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

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Many of these nonprofits have never made a claim.

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

This will include money for payroll, benefits, payroll taxes and contract employees. The price of this insurance can vary depending upon the coverage plan chosen. This plan includes general liability insurance, commercial property insurance and business income insurance.

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

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.

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

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.

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5 Legal Issues For NPOs Using ChatGPT

The NonProfit Times

Note that traditional nonprofit directors and officers (D&O) liability and commercial general liability insurance policies might be — and likely are — insufficient to fully protect organizations in all of these areas.

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