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Keep Your Gift Acceptance Policy Strong

Planned Giving

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. By building this into your year you have ample opportunities to stay current with your policy and train key staff members on the policy.

Policy 93
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Do You Have to Pay Taxes on Grant Money?

GrantNews

Navigating the tax framework supporting grant money requires careful consideration to ensure compliance with IRS regulations and avoid potential tax liabilities. Winners receive training and other resources to assist in project development. Are you familiar with the rules and requirements?

Grant 124
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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

Without a handbook, volunteers may feel disconnected and unsure of their role and responsibilities because once training is over, there are no materials for them to reference later. Training opportunities: At minimum, you need an orientation to go over information in the handbook. Is there a liability release everyone must sign?

Policy 119
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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Cost of Incorporation& Tax-Exempt Status Every nonprofit startup must file a legal document known as the articles of incorporation with their state to begin the process. Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. The cost usually runs from $200-$300 a month.

Insurance 114
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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.

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Navigating Digital Waivers for School Fundraising Events

Big Fundraising Ideas

Navigating Liability: Top Digital Waiver Tips for Schools Fundraising is necessary for the vast majority of schools-but that doesn’t mean that it can’t be fun and exciting. When signed, waivers show that the participant has acknowledged any risks and agreed to release the provider from liability for damages.

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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.)

Budget 98