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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. Why are insurance rates soaring for nonprofits?

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Learning from peers to refine your nonprofit funding strategy

Candid

Based on Bridgespans experience and research, here are the main revenue categories and what they include: Governments: e.g., community block grants, insurance reimbursements, government grants, government contracts Small gifts (under $10,000) from Individuals: e.g., donations, entry fees, individual membership fees, religious contributions, bequests (..)

Funding 98
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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. This will include money for payroll, benefits, payroll taxes and contract employees. Nonprofit Insurance Many nonprofits purchase nonprofit insurance when starting their organization.

Insurance 112
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Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

Speak with your accountant to explore what “contract positions” entail. It might be possible to keep staff members on a contract basis until your organization can sustain employees long-term. Service Contracts – Don’t forget to reassess annual service contracts. Funding For Good, Inc.

Budget 98
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How to Improve On-Time Tuition Payments

Blackbaud

The tuition cycle starts with the school’s contract, which should clearly outline policies, expectations, and consequences that families acknowledge during enrollment. Having that contract roll from the school’s admissions software into its tuition management system helps eliminate chaos and confusion. Engaging quickly.

Contracts 105
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Five Costly Mistakes Tender Writers Must Avoid

Red Tape Busters

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.

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Philanthropy Officers and Grant Professionals

Grant Professionals Association

The dividing lines between the work of grants and contracts and philanthropy can be as distinct as two different divisions that have separate, defined functions, or as blurred as the responsibilities of a single individual who wears two different hats.

Grants 59