Remove Calendar Remove Liability Remove Strategic Plan
article thumbnail

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 had received an offer on an industrial area he owned, and he wanted to know how to accomplish the pre-sale planning to get the deal done before the end of the year.

article thumbnail

A Beginner’s Guide to Nonprofit Financial Reporting

Greater Giving

Strategic planning. Also called a balance sheet, this statement lists your nonprofit’s assets, liabilities, and net assets to provide a snapshot of your organization’s financial health. It’s most helpful for strategic planning and risk management. Statement of financial position. Statement of cash flows.