Remove Budget Remove Liability Remove Mentor
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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Most nonprofits set aside a percentage of their annual budget to go toward staffing. This number can vary depending on the size of the nonprofit, but for most, this is anywhere from 60-90% of their annual budget. This plan includes general liability insurance, commercial property insurance and business income insurance.

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The Quick Guide to Nonprofit Board Responsibilities

Qgiv

Your vice chair can also mentor new board members, helping them acclimate to their roles and responsibilities. Treasurer Your treasurer oversees your nonprofit’s financial health and manages budgets, reviews financial statements, and ensures compliance with financial regulations and policies.