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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

It could be lobbying for funds from a government source, helping secure a contract with a client who will pay for your nonprofit’s services, or playing a major role in an event or product sales program. This is also a good time to discuss liability issues and your board liability insurance (which you have, of course.)

Finance 52
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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

Fundraising activities and events must comply with local laws and carry adequate liability insurance. unrestricted) funds to pay for the research and cultivation of corporate partners, whether that is accomplished through a contract with a consulting firm or an in-house position. Is Fundraising an Option for You?