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Keep Your Gift Acceptance Policy Strong

Planned Giving

What you decide to accept often depends on the feasibility of following through on the procedure to accept the gift. 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. These two questions often go hand in hand.

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Crafting Your Own Will: Benefits and Drawbacks for Willmakers

Planned Giving

Creating a will is a crucial step in ensuring your final wishes are respected and your loved ones are taken care of after your passing. A DIY will, or do-it-yourself will, is a legally binding document that you create independently, without the direct involvement of an estate attorney.

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How Lessons Learned From Fighting Food Insecurity Can Help Your Nonprofit

Blue Avocado

Prior to the Good Samaritan Act, many corporations felt they could face liability for donating food, and people who salvaged it without documented donation could face prosecution. After many years of lobbying and hard work, the GSA was passed, enabling all parties to help people.

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

It should also pass the reviewer’s criteria. Secure and prepare your documents. File these documents. This is to protect both the board and staff from legal liabilities. Since application papers are important legal documents, it will be wise to get the help of a seasoned attorney. Seek help from experts.

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

It should also pass the reviewer’s criteria. Secure and prepare your documents. File these documents. This is to protect both the board and staff from legal liabilities. Since application papers are important legal documents, it will be wise to get the help of a seasoned attorney. Seek help from experts.

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Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Nonprofits spending $750,000 or more of federal (or federal pass-through) funds in a year must complete a Single Audit.

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Estate Planning Essentials: 10 Crucial Documents for Organizing Your Affairs

Planned Giving

This entails organizing various legal documents to ensure your wishes are respected. Below is a comprehensive checklist of the essential documents needed for effective estate planning, why they are important, and how to obtain them. Sign the Document : Ensure it is signed and notarized.