofit leaders must ensure that the data they collect is used in accordance with applicable federal, state, and international privacy laws and regulations. One of the primary legal issues associated with the use of AI is data privacy.

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