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What Are 7 Common Nonprofit Startup Costs?

GrantNews

This plan includes general liability insurance, commercial property insurance and business income insurance. Funding is intended for maintenance, winterization, initial and annual start-ups, and technical consultation services. The price of this insurance can vary depending upon the coverage plan chosen.

Insurance 113
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The Compelling Advantages of a Charitable Remainder Trust

Planned Giving

By understanding the intricate advantages of CRTs, individuals can leverage these trusts to minimize tax liabilities while supporting charitable endeavors. Selling these items can result in significant tax liabilities. This can lead to higher tax brackets and increased tax liabilities. What is a Charitable Remainder Trust?

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Security: The Scary Part of Cloud Computing

Tech Soup

The cloud security technical session presenter was Donny Shimamoto, who is the founder and managing director of IntrapriseTechKnowlogies. IntrapriseTechKnowlogies specializes in nonprofit IT and financial consulting. Donny Shimamoto's presentation gave me a better understanding of why the field of cloud security is so scary.

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Which of Your Fundraising Events Need Online Waivers?

Get Fully Funded

To protect your organization from legal liabilities, you can incorporate online waivers into this process. Waivers are intended to protect the organization from potential risks and liabilities they could incur if a participant gets injured during the event, for example. Events for first-time supporters. The Bottom Line.

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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). Liabilities) These are amounts the nonprofit must pay, either now or in the future.

Finance 52
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Should You Have A Grant Writers Kit?

Red Tape Busters

This is truer for Grant Writers who work specifically inside the organisation seeking grants, but Grant Writing Consultants can find useful strategies in adopting parts of a Grant Writers kit as well. However, for Grant Writers, there are many parts to grant writing that are repetitive no matter what the grant is.

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Budget Planning for Nonprofits: Ensuring a Successful Fundraiser

GiveSmart

Entertainment and technology Whether you have a simple presentation or the hottest musician of the year, include your entertainment and technology costs in your budget. Along with permits and licenses, consider getting event insurance , which offers liability protection if someone gets hurt or damages the venue’s property.

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