Get Fully Funded

JANUARY 16, 2024

Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts. Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day.

Policy 52

Policy Policies Finance Budget 52

Get Fully Funded

FEBRUARY 20, 2023

They should put internal controls in place and help write policies to prevent loss, theft, or confusion, using current b est practices. The Board will be responsible for monitoring how closely financial activity matches the actual budget, looking into how much programs and services cost, and whether that cost is appropriate.

Strategic Plan 116

Strategic Plan Nonprofit Ethics Government 116

Planned Giving

JULY 29, 2024

These include: Assets with a Named Beneficiary: Such as life insurance policies or retirement accounts. Non-Probate Assets Without a Beneficiary: Certain assets like life insurance policies and retirement accounts pass directly to a chosen beneficiary. Inventorying the Estate: Compiling a detailed list of assets and liabilities.

Pass-Through 52

Pass-Through Insurance Insurance Liability 52

Qgiv

JULY 24, 2024

Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies. Policy board model The policy board model focuses on setting policies and strategic direction for your organization so your staff can focus on operational management.

Strategic Plan 52

Strategic Plan Nonprofit Policy Policies 52

Qgiv

AUGUST 10, 2022

In short, the board’s duty is to deal with the policies and the “big issues.” The staff, as led by the executive director (president, CEO…) implements that policy: the tactical three-foot view. Program volunteers will also have policy implementation duties. Think strategic, 3,000-foot view. This isn’t meant to scare them.

Finance 52

Finance Nonprofit Policy Policies 52

DoJiggy

SEPTEMBER 19, 2024

You also need policies to stay up-to-date with compliance and reporting requirements. Add it to your Form 990 to account for your assets and liabilities. Document all of your controls for team member clarity and periodically audit the controls themselves. million in number. A separate area of internal controls is audits.

Management 52

Management Finance Budget Nonprofit 52

Assel Grant Services

MAY 6, 2024

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. improving policies and procedures and strengthening internal controls). Nonprofits should know that these documents are not the same as an audit.

GPC 40

GPC Contracts Contract Procurement 40

Planned Giving

JANUARY 14, 2025

This includes real estate, bank accounts, investments, personal property, and liabilities like mortgages and loans. This includes paying funeral expenses, medical bills, taxes, and any other liabilities. Tips for a Smooth Probate Keep Records: Maintain detailed records of all financial transactions and estate documents.

Insurance 52

Insurance Insurance Liability Consultant 52

Tech Soup

JANUARY 8, 2013

Of course we’ll use mobiles more and more, but for heads-down work on longer documents, spreadsheets, presentations, serious data base projects, graphic design, and anything else that involves looking at a screen for hours at a time and using a proper keyboard – I’ll be keeping my laptop and will be glad to have it.

Nonprofit 74

Nonprofit Liability Strategic Plan Conference 74

Blackbaud

OCTOBER 18, 2024

Keep appropriate waivers and liability forms ready for volunteers to sign. Mitigate Risks Before deploying spontaneous volunteers to a disaster zone, check your insurance policy. Develop a screening procedure in “normal” times to make crisis screening easier. You might need a rider, so discuss coverage with your insurance agent.

Management 98

Management Liability Insurance Insurance 98

Blue Avocado

OCTOBER 22, 2024

Although some AVOs have permanent locations (such as in the back room of a historical home or at the library for a Friends of the Library), many do not — and meetings and documents move from home to home as officers change. Because most AVOs have an informal air about them, it’s easy for finances to be treated in a casual way.

Budget 84

Budget Finance Management Proposal 84