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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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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. But we need to prepare now.

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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.

Insurance 114
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Newsletter: Why Aren't You Targeting Startups for Partnerships? ; Seven Top B2B Social Trends for 2024 ; How to Do Partner Surveys Right ?

Selfish Giving

For example, I just read about a new pet insurance company that donates $25 every time a new customer signs up for a policy. Follow the above article with this one on the top 7 social trends of 2024. There is some really helpful advice in this article! “Be Maybe this was the company's idea. Maybe it was the nonprofit's.

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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.” In short, the board’s duty is to deal with the policies and the “big issues.” The staff, as led by the executive director (president, CEO…) implements that policy: the tactical three-foot view.

Finance 52
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How to Probate a Will: A Comprehensive Guide

Planned Giving

Notice The information below, as well as the FAQs at the end of this article, provide a general guide to common probate questions and are for informational purposes only. Beneficiary Designations: Name beneficiaries for accounts and policies. How does probate impact life insurance and retirement accounts?

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Understanding Nonprofit HR: What Sets It Apart?

Get Fully Funded

In this article, we’ll cover: Nonprofit HR vs. For-Profit HR. These include the Fair Labor Standards Act, social security policies, OSHA requirements, and all state and local labor regulations. HR professionals can handle payroll tasks, as well as insurance coverage and managing other employee benefits.

IT 52