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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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In-Kind Donations 101: A Guide for Nonprofits

Qgiv

Not all donations need to be monetary! By accepting in-kind donations, you can ask your donors to provide resources for your mission in ways that may be more accessible for some of your supporters. Despite not donating financially, in-kind donations can still qualify as a tax dedication, further benefiting your donors.

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 Restricted funds are donations or grants that can only be used for the purposes specified by the funder. All in unrestricted funds with no reporting necessary.

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Shrinking Congregations, Smaller Donations

Planned Giving

An entire generation of older, more generous parishioners is passing. Shrinking Congregations, Smaller Donations Ignoring the Warnings Since the pandemic, “one in five U.S. Its primary fuel – donations – is drying up and disappearing. What happens when those parishioners pass away? So what’s a church to do?

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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

Bonus tip: To encourage early orders, promote the kits through the schools email list or PTA Facebookgroup. Charge a small fee per session or offer a term-long pass. Extra note: If you partner with a local instructor, ask them to volunteer or reduce their fee in exchange for promotion through the schoolnetwork.

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Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

The need for local pest control, insurance, copier lease, or related services may change, therefore you should re-evaluate annually. Buy in Bulk – How many of us buy small quantities of office supplies at the local dollar store to “get us through until the next donation?” Funding For Good, Inc. Learn more, visit [link].

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The Nonprofit’s Guide to Legacy Giving

Qgiv

One way your donors can help you extend your impact is through legacy giving. Legacy giving is a committed donation a donor plans to leave to a nonprofit organization as part of their estate after they’ve passed away. Here’s a look at seven of the most common types of legacy gifts: Bequests through wills and estate plans.