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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Cost of Incorporation& Tax-Exempt Status Every nonprofit startup must file a legal document known as the articles of incorporation with their state to begin the process. A lawyer can help you draft your ‘articles of incorporation,’ as well as help you with your application to the IRS.

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How to Build a Better Nonprofit Budget in Less Time and with Less Stress

Blackbaud

Work with the heads of each department to analyze expense history, review contracts for any automatic expense increases, and evaluate the strategic plan for any additional expenses to include. These are set costs like headquarters rent, insurance, and administrative salaries.

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5 Legal Issues For NPOs Using ChatGPT

The NonProfit Times

Those systems can generate new works of authorship, such as software programs, artistic works, and articles and white papers. You need to ensure that your organization has appropriate insurance coverage in place to protect against potential liability claims in all of these areas of legal risk.

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Is There An Inequality Tipping Point for Nonprofits?

Blue Avocado

From 2021 to 2022, according to a Nonprofit Times article, the number of people giving to nonprofits declined by an estimated 7.1 The largest percentage decline was the smallest donors, those who gave $100 or less,” the article notes. For these donors, the drop was a hefty 13 percent.

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Learning from peers to refine your nonprofit funding strategy

Candid

In this article, well outline a three-step process adapted from our report Finding Your Funding Strategy: Benchmarking 101 , tailored to U.S.-based It can help you decide on the revenue categories youll focus on, the likely mix of revenue from those categories, and the capabilities required to raise that revenue. based nonprofits.

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Five Costly Mistakes Tender Writers Must Avoid

Red Tape Busters

The ultimate goal for any tender writer is to win lucrative contracts and secure business opportunities for their organisation. In this article, we’ll explore five such mistakes and offer some valuable insights on how to avoid them.

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

For the sake of brevity, let’s say that you did everything we covered in our first article, “ 10 Tips for Onboarding All Types of Volunteers.” This is also a good time to discuss liability issues and your board liability insurance (which you have, of course.) If so, that’s a great start.

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