Contract, IT and Liability - Grants & Fundraising Brief

Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

MARCH 3, 2025

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. Many of these nonprofits have never made a claim.

Insurance

Insurance Insurance Liability Liability Insurance

Five Costly Mistakes Tender Writers Must Avoid

Red Tape Busters

NOVEMBER 1, 2023

The ultimate goal for any tender writer is to win lucrative contracts and secure business opportunities for their organisation. Overpromising and Underdelivering – A Reputational Blow For tender writers , winning a contract can be a moment of triumph, but it also comes with significant responsibilities.

Contract

Contract Contracts Liability Proposal

What Are 7 Common Nonprofit Startup Costs?

GrantNews

MAY 8, 2024

This will include money for payroll, benefits, payroll taxes and contract employees. This plan includes general liability insurance, commercial property insurance and business income insurance. Are you or someone you know considering taking the plunge to start a nonprofit? The cost usually runs from $200-$300 a month.

Insurance

Insurance Insurance Liability Insurance Nonprofit

GrantWriterTeam’s New Approach: An Interactive Platform

Grant Writer Team

JULY 7, 2023

Rather than assuming liability, GrantWriterTeam’s role is to make available the platform for connections. GrantWriterTeam has shifted away from being the middleman with contracts created on the portal to a new model that empowers grant writers and grant-seekers to work together on their own terms.

Writing Sample

Writing Sample Grant Writing Contracts Contract

Catering Options for Virtual Fundraising Events-A Q&A with Vibrant Table Catering

Greater Giving

FEBRUARY 10, 2021

Meg: After reviewing our service offerings, we contract with the nonprofit organization for the event. Meg: The first and most important thing to know is that anyone handling food needs to have their food handlers card-if you don’t, there is a huge liability for your organization. Meg: Thank you for that, Tracey.

Fundraising

Fundraising Liability Contracts Contract

How to create your new nonprofit’s first budget

Get Fully Funded

MARCH 20, 2023

Expenses Staff Payroll Benefits Payroll taxes Contract staff Facilities Rent/mortgage Utilities (electricity, water) Pest control Maintenance Program Equipment Supplies Materials Mileage (specifically related to conducting your program’s activities) Administrative Office supplies Software (Quickbooks, donor tracking software, merchant account, etc.)

Budget

Budget Finance Software Liability

Why Nonprofits Are Needed in the Sharing Economy

Tech Soup

JUNE 16, 2014

She calls it The Great Risk Shift, where for-profit companies are shifting the liability, overhead, insurance, and consumer risks to the individual workers (and to the consumers). How do we ensure that the contracted driver receives fair labor practices, since they're not an employee? Where Are Nonprofits and Libraries on Sharing?

Nonprofit

Nonprofit Conference Insurance Insurance

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

Blackbaud

SEPTEMBER 7, 2024

Contract Services: Expenses related to payments for services provided by contractors who are not on the regular payroll. 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.

Professional Services

Professional Services Funding Donation Liability

Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

MAY 6, 2024

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Here are the circumstances that may trigger an audit requirement: Federal, state, and local government contracts may require an audit as part of the nonprofit’s contract for funding.

GPC

GPC Contracts Contract Procurement

Security: The Scary Part of Cloud Computing

Tech Soup

SEPTEMBER 5, 2011

If there is a security breach by one of your cloud vendors, primary liability for sensitive data rests with your organization - not the cloud vendor. The way to judge a cloud vendor's strength is to read their service level agreement, privacy policy, audit reports, and standard contract. In April, Amazon had an eight hour outage.

Liability

Liability Ethics Contracts Contract

Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

AUGUST 10, 2022

Mary’s University of Minnesota. New board members are valuable resources. They bring a fresh perspective to your organization. They bring energy. They could also bring their own agenda. Whether you call it onboarding or a board orientation, it’s essential that you start them out right. Let’s begin. Your Mission. Clarify how you got their name.

Finance

Finance Nonprofit Policy Policies

Safety First: How to Mitigate Risk at In-Person Events

Qgiv

AUGUST 27, 2021

Be sure you understand expectations while going through the contract process. It’s always a good idea to have pre-event meetings with vendors to go through expectations and complete a formal contract. Your in-kind contracts will most likely not need to be as robust. I saw the sign (and it was very clear about where I should go).

Contracts

Contracts Contract Pass-Through Utilities

Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

NOVEMBER 10, 2021

Nonprofits are always told to diversify their revenue streams. On its face, this advice makes sense. There’s no question that several sources of income provide better financial security than having a single source. The question is, can all nonprofits successfully pursue diversification? its general operating expenses). It also takes resources.

Nonprofit

Nonprofit Proposal Grant Grants

5 Legal Issues For NPOs Using ChatGPT

The NonProfit Times

JANUARY 9, 2025

Tort Liability. You must consider the potential tort liability issues that might arise from the use of AI. You need to ensure that your organization has appropriate insurance coverage in place to protect against potential liability claims in all of these areas of legal risk.

ChatGPT

ChatGPT Liability Insurance Liability AI

Grants & Fundraising Brief