GrantNews

JULY 19, 2024

Navigating the tax framework supporting grant money requires careful consideration to ensure compliance with IRS regulations and avoid potential tax liabilities. Consultation with a Tax Professional Navigating the tax implications of grant money can be complex, especially if you receive grants for multiple purposes or in significant amounts.

Grants 125

Grants Grant Liability Finance 125

Candid

DECEMBER 6, 2022

Instead of starting a nonprofit, you might spend your time and effort in other ways to help drive your mission forward, such as volunteering, consulting, or fiscal sponsorship. Because this information is required to be made public, it’s worth considering whether an “open books” approach to advancing your cause feels right for you.

Liability 105

Liability Nonprofit Insurance Insurance 105

Get Fully Funded

FEBRUARY 20, 2023

Look for these books on Amazon: The Board Member’s Guide to Fund Raising by Fisher Howe The Ultimate Board Member’s Book: A 1-Hour Guide to Understanding and Fulfilling Your Role and Responsibilities by Kay Sprinkel Grace The post The 10 roles and responsibilities of a nonprofit Board of Directors appeared first on Get Fully Funded.

Strategic Plan 116

Strategic Plan Nonprofit Ethics Government 116

Get Fully Funded

JUNE 29, 2021

So work with an insurer or an insurance broker to understand the coverage you need to best protect your organization and its liability. When dealing with policies, procedures, and processes (for example), consult an accountant, attorney, HR professional, and anyone else you need to ensure you get everything set up properly.

Policies Procedures 116

Policies Procedures Insurance Insurance Nonprofit 116

Sharpshooter Communications

AUGUST 13, 2021

If you have questions or concerns about your own status, please consult someone with expertise in tax status regulations. The nonprofit isn’t sure that the land isn’t a liability so, to protect the organization, they create a separate entity to be the owner. The IRS may update their guidelines the day after I post this.

Lobbying 52

Lobbying Pass-Through Liability Policy 52

Get Fully Funded

DECEMBER 7, 2021

But from time to time, a donor will offer you something else: stock, bonds, exchange-traded funds (ETFs), cryptocurrency, an acre of undeveloped land, a house, a boat, a car, a painting, a sculpture, a rare book, a musical instrument, or something else that makes you scratch your head. Consult your bank or broker on how to do so.

Donation 119

Donation Policy Policies Pass-Through 119