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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. For example, a senior care nonprofit can use unrestricted donations to purchase supplies for activities, cover an increase in transportation costs, or hire a memory care specialist to help them expand their services.

Funding 110
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Should You Accept ANY Type of Nonprofit Donation? (And How Should You Gracefully Decline a Gift?)

Get Fully Funded

Record the donation in your CRM platform as being from the bank. Your CRM platform has instructions on how to do this. Miscellaneous: Even life insurance policies, annuities, IRAs and other types of gifts should be straightforward to accept, as long as they can be liquidated. Simply thank the donor for their generous gift.

Donation 119