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What’s Your End-of-Year Strategy for Planned Gifts of Assets?

Blackbaud

He was a donor to one of our charity clients and we had talked about the possibility of gifting assets to reduce or eliminate tax liability. He was facing a significant tax liability if he didn’t get this completed before the calendar rolled into January. This allowed him the complete deduction in that calendar year.

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Nonprofit Financial Statements: An Overview + Top Insights

Pamela Grow

Essentially, it shows a snapshot of your organization’s annual financial health by comparing assets and liabilities. Liabilities. These appear on the statement in order of due date, with short-term investments listed above long-term liabilities. Net assets.

Liability 147
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Privacy Policy

Community Boost

California residents may ask us to provide them with (i) a list of certain categories of Personal Information that we have disclosed to other parties, including affiliates, for their direct marketing purposes during the immediately preceding calendar year, and (ii) the identity of those other parties.

Policy 52
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Back-to-School Basics with Nonprofit Finance Fundamentals

Just Write Grants

Balance Sheet : Provides a quick overview of the nonprofit's financial position at a specific point in time, detailing its assets (what it owns), liabilities (what it owes), and equity (the net assets or funds available to the organization). It could align with the calendar year or follow a different period.

Finance 52
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How to create your new nonprofit’s first budget

Get Fully Funded

Mark off a couple of blocks of time on your calendar to research things like supplies, materials, and equipment online or call local vendors to find out what things cost. Since your nonprofit is new, you don’t have historical numbers to look at and base your projections on.

Budget 98
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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

Fall events capture back-to-school excitement, winter allows for holiday-themed gatherings, spring brings fresh starts and outdoor opportunities, and summer is great for fairs and sports events-plan according to your school calendar and local community interests. Vary your activities and keep them relevant to the season.

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Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent

Blackbaud

Financial Statement Purpose Statement of Financial Position A snapshot of a nonprofit’s assets, liabilities, and net assets at a given point in time, showing its overall financial health. Statement of Activities A report detailing a nonprofit’s revenues and expenses over a period, reflecting the changes in its net assets.