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4 Nonprofit Financial Management Challenges (& Solutions)

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However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price. if you pay for a separate donation processor when your CRM has one built in).

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Should You Accept ANY Type of Nonprofit Donation? (And How Should You Gracefully Decline a Gift?)

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Here’s where a Gift Acceptance Policy can help (more on that in a moment). You might say to that donor “That’s a generous offer, but our policy says I need to take this sort of donation to my Board for approval.” Either way, your Investment Policy will outline how donated stocks and bonds are handled. Now you’re off the hook.

Donation 119
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10 Tips for Managing Crisis Volunteers in Natural Disasters

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Add them, if they are willing, to your affiliated volunteer roster and to your constituent relationship management (CRM) platform so you can keep them apprised of opportunities to support your mission in the future. Mitigate Risks Before deploying spontaneous volunteers to a disaster zone, check your insurance policy.