Remove Document Remove Donation Remove Liability
article thumbnail

How Government Grants Are Changing Grant-Making Policies

GrantNews

To illustrate, On January 5, 2023, the bipartisan supported Food Donation Improvement Act (FDIA) was signed into law. Specifically, to improve food insecurity and reduce food waste by expanding liability protection for food donors. We have been held together by a few documents and symbols for the past 200 years.

Policies 106
article thumbnail

Keep Your Gift Acceptance Policy Strong

Planned Giving

To help you get an idea of the types of gifts potential donors may choose to give, check out this list from the IRS to help you determine fair market value for in-kind donations. This document is written to explain charitable gifts to donors, but it is helpful to enlighten nonprofits on the burden of reporting unusual major gifts legally too.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Also share with volunteers about the Volunteer Protection Act , which protects volunteers from liability in cases of ordinary negligence. Is there a liability release everyone must sign? Is orientation required?

Policies 119
article thumbnail

Statement of Cash Flows: How Nonprofits Track Inflow and Outflow of Money

Blackbaud

Below, we provide more detail about this document and why it plays such a key role in successful financial management. The Operating Activities section shows cash transactions related to the nonprofit’s core mission, such as donations, grants, and expenses for programs and services.

Finance 94
article thumbnail

How to Create a Nonprofit Chart of Accounts: 3 Steps + Tips

Get Fully Funded

While maximized fundraising seems like the solution, the truth is that it takes responsible allocation of your resources to make sure every dollar is used wisely—and this starts with effective documentation. Most COAs are organized into five categories: assets, liability, net assets, revenue, and expense accounts.

article thumbnail

Share Your Green Tech Story and Win a Laptop or Tablet!

Tech Soup

The Challenge is open to all nonprofits in the United States of America who have used TechSoup's donated products or educational resources in the past. (a) As part of the prize notification, the winning individual or group will be asked to sign an affidavit of eligibility, a liability release and a publicity release (where legal).

article thumbnail

How to create your new nonprofit’s first budget

Get Fully Funded

Printing/postage Fundraising expenses Phone/internet Marketing expenses (graphic design, advertising) Professional development (training and conferences) Memberships, affiliations (dues & subscriptions) Travel/mileage/parking Insurance (liability for the facility, errors and omissions for Board, worker’s comp, etc.) Good question.

Budget 98